Viacom18-Disney Merger Approved, Star India Gets Licence
Reliance gets the government’s approval to transfer Viacom18’s non-news and current affairs TV channel licences to Star India as part of their merger. The approval, granted on Friday, September 27, 2024, comes with conditions set by the Competition Commission of India (CCI). This decision follows the CCI’s approval of the merger between Reliance and Disney’s…
Gaurav Banerjee Appointed as Sony’s New Captain
In a strategic move, Sony has appointed Gaurav Banerjee as its CEO for operations in India, as reported by two sources to Reuters on Tuesday. Banerjee, who previously held an executive position at Disney’s India unit, is set to bring a fresh perspective to Sony’s operations. At Disney, he served as the head of content…
Disney India Agrees To Sell Its 60% To Viacom18
Broadcasting companies Sony and Zee were in talks of merging, but that fell apart due to financial and internal issues. However, in a historic deal, Disney India has now come to a preliminary agreement to sell 60% of its business to Reliance’s Viacom18. This means most of Disney’s business rights will go to Viacom18 and…
Disney CEO Bob Iger Back And Focusing On His Priorities
Walt Disney World’s CEO has returned to his position after just a couple of years off the job and addressed cast members in a town hall meeting. In this meeting, he discussed the multiple problems the company is facing, including Disney’s current hiring freeze, and then shared his priorities. He plans to focus on the…