Reliance Industries and Walt Disney have sought antitrust clearance for their $8.5 billion India media merger by arguing their combined power, especially on cricket broadcasting, will not hit advertisers, two people with direct knowledge told Reuters. The deal, announced in February, has been expected by experts to face intense scrutiny…
Google and Meta have reportedly joined OpenAI in the artificial intelligence (AI) content licensing war. OpenAI has been making numerous deals with news publishers and other websites to access their data to train its AI models. As per a report, Google and Meta have also entered the market to strike…
Reliance and Disney on Wednesday announced a strategic joint venture that will merge their digital streaming and television assets in India. The merger will result in Reliance combining the businesses of Viacom18 and Star India into a single unit called Star India Private Limited (SIPL) through a court-approved scheme of…
Billionaire Mukesh Ambani’s Reliance is close to merging its India media business with Walt Disney with a 51 percent-54 percent stake, a deal that values the US giant’s Indian operations at just $3.5 billion (roughly Rs. 29,043 crore), said three sources with direct knowledge. The valuation of Disney’s India unit…
Mickey Mouse isn’t just for kids anymore. A trailer has dropped for a horror comedy film in which Mickey Mouse is the psycho killer – on the first day that the 1928 Disney short film “Steamboat Willie” has entered the public domain. “Steamboat Willie” was directed by Walt Disney, and…
Reliance Industries, India’s most valuable company, and Walt Disney signed a non-binding term sheet to merge their Indian media operations, the Economic Times reported on Monday, citing sources it did not name. Under the merger, Reliance would own 51% through a combination of shares and cash, with Disney holding the…
The Creator is headed to Disney+ and Disney+ Hotstar on Wednesday, December 20. Gareth Edwards’ latest sci-fi affair set amidst a futuristic war between humans and AI, will arrive 82 days after its theatrical release on September 29, during which it collected $104 million (about Rs. 866 crore) at the…
Disney has teamed up with Web3 gaming studio Dapper Labs to launch an app for fans to gather digital collectibles. The ‘Disney Pinnacle’ app is aimed at letting Disney fans digitise pin collections. Small and portable, Disney pins come in a variety of designs and represent popular Disney characters, movies,…
Hollywood actors and studios reached a tentative deal Wednesday to end a months-long strike that has crippled the entertainment industry, delayed hundreds of popular shows and films, and cost billions to the US economy. The Screen Actors Guild (SAG-AFTRA) called off its 118-day strike from midnight (0800 GMT Thursday) after…
Private equity firm Blackstone has held preliminary discussions with Walt Disney to acquire a stake in the Indian arm of the entertainment firm, two sources familiar with the matter told Reuters on Wednesday. Blackstone is the latest suitor for Disney’s assets in the hyper competitive Indian market, where it has…
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