Rediff.com looks at some surprising facts about Mickey Mouse on his 87th birthday.
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.'
While the first five stores will come up in Mumbai, Delhi and the National Capital Region by the end of this fiscal, a total of 150 Disney Artist stores will be set up in India by 2011.
The Walt Disney company has withdrawn its application to trademark the term 'SEAL Team 6', on its toys, games and a TV show, to apparently cash in on the elite unit that killed Osama bin Laden after US Navy declared it would protect its rights.
The CEOs have been discussing a collaboration for some time, according to two people with knowledge of the situation.
Walt Disney Company has unveiled a revamped Disneyland California Adventure Park spending a whopping $1.1 billion.
The CCI has asked the companies to explain within 30 days why an investigation should not be ordered.
According to Andy Bird, chairman of Walt Disney International, theme park investment requires massive support infrastructure such as airports, power supply and roads, still not available in India.
Reuters reported earlier this week that the Competition Commission of India (CCI) has sent a warning notice to the companies expressing concern that the merged entity will effectively have a monopoly on cricket broadcast rights worth billions of dollars, allowing it to squeeze advertisers.
The proposed transaction has been approved by the boards of both companies.
Hotstar on Friday said it will offer the Asia Cup and ICC Men's Cricket World Cup tournaments at no cost to users.
Disney Star is mulling legal actions against Zee Entertainment for backing out from a $1.4 billion sub-licensing agreement for TV broadcast of international cricket matches in India, according to industry sources. This could brew another legal trouble for Zee Entertainment Enterprises Ltd (ZEEL), which is already facing an arbitration plea by Sony Group at the Singapore International Arbitration Centre, claiming $90 million for breach of conditions of their merger agreement. Disney Star, an Indian subsidiary of media conglomerate The Walt Disney Company, is working on its strategy over the development, said industry sources.
Sukhbir Channa, a practicing Sikh American, applied for a job with Disney in 2006 but was not hired and was told that he did not have the "Disney look" -- a negative reference to his religiously-mandated dastaar (Sikh turban)
'As you're watching the IPL live, there's a conscious effort to showcase the entertainment portfolio.'
The venture, they said, would focus on technology and media opportunities in emerging markets. Industry sources said the focus would be on digital media, with India being the big driver.
Media conglomerate Viacom18 Media has become a subsidiary of Reliance Industries effective December 30, 2024, after the conversion of over 24.61 crore compulsorily convertible preference shares (CCPS) into an equivalent number of equity shares. Earlier, Viacom18 Media had been a material subsidiary of Network18 Media & Investments Ltd, a subsidiary of Reliance Industries Ltd (RIL).
Disney+ Hotstar reported its biggest decline in paid subscribers to date - a fall of 3.8 million subscribers, or 6 per cent of its total - in the October-December period. The drop in numbers came after two warnings by the company that Hotstar's paid subscriber base would shrink as it didn't have streaming rights for the Indian Premier League (IPL) for the 2023-27 media cycle. The IPL would start on April 1 this year and continue till May 28.
Having established its licensing business for a decade, it is tapping real estate to build on its themes.
UTV Software Communications has launched an English business news channel, UTVi. The channel will go on the air by April-end. The company has entered into a content tie-up with Disney-ABC International Television (Asia-Pacific), the international TV distribution arm of The Walt Disney Company, for news programming & services. The channel is positioned to cater to the growing business aspirations of young Indians. The channel will attempt to de-jargonise the financial markets.
Reliance Communications, Reliance Infratel, Huawei Technologies and Walt Disney Company (India) are among the companies which misused or diverted funds raised from abroad under the ECB route in the last three years, Parliament was informed on Friday.
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.
Byju's acquires licences of hundreds of characters from Disney; to use cartoon characters to teach math, science.
Walt Disney Company is keen to capitalise on the subcontinents' burgeoning mobile space to reach new audiences.
Dish TV subscribers through the English Movie on Demand service will now have access to a slate of box office hit movies from Walt Disney Pictures, Touchstone Pictures and Miramax across all genres.
Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.
Fox shareholders will receive 0.2745 Disney shares for each share held.
It also said that to make it easier for people to subscribe, Disney+ Hotstar VIP has tied up with telecom players Jio and Airtel.
Siddharth Roy Kapur's RKF aims to raise around $50 million by offering up to a 50 per cent stake in the company.
Dubai-based siblings Jainam and Jivika, the owners of jiohotstar.com domain, have decided to transfer it to Reliance "free of cost", resting speculations on social media platforms. The story of the internet domain name, which grabbed a lot of attention on social media platforms in the recent past, ended with "seva and kindness", according to the duo.
The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India), entailing total investment of Rs 2,326.72 crore (Rs 23.26 billion).
Walt Disney has laid off about 250 employees and replaced them with Indians holding H1-B visas.
Walt Disney finds another platform for its cartoons -- your mobile.
After a three-month hiatus, the Walt Disney Company's largest Magic Kingdom in Asia is back in business. The Shanghai Disney Resort threw open its doors Monday -- albeit with strict social distancing and public safety measures in place. Tickets for the earliest days of Shanghai Disneyland's re-opening sold out rapidly on Friday.
Shah Rukh Khan hopes to showcase the good things in life in the second season of the chat show, Ted Talks.
Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.
Having survived the imported Chinese toys that nearly killed the Indian toy industry, the Rs 2,000-crore (Rs 20 billion) domestic toy industry has come a long way.
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