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Star India net profit down 31 per cent in FY23

While the company s operating revenue from TV and digital businesses increased by 6% to ₹19,857 crore, its total income increased by 9% to ₹20,699 crore, making it the largest traditional media and entertainment (M&E) company in the country by revenue. The American media conglomerate is currently in talks with Reliance Industries (RIL) to sell its India business.

Reliance-Disney deal: Reliance-Disney deal likely to face a valuation hurdle

Reliance Industries (RIL) and The Walt Disney Company are facing difficulties in reaching a deal for Disney s India operations due to a significant difference in their valuations. While RIL values Disney Star at $3-4 billion, Disney is seeking a valuation of $10 billion. The factors against Disney Star include a decline in the paid subscriber base of Disney+ Hotstar.

Is it time to pitch JioCinema vs YouTube?: Best Media Info

Is it time to pitch JioCinema vs YouTube?: Best Media Info
bestmediainfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bestmediainfo.com Daily Mail and Mail on Sunday newspapers.

Blackstone Eyes Leading Role in Disney India Reel

Blackstone, the worlds largest private equity firm, has initiated discussions with the Walt Disney Co to evaluate buying the media giants India streaming and television business, said people aware of the matter.

Blackstone eyes leading role in Disney India reel

Private equity firm Blackstone is reportedly in talks with Walt Disney to discuss the potential acquisition of Disney s streaming and television business in India. The discussions may involve the purchase of specific assets, such as sports properties and media rights, as well as the Disney+ Hotstar streaming service. Former Disney executives Kevin Mayer and Tom Staggs, who now work as advisers to CEO Bob Iger, are believed to have played a key role in initiating the discussions. The talks are still at an early stage and there is no guarantee of a deal.

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