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.

Featured articles

Lighter than air, yet very, very powerful

By Kiron Kasbekar | 03 Jan 2024

In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!

COP28 explained: A closer look at COP28's climate change solutions

By Aniket Gupta | 27 Dec 2023

The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.

What is a Ponzi scheme?

By Aniket Gupta | 06 Dec 2023

Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.

The Rise and Rise of HDFC Bank

03 Jul 2023

HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp

India’s Millet Revolution To Enrich Global Food Basket

02 Apr 2023

Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent 

Market predator Hindenburg preys on Adani stock

06 Mar 2023

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