Mukesh Ambani’s Reliance Jio is set to acquire more than 50% of the stake in Disney Star. As per reports, Jio will acquire 54% of the shares in Disney Star, making it the biggest stakeholder in the company.
According to the sources, this move will likely merge the digital platforms Jio Cinema and Disney+ Hotstar. Reliance and Walt Disney Co. signed a non-binding agreement in December last year, paving the path for this huge merger between the two companies.
Merging Jio Cinema and Hostar into one entity makes it a huge OTT platform in India, dominating the likes of international biggies Netflix and Prime Video.
In Bollywood, many actors develop signature styles that fans gradually begin to recognise. These can…
An international worker on H-1B is facing a serious employment challenge after their previous employer…
