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JioHotstar Crosses 200 Million Paying Subscribers on IPL Frenzy
JioHotstar has increased its paying subscriber base to over 200 million, driven by multi-language live broadcasts of the hugely popular Indian Premier League cricket matches. To get so many paying subscribers just from India in such a short time was “pretty satisfying,” said Uday Shankar, vice chairman of JioStar.
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Reliance-Disney Said to Stop Completely Free IPL Cricket Streaming in India
The Reliance-Disney joint venture will no longer offer completely free streaming for IPL cricket matches. The decision to change the terms of streaming the Indian Premier League (IPL) comes after Indian billionaire Mukesh Ambani's Reliance and Walt Disney combined their India media assets in an $8.5 billion (roughly Rs. 73,787 crore) merger last y...
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Disney-Reliance Joint Venture Said to Stream Live Sports Only on Disney+ Hotstar
The Disney-Reliance business in India, including popular Indian Premier League (IPL) cricket, will only be available on Disney's Hotstar app, three sources familiar with the matter told Reuters.
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NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
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Disney-Reliance Pitch Concessions for India Merger, Refuse to Sell Cricket Streaming Rights
Reliance-Disney are aiming to create India's biggest entertainment player which will compete with Sony, Netflix and Amazon with 120 TV channels and two streaming services. Many antitrust experts had said that one way to clear the antitrust hurdle was to sell some cricket rights.
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CCI Said to Have Flagged Disney-Reliance $8.5 Billion Merger Over Cricket Rights Concerns
India's antitrust body has reached an initial assessment that the $8.5 billion (roughly Rs. 71,199 crore) India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday.
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Reliance, Disney Merger Will Hurt Rivals, Warns Antitrust Body: Report
Antitrust body, the Competition Commission of India, has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, Reuters reported.
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$8.5 Billion Reliance-Disney Merger Faces 100 Antitrust Queries: Report
India's antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media assets merger, including details on sports rights as it heightens its scrutiny of the deal, two sources told Reuters.
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Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance
Reliance and Disney are said to have asked the Competition Commission of India (CCI) to approve their $8.5 billion media merger by arguing their combined power will not hit advertisers. The deal will result in the creation of India's biggest entertainment player with 120 TV channels and two streaming services, and is expected to face intense scruti...
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Disney, Reliance Said to Ink Binding Pact to Merge India Media Operations
Walt Disney and Reliance Industries have signed a binding pact to merge their media operations in India, according to people familiar with the matter, as the US entertainment giant recasts its strategy amid intense competition in the world’s most-populous country.
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Disney Is Considering Selling Its Indian Streaming and TV Business, Reliance Is Among Potential Buyers
Disney has held preliminary talks with potential buyers for its India streaming and television business including billionaire Mukesh Ambani’s Reliance Industries. The company has discussed a range of options with would-be suitors, from selling Disney Star entirely to a piecemeal transaction that may include some combination of its assets includin...
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JioCinema Sees Record 1.47 Billion Digital Views, 50 Million App Downloads on Opening Weekend
JioCinema, Reliance Industries' digital streaming app, saw a record 1.47 billion digital video views on the opening weekend of the Indian Premier League (IPL) cricket tournament. Meanwhile, Viacom18 revealed that the number of video viewers for the IPL weekend eclipsed what was recorded across the entire last season of IPL on digital platforms. Jio...
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Reliance Jio Net Profit Rises to Rs. 4,518 Crore in September Quarter Amid Deployment of 5G Services
India's largest telecom operator Reliance Jio on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs. 4,518 crore, as subscriber additions and ARPU boosted realisations. Its net profit stood at Rs. 3,528 crore in the same period previous fiscal, the telco said in a regulatory filing.
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Elon Musk's SpaceX to Seek Permit for Starlink Satellite Internet Services in India: Report
Elon Musk's SpaceX will be the third company to seek permission to launch the company's Starlink Internet services in India, according to a report. The company will reportedly seek statutory approvals from the government, on order to obtain landing rights and access to the market. Starlink was asked by the government to refund pre-orders of its sat...
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Mukesh Ambani's Group Looking To Take Over Sephora In India
Reliance Retail, run by billionaire Mukesh Ambani's conglomerate Reliance Industries Ltd, is in advanced talks to get rights for beauty retailer Sephora in India.
