The comeback of Uday Shankar to big(ger) media

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.

At 61, Uday Shankar is going to head a media organization unlike any other in the world.

This week, the much-anticipated media merger between two behemoths, Reliance Industries and The Walt Disney Company, was finally announced. The two firms will now form a joint venture of their Indian media businesses—Viacom18 and Star India—and create an entity currently valued at about $8.5 billion.

In many ways, Reliance Industries chairman Mukesh Ambani and Disney CEO Bob Iger have signed off on a deal that will shape (or rather is) the future of India’s overall media and entertainment sector. Between their two businesses, …

Author

Harveen Ahluwalia

Harveen is a co-founder at The Morning Context, and leads our Internet coverage, overseeing a team of reporters writing on startups and tech. She has previously worked as a media, consumer and tech reporter at The Ken and Mint. At The Morning Context, she writes on startups, venture capital, consumer and media businesses—from e-commerce to healthtech to streaming.

Editor, Internet

harveen@mailtmc.com

Mumbai