Mukesh Ambani: Mukesh Ambani's eyes on Disney India.. If the deal is done, he will go somewhere | Telugu News


Mukesh Ambani: Mukesh Ambani's eyes on Disney India.. If the deal is done, he will go somewhere

Mukesh Ambani – Disney India : Investments in Viacom, News 18, Jio Cinema, some regional channels. Star and Zee groups are still the big players in this media sector. Thousands of crores of rupees will be stolen in the media sector. In this, if you click once, enough money will come by itself. That is why Mukesh Ambani focused on this. A huge sketch was made to become a big player in this.

Recently, everyone thought that the merger of Zee and Sony would be a big deal in the country's media sector. Don't know what happened but it stopped midway. But exceptionally Reliance Industries Limited and Walt Disney India have decided to merge their media businesses. Experts say that this is a huge merger in the country's media sector. It seems that a clear agreement has been reached between Reliance Industries and Walt Disney India regarding the merger. However, the two companies have not made an official announcement about this merger. According to the details given by business sources, it seems that Disney is ready to sell 60 percent share of its Indian business to Viacom-18, which belongs to Reliance Group, at the beginning of this month. According to the Wall Street Journal article, Disney has calculated the value of the company at 33,000 crores. If the merger is completed, Reliance Industries will get 61% share and Disney will get 39% share. Market experts expect a clear understanding of the stakes between the two companies after the total calculation of the value of Disney's assets in the country is completed.

Walt Disney is facing many difficulties in OTT streaming business in India. With streaming apps like Amazon Prime, subscribers are going down the drain. Disney's idea is to strengthen its position in the streaming business by teaming up with Reliance, which is currently strong in the domestic media business. That is why it seems that steps have been taken towards this merger. If the merger goes through, Reliance hopes to gain an upper hand over Amazon. