Asad Ayaz assumes this new role after eight years as President of Marketing for The Walt Disney Studios, and leading marketing for Disney+
Star India had contributed $84 million to the segment in the same quarter last year, and its absence this year also pushed international operating income down to $(33) million from $52 million
The Mumbai bench of the NCLT has noted that the scheme appears 'fair and reasonable' with no violations of any provisions of law or public policy
As per media reports, both RIL and Disney are not keen on making changes to their cricket broadcast rights
During the earnings call, Walt Disney’s Chief Financial Officer Hugh Johnston said the company would lay out positive earnings from the India business consolidation once the merger deal is closed
The company has attributed the losses to higher programming and production cost attributable to the timing of the ICC T-20 World Cup
As per media reports, both RIL and Disney are not keen on making changes to their cricket broadcast rights
Uday Shankar is also the only media thought leader to have won two coveted titles - Impact Person of The Year (2010) and Impact Person of the Decade (2014)
The two parties have reportedly filled Form 2, which notifies CCI about the merger and its impact on competition
The two companies reportedly addressed CCI, allaying concerns about the merged entity dominating cricket broadcasting and streaming
Reports say that the sale will allow Disney to focus on the merger of its India business with Viacom18
Disney+, Hulu and Max streaming services will be available as a combined offering, which may also comprise ad-less plans
Star India’s advertising revenue more than doubled from $106 million in H1 last year to $221 million in H1 this year
Star India’s sports business loss expands by 50% in H1FY24
The company saw a decline in sports revenue from Star India by 17%
With Temasek's exit, Tata Sons now holds a 70% stake in the DTH firm along with Walt Disney which has 30%
Venke Sharma will be Global Head Product Strategy at the AI platform
Venke Sharma held the position of Executive Director - Consumer Strategy and Innovation at the company
According to media reports quoting Motilal Oswal, the merger will give RIL a large pie in the media business
Walt Disney has said revenue from linear network in entertainment was down by 12% from the previous fiscal due to lower advertising and affiliate revenues
As per sources, some senior executives have also moved out of the network
The Zee-Sony deal may be on shaky ground but mergers & acquisitions in media are quite common globally. A glance at merged entities that are running successfully
We are also looking to see whether we can strengthen our hand there, said the Disney CEO during the earnings call on Wednesday
The merger is in line with the companies’ endeavours to restructure their streaming, broadcasting and distribution business
The company previously also engaged Reliance Industries, exploring an outright sale, and a joint venture among other options
Disney+ Hotstar subs went down this quarter as the company adjusted the product from one centred on IPL to one balanced with other offerings, said financial chief Kevin Lansberry
The company has said the extension will give Iger ‘more time to execute a transition plan for the CEO succession'
Disney Plus has reported that its streaming losses have reduced by $400 million in the second quarter; the subscriber count for Disney+Hotstar has dipped by 8% in Q2
Walt Disney has added nearly 57 million subscriptions this year
The company has, however, beaten expectations by adding 12.1 million new subscribers
Rastogi joins as Product and Revenue Strategy Lead for Asianet
An astounding 700 million viewers tune into television for consuming sports
Chapek's contract was to get over in February
Disney Star India has secured TV rights for five years for Rs 23,575 crore
The company has, however, said it will cut down spending on movies and TV shows
The new firm will invest in media and consumer technology opportunities in Southeast Asia, with a particular focus on India, said the duo in a statement
Chawla was the Head of Business Operations, Digital Media for Direct-to-Consumer & International business
Campbell will continue to oversee Walt Disney Company’s teams in Asia Pacific, EMEA, India and Latin America
Before his elevation, he was Senior Vice President - Regulatory at Star India, which is now part of Walt Disney
Cherian will report to K. Madhavan, Country Manager and President, The Walt Disney Company & Star India and will join the India Leadership Team that drives Disney Star businesses in the country
The CII–BCG Big Picture 2021 report explores the industry’s recovery after the Covid-19 pandemic's impact and highlights key imperatives for achieving its potential over the next decade
Investment company Lupa India is set up by James Murdoch, former chief executive officer of 21st Century Fox, with a focus on media, education and healthcare, said media reports
In its 98-year history, the entertainment giant has elected a woman to this position for the first time. Arnold will succeed Robert Iger as Chairman
The network's GECs have 132 mn subscribers while the sports channels have 84 mn subscribers, as per data provided by The Walt Disney Co. in its annual filing for fiscal 2021
Madhavan, The Walt Disney Company India & Star India Country Manager & President, said that regulations like New Tariff Order 1 and 2 did not address the interests of any stakeholders
The company plans to build its metaverse by connecting physical and digital worlds even more closely, CEO Chapek told analysts during the Q4 earnings conference call
In Q3, Disney+ Hotstar comprised close to 40% of Disney+'s global subscriber base of 116 million
The disclosure has been made in the Reference Interconnect Offer (RIO) filed by the broadcaster to comply with New Tariff Order (NTO) 2.0
Garg was a key part of former Disney and Star India chief Uday Shankar's team
At the CII SummitFX 2021 – Global AVGC Summit, Madhavan stated that the M&E industry revenues are on track to reach $30 billion in 2023 from around $19 billion in 2020