Walt Disney CEO Michael Eisner, who is in India on an official visit, on Tuesday met Prime Minister Manmohan Singh.
Combines UTV, Disney, Indiagames businesses to drive growth in mobile, online, interative TV
Rajat Jain, managing director, Walt Disney India has decided to leave the company to pursue new opportunities after a three-year stint.
The Walt Disney Company has invested Rs 118 crore (Rs 1.18 billion) for a 15 per cent stake in UTV Global Broadcasting (UGBL), the broadcasting arm of UTV Software Communications. Walt Disney currently holds 300,000 equity shares in the company.
Walt Disney Company's proposal to set up office in the country to launch a broad range of media and entertainment products has been cleared on the condition that it will not broadcast from Indian soil, Rajya Sabha was informed on Monday.
Indiagames is a leading developer and publisher of mobile and online games.
Walt Disney is close to increasing its stake in Ronnie Screwvala-promoted media company UTV Software Communications to 32 per cent.
The Finance Ministry further said decision on seven FDI proposals has been deferred.
Robert A Iger will take over as the chief executive officer of the Walt Dsney company with effect from September 30, 2005.
Walt Disney is planning to open 135 more stores in India over the next four years.
Post strategic sale, Disney will have a representative on the UTV board.
The company will soon launch its range of shampoos and shower gels targeted at children in the age group of 4 to 14 years. The products have been test-marketed in markets like Mumbai, Delhi and Kolkata.
Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.
Siddharth Roy Kapur will take charge as managing director of the Walt Disney Company India from January 1.
The Securities and Exchange Board of India has approved The Walt Disney Company's deal to increase stake in Ronnie Screwvala-promoted UTV Software Communications beyond 15 per cent, six months after the deal was initially signed. Sebi, the market regulator, has also okayed the US-based company to launch an open offer.
Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RIL's broader strategy to deepen its footprint in India's television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2 per cent stake in the satellite television broadcaster.
The animated blockbuster 'Hanuman' would be telecast as a mini-serial on Disney Channel soon.
Billionaire Mukesh Ambani-led Reliance Industries has completed the merger of its media assets with the India business of global media house Walt Disney and formed a joint venture with a valuation of over Rs 70,000 crore. The JV will be one of the largest media and entertainment companies in India with a combined revenue of approximately Rs 26,000 crore and will be led by Nita Ambani as its chairperson, according to a joint statement.
Leading integrated media and entertainment company UTV Software Communications Ltd has decided to divest its entire stake in United Home Entertainment Ltd to the Walt Disney Company
The Competition Commission of India (CCI) has flagged possible anti-competitive concerns with respect to the proposed USD 8.5-billion Viacom18-Star India merger and has sought detailed responses from the parties concerned, sources said.
Only firms that have scale in content and a technology engine that drives its discovery and monetisation can compete,' explains Vanita Kohli Khandekar.
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.
'The whole narrative will change from TV is dying to TV-plus-digital is the future.'
Competition Commission of India on Wednesday said it has approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire. The deal, announced six months ago, has been cleared by the CCI with certain modifications proposed by the two parties.
After Do Dooni Chaar, the first Hindi live-action movie distributed by The Walt Disney Company (Disney) in India, won a National Award, the Hollywood studio tied up with UTV Motion Pictures (UTV) for more.
Disney Publishing Worldwide (India), a division of Walt Disney Company (India), has announced a licensing agreement with local publisher Junior Diamond to publish Disney comic books, both in English and Hindi.
'Our intention is to make Disney-branded clean family movies for the entertainment of the local Indian market.'
In a significant move, entertainment giant The Walt Disney Company plans to buy longtime partner Pixar Animation Studios Inc for $7.4 billi
Disney had bought digital and streaming rights to show the ICC's tournaments in India
Indus Clothing will manufacture branded jeans and fashion accessories in India.
The surprise bid, if successful, will create one of the world's biggest media companies, after Time Warner Inc and News Corp.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances