Disney
RIL to acquire 61% stake in Walt Disney India: report
28 Feb 2024
Walt Disney is reported to have agreed to sell 61 per cent of its India business to Viacom 18, the media arm of Reliance Industries Ltd, in what is seen as a major development in the Indian media and entertainment industry.
Zee abandons $1.4 bn ICC cricket rights deal with Disney Star
26 Jan 2024
Zee Entertainment Enterprises Ltd (ZEEL) has walked out of a $1.4 billion deal with Disney Star to take over broadcasting rights
Reliance and Disney initiate antitrust diligence for merger in India
04 Jan 2024
Indian business tycoon Mukesh Ambani’s Reliance Industries and global entertainment giant Walt Disney have taken decisive steps towards their proposed merger with the Indian media and entertainment sector.
Disney secures support from activist investor ValueAct Capital
04 Jan 2024
In a significant development, The Walt Disney Company has garnered support from ValueAct Capital, a notable activist hedge fund. This backing comes amid board challenges posed by billionaire financier Nelson Peltz.
Disney gears up for an an intense boardroom clash as activist Peltz eyes two seats
15 Dec 2023
In a significant development set to impact the entertainment giant Walt Disney, activist investor Nelson Peltz has nominated himself and former Disney Chief Financial Officer James “Jay” Rasulo for seats on the company’s board.
Walmart joins brands abandoning Elon Musk's social media platform X
02 Dec 2023
In an announcement made on Friday, 1 December 2023, Walmart confirmed that it is no longer advertising on the social media platform X
International brands' waste fuels brick kilns in Cambodia, prompting health concerns
20 Nov 2023
The Cambodian League for the Promotion and Defense of Human Rights (LICADHO) reveals that waste from at least 19 international brands, including major names like Adidas and Walmart, is being utilized as fuel in brick factories in Cambodia.
ESPN valued at $24 billion, Apple and Verizon among likely buyers
03 Nov 2023
According to BofA Global Research, the Disney-controlled ESPN sports network is currently exploring opportunities to attract investments from various sources
Disney to acquire Comcast's remaining 33% stake in Hulu for a minimum of $8.6 billion
02 Nov 2023
In an important move to solidify its position in the global streaming service arena, The Walt Disney Company officially initiated the acquisition process of Comcast's one-third stake in Hulu.
Reliance closes in on the acquisition of Disney's India business
25 Oct 2023
One of India’s largest conglomerates, Reliance Industries Ltd., is planning to buy Disney Co.’s Indian operations.
Blackstone in talks to acquire stake in Disney's Indian division amid free ICC World Cup streaming
11 Oct 2023
Blackstone, a private equity firm, has started initial talks with the Walt Disney Company to acquire a stake in the Indian division of the firm.
Disney attempts to provide free cricket to gain momentum in streaming wars with rivals
29 Aug 2023
Walt Disney is aiming to revamp its streaming business in India by providing cost-free cricket content on smartphones. This strategic move is anticipated to drive an increase in advertising revenue and counterbalance the effects of a decline in subscribers.
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India’s Millet Revolution To Enrich Global Food Basket
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Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation