Viacom18, Disney India merger to create $ 8.5bn entity; Uday Shankar to be vice chair

Reliance Industries Ltd and The Walt Disney Company yesterday formally announced a decision to merge their Indian television and streaming assets that would, subject to regulatory approvals, create an entertainment behemoth valued at US$ 8.5 billion. Disney will provide content licenses to the joint venture.

Disney, Viacom18 merged entity to dominate with 750mn+ viewers

India’s top conglomerate Reliance Industries and Walt Disney yesterday announced the merger of their India TV and streaming media assets, creating an $8.5 billion entertainment juggernaut far ahead of rivals in the world’s most populous nation. According to a Reuters report, together, the Reliance-Disney merged entity will have 120 TV channels and two streaming platforms

MIB gives LCOs more time to file details with govt.

The Ministry of Information and Broadcasting (MIB) has extended the deadline for LCOs to submit requisite details to the government based on which a national registry of cable ops will be formed. “This Ministry has received requests from various associations of LCOs regarding extension in time period granted to furnish the details

Eugene Levy joins ‘Only Murders in the Building’ S4 cast

‘Schitt’s Creek’ star Eugene Levy is the latest addition to the cast of season four of the popular Hulu series ‘Only Murders in the Building’. Levy joins the lead trio of Steve Martin, Martin Short, and Selena Gomez in the upcoming chapter of the show, PTI reported. Meryl Streep, Eva Longoria and Molly Shannon will also star in the fourth season of ‘Only Murders in the Building’ in recurring roles.

Dailyhunt in talks to acquire India’s Koo: Report

Media firm Dailyhunt is in the advanced stages of talks to acquire homegrown microblogging platform Koo, a media report said on Wednesday. According to IANS, which cited unnamed sources, the deal is expected to be finalized “within weeks” and involves a share-swap agreement. Founded in 2020, Koo is owned by Bengaluru-based...

Quint Digital to acquire US’ Listen First Media LLC

Quint Digital Limited (QDL), a new-age digital media-technology group listed on an Indian stock exchange, via its newly formed 50:50 US joint venture with Cognita Ventures LLC, Quintype Technologies Inc., has entered into a definitive agreement with Listen First Media LLC to acquire the entire business operations including technology platform, brand, IP, domain name, customer contracts, employees etc.

Discovery+ airs special shows for National Science Day

In honor of National Science Day, observed annually on February 28 to mark the discovery of the Raman Effect by C.V. Raman in 1928, Discovery+ had an exciting array of shows to captivate audiences and celebrate scientific achievements. This year, as we pay homage to Raman’s groundbreaking discovery that earned him the Nobel Prize in Physics,