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International Insider: India’s New Power Player; ‘Gladiator II’ Goes Global; McQueen’s Powerful Message
Friends, Romans, Insider fans! Lend me your ears. Jesse Whittock here, back with the latest international film and TV news in the week Gladiator II released and Disney’s Indian plans came to fruition.
Disney/Reliance…
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1 Comments Comment on International Insider: India’s New Power Player; ‘Gladiator II’ Goes Global; McQueen’s Powerful Message
Disney & Reliance Complete $8.5B Deal To Form Indian Entertainment Giant
Disney and Reliance Industries have completed the $8.5B deal to form a media and entertainment giant in India.
This brings together Reliance’s JioCinema business with Disney’s Star India, which houses Disney+ Hotstar, under one roof. No name has been set for the joint venture just yet, but it is now…
Disney India-Reliance Merger Gets Go-Ahead From Antitrust Watchdog
Disney’s merger with Reliance Industries in India is going ahead after the country’s competition authority gave the deal a greenlight.
In a social media post earlier today, the Competition Commission of India (CCI) said the merger could go ahead, “subject to the compliance of voluntary modifications.”…
Paramount In Talks To Sell Stake In Viacom18 To Disney India Partner Reliance — Bloomberg
Paramount Global could be set for change in the tough Indian media market.
A Bloomberg report, citing unnamed sources, claims the MTV and Comedy Central owner is in talks with Reliance Industries to sell its stake in their channels and streaming venture, Viacom18.
This would allow Mukesh Ambani…
Disney India-Reliance Industries Merger Nears Binding Agreement
Reliance Industries and Disney India are set to sign a binding agreement to merge their assets, according to local reports.
The deal, which has been gestating for the past two months, could be signed this week and will see Reliance’s Ambani family overseeing a merged operation. The board will be…
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By Sara Merican
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Disney-Reliance India Mega Merger: Companies Agree To Non-Binding Term Sheet; Deal Would Create Media & Entertainment Powerhouse
Disney has taken another big step toward realigning its India strategy. The company has signed a non-binding term sheet with Reliance Industries that would see the two merge their Indian operations, the completion of which would create one of India’s biggest entertainment empires. The news was first…
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By Tom Tapp
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Disney Set To Sell Indian Operation To Reliance Industries In Deal Valuing Biz At $10B — Report
Disney could be offloading its Indian operation in a deal valuing the business at $10B.
Bloomberg News reported that a deal to sell a majority stake to rival Reliance Industries was nearing completion. Citing unnamed sources close to the agreement, it reported Reliance values the assets it would…
Facebook Invests $5.7 Billion In India, Buying Stake In Reliance Industries’ Digital Division Jio Platforms
Facebook Tuesday announced a $5.7 billion investment in Jio Platforms Limited, part of Reliance Industries, making the social media giant its largest minority shareholder.
In a blog post, FB said the sizable investment “underscores our commitment to India, and our excitement for the dramatic transformation that Jio…
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