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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Star India has witnessed a clash of cultures for a while and it now seems as if Disney may finally be having its way.
Editor's note: A lot changed at Star India last week. Uday Shankar, the man at the helm of one of India’s largest media and entertainment companies, called it quits after being in charge for over a decade. Uday Shankar, president of Walt Disney Company APAC and chairman, Star & Disney India, has decided to step down to pursue entrepreneurial endeavors, the company informed. The resignations will be effective as of December 31, 2020, announced Rebecca Campbell, chairman of Disney’s Direct-to-Consumer & International segment. However, he will remain with Disney’s direct-to-consumer and international segment through the end of 2020 to help find his replacement and ensure a smooth transition. From Uday Shankar steps down as president of Walt Disney Company India • Business Standard The announcement came like any other, but left people, in and around Star and Disney India, wondering about the company’s future. The timing of Shankar’s exit is rather interesting for a number of reasons. First, the development comes at a time when a bigger cultural shift is underway at Star after the change in ownership in 2018, when The …
A shrinking linear TV business, $2 billion in annual payments for cricket rights and money-guzzling streaming platforms threaten to dampen the post-merger euphoria.
Mukesh Ambani and Bob Iger have decided to bring together Reliance and Disney and create an unparalleled Indian media behemoth. The man at the center of it all is the former Disney India chief.
Once India’s most profitable entertainment company, Zee’s a shadow of its former self and may be easy pickings for its one-time suitor Reliance.
