logo
logo

Disney to merge Indian operations with Reliance Industries to create a media & entertainment powerhouse

Disney to merge Indian operations with Reliance Industries to create a media & entertainment powerhouse

03/29/24, 6:51 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgburbank
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgmumbai
Industry
oil and gas
energy
The Walt Disney Company has signed a non-binding term sheet with Reliance Industries to merge their Indian operations, with Reliance group owning 51% of the merged entity and Disney holding the remaining 49%. This strategic move is expected to create one of India’s biggest entertainment empires and is aimed at strengthening Disney's presence and improving its bottom line in the Indian market.

Company Info

Company
Disney
Location
Burbank, California, United States
Company info
Walt Disney Co's Indian media assets include Star India Private Limited and Star Television Productions Limited. This merger makes the combined entity India's largest entertainment conglomerate with a portfolio of 120 channels.

Related People

Th
Tamotsu hidden
Lh
Luke hidden
Rh
Ray hidden
Jh
Jay hidden
Bh
Bob hidden
Bh
Bob hidden
Ah
Adam hidden
Ah
Adam hidden
Ah
Adam hidden
Bh
Bob hidden
Copy AI Email to Clipboard
Send via Webmail
Go to AI Email Settings
hidden
hidden
Eh
Elon hidden
Ph
Pete hidden
Ph
Pete hidden