JioCinema and Disney+ Hotstar Merge to Create India’s Largest Streaming Service ‘JioHotstar’

A star logo above "JioHotstar" text. Purple and blue gradient background. Below, a paragraph about entertainment and storytelling from JioCinema and Disney+ Hotstar.

In a new $ 8.5 million deal, Reliance Industries and Disney India have merged to create JioHotstar. JioHotstar According to Deadline, Mukesh Ambali, owner of Reliance Industries — which controls India’s popular low-cost streaming service JioCinema — has merged with The Walt Disney Company’s Disney+ Hotstar to form JioHotstar. Disney+ Hotstar has been the leading … Read more

Sheriff Reportedly Threatens to Disqualify Walt Disney World Marathon Runner and Detain His Wife, Chases Him Down Course; Shaman of Songs Suffers Gaping Hole in Neck on Na’vi River Journey; & More: Daily Recap (1/7/24)

We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Sunday, January 7, 2024. Walt Disney World EPCOT … Read more

Disney and Reliance Industries Hire Law Firms for Antitrust Due Diligence Ahead of India Assets Merger

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After reaching an agreement last month to merge their India assets, The Walt Disney Company and Reliance Industries have both hired law firms and started antitrust due diligence. Disney and Reliance Industries Hire Law Firms for Antitrust Due Diligence Reliance Industries hired Indian law firm Khaitan & Co and Shardul Amarchand Mangaldas and Disney chose … Read more

Reliance Industries to Take Majority Control of Disney+ Hotstar With New Agreement Finalized by Kevin Mayer

Disney+ Hotstar logo: white text against a dark blue background with a light blue swirl over the words

Disney has signed a non-binding term sheet with Indian company Reliance Industries that would see the merger of their India operations, including Disney+ Hotstar, Deadline reports. New Disney+ Hotstar Agreement Finalized Amid struggles with streaming, it was reported in October that Disney was considering selling their India assets, including Disney+ Hotstar, to Reliance, their main … Read more

Disney Considering Selling India Streaming Assets, Including Disney+ Hotstar, to Reliance Industries

Disney+ Hotstar logo: white text against a dark blue background with a light blue swirl over the words

Bloomberg News and Reuters have reported that Disney is nearing a deal to sell its India streaming operations, including Disney+ Hotstar, to Reliance Industries. Disney Considering Sale of Disney+ Hotstar Disney values its Disney+ Hotstar streaming service and Star India stake around $10 billion, and Reliance Industries, Disney’s biggest rival in India, values them between … Read more

BREAKING: CEO Bob Iger Considering Selling Streaming Services and Other Assets, May Even Try to Sell Entire Disney Company

The Walt Disney Company’s CEO Bob Iger is looking to sell some of the company’s TV and streaming assets, and may even be considering selling the entire company. Bloomberg reported on the potential sales, referencing Iger’s now infamous “Squawk Box” interview. The interview conducted by David Faber was held at a media conference in Sun … Read more

50% of Disney+ Subscribers Are Adults with No Kids, Bob Chapek Talks More About DTC at Morgan Stanley Conference

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With emphasis being shifted to direct-to-consumer entertainment, it’s become clear that Disney+ has become a huge part of The Walt Disney Company’s future. But could it also influence the park-going experience? Disney CEO Bob Chapek seems to believe so. Chapek discussed the streaming service during the Morgan Stanley Technology, Media and Telecommunications Conference on Monday, … Read more