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JioHotstar Crosses 200 Million Paying Subscribers on IPL Frenzy
JioHotstar has increased its paying subscriber base to over 200 million, driven by multi-language live broadcasts of the hugely popular Indian Premier League cricket matches. To get so many paying subscribers just from India in such a short time was “pretty satisfying,” said Uday Shankar, vice chairman of JioStar.
-
Reliance-Disney Said to Stop Completely Free IPL Cricket Streaming in India
The Reliance-Disney joint venture will no longer offer completely free streaming for IPL cricket matches. The decision to change the terms of streaming the Indian Premier League (IPL) comes after Indian billionaire Mukesh Ambani's Reliance and Walt Disney combined their India media assets in an $8.5 billion (roughly Rs. 73,787 crore) merger last y...
-
Disney-Reliance Joint Venture Said to Stream Live Sports Only on Disney+ Hotstar
The Disney-Reliance business in India, including popular Indian Premier League (IPL) cricket, will only be available on Disney's Hotstar app, three sources familiar with the matter told Reuters.
-
NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
-
Disney-Reliance Pitch Concessions for India Merger, Refuse to Sell Cricket Streaming Rights
Reliance-Disney are aiming to create India's biggest entertainment player which will compete with Sony, Netflix and Amazon with 120 TV channels and two streaming services. Many antitrust experts had said that one way to clear the antitrust hurdle was to sell some cricket rights.
-
CCI Said to Have Flagged Disney-Reliance $8.5 Billion Merger Over Cricket Rights Concerns
India's antitrust body has reached an initial assessment that the $8.5 billion (roughly Rs. 71,199 crore) India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday.
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Reliance, Disney Merger Will Hurt Rivals, Warns Antitrust Body: Report
Antitrust body, the Competition Commission of India, has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, Reuters reported.
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$8.5 Billion Reliance-Disney Merger Faces 100 Antitrust Queries: Report
India's antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media assets merger, including details on sports rights as it heightens its scrutiny of the deal, two sources told Reuters.
-
Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance
Reliance and Disney are said to have asked the Competition Commission of India (CCI) to approve their $8.5 billion media merger by arguing their combined power will not hit advertisers. The deal will result in the creation of India's biggest entertainment player with 120 TV channels and two streaming services, and is expected to face intense scruti...
-
Disney, Reliance Said to Ink Binding Pact to Merge India Media Operations
Walt Disney and Reliance Industries have signed a binding pact to merge their media operations in India, according to people familiar with the matter, as the US entertainment giant recasts its strategy amid intense competition in the world’s most-populous country.
-
Disney Is Considering Selling Its Indian Streaming and TV Business, Reliance Is Among Potential Buyers
Disney has held preliminary talks with potential buyers for its India streaming and television business including billionaire Mukesh Ambani’s Reliance Industries. The company has discussed a range of options with would-be suitors, from selling Disney Star entirely to a piecemeal transaction that may include some combination of its assets includin...
-
JioCinema Sees Record 1.47 Billion Digital Views, 50 Million App Downloads on Opening Weekend
JioCinema, Reliance Industries' digital streaming app, saw a record 1.47 billion digital video views on the opening weekend of the Indian Premier League (IPL) cricket tournament. Meanwhile, Viacom18 revealed that the number of video viewers for the IPL weekend eclipsed what was recorded across the entire last season of IPL on digital platforms. Jio...
-
Reliance Jio Net Profit Rises to Rs. 4,518 Crore in September Quarter Amid Deployment of 5G Services
India's largest telecom operator Reliance Jio on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs. 4,518 crore, as subscriber additions and ARPU boosted realisations. Its net profit stood at Rs. 3,528 crore in the same period previous fiscal, the telco said in a regulatory filing.
-
Elon Musk's SpaceX to Seek Permit for Starlink Satellite Internet Services in India: Report
Elon Musk's SpaceX will be the third company to seek permission to launch the company's Starlink Internet services in India, according to a report. The company will reportedly seek statutory approvals from the government, on order to obtain landing rights and access to the market. Starlink was asked by the government to refund pre-orders of its sat...
-
Mukesh Ambani's Group Looking To Take Over Sephora In India
Reliance Retail, run by billionaire Mukesh Ambani's conglomerate Reliance Industries Ltd, is in advanced talks to get rights for beauty retailer Sephora in India.
