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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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Anti-Trust Body Clears Reliance, Walt Disney Mega-Deal Merger
The Competition Commission of India on Wednesday approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire worth over Rs 70,000 crore.
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Disney Begins Laying Off 7,000 Employees To "Streamline" Business
Walt Disney Co on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more "streamlined" business, according to a letter Chief Executive Bob Iger sent to employees and seen by Reuters.
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Amazon Working on Standalone App for Sports Content: Report
Amazon.com is working on a standalone app for watching sports content, the Information reported on Wednesday, citing a source with direct knowledge of the plan. The move will likely complement Amazon's effort to double down on sports programming through its Prime Video service, a key channel to attract consumers to its shopping platform.
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'Avatar' Sequel Earns $17 Million In US On First Night Screenings
"Avatar: The Way of Water" pulled in $17 million at U.S. and Canadian box offices from its first showings on Thursday night, distributor Walt Disney Co said.
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Disney Tops Netflix On Streaming Subscribers, Sets Higher Prices
Walt Disney Co edged past Netflix Inc with a total of 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.
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Walmart, Disney Halt Donations To US Lawmakers Who Opposed Biden Win
Walmart Inc, the world's biggest retailer and Walt Disney Co joined other major companies in indefinitely suspending donations to U.S. lawmakers who voted against President-elect Joe Biden's election certification.
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Disneyland To Become Mass Vaccination Site In Orange County, California
Walt Disney Co's Disneyland, which has remained closed since March, will become the first large site to provide COVID-19 vaccinations in Orange County, California, government officials announced late on Monday.
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Disney Increases Planned Layoffs To 32,000 As Coronavirus Hits Theme Parks
Walt Disney Co said on Wednesday it would lay off about 32,000 workers, primarily at its theme parks, an increase from the 28,000 it announced in September, as the company struggles with limited customers due to the coronavirus pandemic.
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Disney Closes Theme Parks In California, Florida Over Coronavirus
Walt Disney Co will close its theme parks in California and Florida and its resort in Paris from this weekend through the end of the month due to the global outbreak of coronavirus, the company said on Thursday.
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Avengers: Endgame Breaks Box-Office Records With $1.2 Billion-Opening
Fans around the globe packed movie theaters for the debut of "Avengers: Endgame" over the weekend, pushing total ticket sales for the Walt Disney Co superhero spectacle to a stunning $1.2 billion and crushing records in dozens of countries.
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From IPL To Bollywood, The India Edge For Disney In $ 52 Billion Fox Deal
Walt Disney Co's deal with Twenty-First Century Fox Inc gives the world's best-known entertainment company new advantages in India, such as cricket rights and local-language TV shows for the fast-growing media market.
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Disney Will Buy Parts Of 21st Century Fox For Over $ 52 Billion
21st Century Fox's television stations and Fox News channel will be spun off before the sale
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Disney's Movies Anywhere Service Signs Fox, Sony, Universal, and Warner
The Movies Anywhere service was developed by Walt Disney Co to provide a single app and website to users to access movies they've purchased.
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Twitter Shares Slump On Report That Bids Are Unlikely
Salesforce.com Inc, Alphabet Inc's Google and Walt Disney Co, which had worked with banks on a potential acquisition, are unlikely to proceed, Bloomberg reported on Saturday, citing people familiar with the matter.
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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.
-
Anti-Trust Body Clears Reliance, Walt Disney Mega-Deal Merger
The Competition Commission of India on Wednesday approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire worth over Rs 70,000 crore.
-
Disney Begins Laying Off 7,000 Employees To "Streamline" Business
Walt Disney Co on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more "streamlined" business, according to a letter Chief Executive Bob Iger sent to employees and seen by Reuters.
-
Amazon Working on Standalone App for Sports Content: Report
Amazon.com is working on a standalone app for watching sports content, the Information reported on Wednesday, citing a source with direct knowledge of the plan. The move will likely complement Amazon's effort to double down on sports programming through its Prime Video service, a key channel to attract consumers to its shopping platform.
-
'Avatar' Sequel Earns $17 Million In US On First Night Screenings
"Avatar: The Way of Water" pulled in $17 million at U.S. and Canadian box offices from its first showings on Thursday night, distributor Walt Disney Co said.
-
Disney Tops Netflix On Streaming Subscribers, Sets Higher Prices
Walt Disney Co edged past Netflix Inc with a total of 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.
-
Walmart, Disney Halt Donations To US Lawmakers Who Opposed Biden Win
Walmart Inc, the world's biggest retailer and Walt Disney Co joined other major companies in indefinitely suspending donations to U.S. lawmakers who voted against President-elect Joe Biden's election certification.
-
Disneyland To Become Mass Vaccination Site In Orange County, California
Walt Disney Co's Disneyland, which has remained closed since March, will become the first large site to provide COVID-19 vaccinations in Orange County, California, government officials announced late on Monday.
-
Disney Increases Planned Layoffs To 32,000 As Coronavirus Hits Theme Parks
Walt Disney Co said on Wednesday it would lay off about 32,000 workers, primarily at its theme parks, an increase from the 28,000 it announced in September, as the company struggles with limited customers due to the coronavirus pandemic.
-
Disney Closes Theme Parks In California, Florida Over Coronavirus
Walt Disney Co will close its theme parks in California and Florida and its resort in Paris from this weekend through the end of the month due to the global outbreak of coronavirus, the company said on Thursday.
-
Avengers: Endgame Breaks Box-Office Records With $1.2 Billion-Opening
Fans around the globe packed movie theaters for the debut of "Avengers: Endgame" over the weekend, pushing total ticket sales for the Walt Disney Co superhero spectacle to a stunning $1.2 billion and crushing records in dozens of countries.
-
From IPL To Bollywood, The India Edge For Disney In $ 52 Billion Fox Deal
Walt Disney Co's deal with Twenty-First Century Fox Inc gives the world's best-known entertainment company new advantages in India, such as cricket rights and local-language TV shows for the fast-growing media market.
-
Disney Will Buy Parts Of 21st Century Fox For Over $ 52 Billion
21st Century Fox's television stations and Fox News channel will be spun off before the sale
-
Disney's Movies Anywhere Service Signs Fox, Sony, Universal, and Warner
The Movies Anywhere service was developed by Walt Disney Co to provide a single app and website to users to access movies they've purchased.
-
Twitter Shares Slump On Report That Bids Are Unlikely
Salesforce.com Inc, Alphabet Inc's Google and Walt Disney Co, which had worked with banks on a potential acquisition, are unlikely to proceed, Bloomberg reported on Saturday, citing people familiar with the matter.
