Walt Disney Co and Reliance Industries on Wednesday announced signing of binding pacts to merge their media operations in India to create a Rs 70,000 crore behemoth. Reliance and its affiliates will hold 63.16 per cent in the combined entity while Disney will hold the remaining 36.84 per cent, the companies said in a statement.
'It doesn't matter where you come from. If you strongly believe in your idea and we see potential in scaling it up, there are people to back it up.'
The once-powerful Japanese major is left with little to show in the face of sustained competition from rivals.
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
Fast, furious and fashionable, it's all there on OTT this week. Here's the action-packed menu.
'The IPL is by the biggest sports property in the country and having it will give any digital video player an edge.'
Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.
Analysts have given a thumbs up to the Reliance Industries (RIL) and Walt Disney Co. (Disney) proposed a joint venture (JV). The stock of the Mukesh Ambani-controlled company gained nearly 1.5 per cent on Thursday to Rs 2,952 levels as compared to the S&P BSE Sensex that traded marginally weak, down 0.2 per cent to 72,172 levels in intra-day trades.
Zee Group is India's second-largest media and entertainment firm.
'Even Aaradhya watches KBC,' Amitabh Bachchan tells us.
The episode in which Patil won, will be aired on October 20 on Sony channel.
Bollywood's power couple Arbaaz Khan and Malaika Arora Khan are going to introduce you to the other power couples in showbiz, and let YOU be a part of their daily life!
While consumer electronics, technology, mobile phones, auto and sports-wear categories dominate the top 20, FMCG has only one entry in the list
'This is a first-of-its-kind partnership in the Indian media & entertainment landscape, and this association with Disney Star reflects our sharp, strategic vision for the sports business India.'
Ananth Mahadevan takes on the audience.
Amazon had decided not to participate in the bidding as the company did not find it a viable option for growth in India
Bollywood actress Juhi Chawla is the brand ambassador for Sony Entertainment's new general entertainment channel Sony Pal.
Of the 23 companies, eight have raised funds after Shark Tank India.
This week on OTT is only about three things -- entertainment, entertainment, entertainment.
The event will be telecast on MSM's sports channels -- Sony Six and Sony Six HD in English - and Sony Aath, the network's only regional channel, in Bengali.
In the past five years, Colors didn't make any money on the show, though it had a huge impact on the popularity of the channel (in terms of overall viewership), putting it among the top three. With record sponsorship deals, this year, the channel aims to break-even.
From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
Small and big advertisers are making their presence felt this year far more than they did earlier, bringing a smile to the faces of the tournament's organisers and partners.
'When I started my journey in Indian Idol, a lot of people laughed at me for not knowing Hindi well. I did feel bad but I did not let anything negative affect me and took it as a challenge.' Meet Indian Idol 9 winner V Revanth.
'Money was pouring in after Movers & Shakers. At the turn of the millennium, I was voted one of the top 10 Mumbaikars. People joked that even when they switched off their TV sets, I was there! I would ask God if he was compensating me for the loss of Ayush, the greatest tragedy of my life.'
As returns from fiction fall, broadcasters are experimenting with high-cost programming and new genres to grab more eyeballs. But can production houses rise to the challenge?
The Indian Broadcasting Foundation (IBF) on Monday announced the appointment of former Supreme Court judge Justice Vikramjit Sen as the Chairman of its newly formed self-regulatory body Digital Media Content Regulatory Council (DMCRC).
'Kapil will always be my friend.' 'Sometimes it's nice to remain silent.'
'...you start running after the star.' 'If the star says yes to the film, the ecosystem supports it.' 'The biggest cog in the wheel of the ecosystem is the audience and we forget that.'
'We are very protective of him.' 'People can't go close to him and take pictures like before.'
Amazon's rivalry in India with oil-to-retail conglomerate Reliance Industries looks set to head to the cricket field, where they will likely battle media heavyweights for telecast rights to the Indian Premier League (IPL) with its hundreds of millions of viewers.
The WWE says that India is its biggest market globally in terms of television viewership -- around 350 million unique viewers annually -- social media engagement and YouTube consumption, even claiming that it is the second-most watched sport in the country behind cricket.
Spider-Man: Across The Spider-Verse feels like a lovely celebration of Spider-Man as the superhero we all love, raves Mayur Sanap.
Within rural markets, the viewership share of Dangal TV, which is a free-to-air channel, is at 33%.
Starting with a family, which had a dealership of Bajaj Auto's scooters, to becoming the owner of a household name in consumer appliances who could afford to have Bollywood superstar Shah Rukh Khan as the brand ambassador, Venugopal Dhoot's is a story of an aggressive small town businessman's pursuit to be on the top. Now arrested in connection with the ICICI Bank loan fraud case, Venugopal Dhoot during his heydays was not the one to simply sit on small achievements like Videocon becoming the largest television set manufacturer in India.
The four south Indian languages grew by 7% while regional languages within the Hindi speaking markets (such as Bhojpuri, Bangla, Marathi, etc) grew by 26%.
'Do you think I am so stupid to turn away Shah Rukh Khan and Ajay Devgn?'
The intelligently conceptualized show does more for nationalistic pride than a dozen jingoistic series, applauds Deepa Gahlot.