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Jun 3, 2020 · Hotstar is now owned by Disney as the company closed the $71 billion deal with 21st Century Fox. The Walt Disney Company now owns Star India and its list of sports and entertainment channels,...
Oct 11, 2023 · Novi Digital Entertainment, the owner of Disney+ Hotstar, has begun the process of merging with its parent company, Star India, which is owned by Walt Disney Company. The companies have filed a merger scheme with the National Company Law Tribunal in Mumbai.
Mar 22, 2019 · With the closing of the $71 billion deal with 21st Century Fox, The Walt Disney Company now owns Indian TV giant Star, a Mumbai-based media company with dozens of sports and entertainment channels and other assets including Hotstar. The deal became effective on Wednesday morning.
Disney+ Hotstar is an Indian subscription video-on-demand over-the-top streaming service owned by Disney India, a subsidiary of Disney Company, featuring domestic Indian film, television and sports content for India itself and its worldwide diaspora. It also includes imported content from and serves Southeast Asia as well.
Feb 1, 2024 · Disney will own a 36.84% stake in the new company, with Reliance owning 16.34% and Viacom owning 46.82%. The joint venture has been valued at $8.5 billion dollars (₹70,352 crore), with Reliance agreeing to invest a further $1.4 billion (₹11,500 crore) for its growth strategy.
Feb 28, 2024 · Disney is teaming with Disney+ Hotstar’s biggest competitor to stem Star India’s losses and make its overall streaming business profitable
Oct 12, 2023 · Novi Digital Entertainment, which owns the Disney+ Hotstar streaming platform, has initiated a process to merge with its parent firm, Walt Disney Company-owned Star India. Both companies have already filed the scheme of merger with the Mumbai bench of the National Company Law Tribunal (NCLT).
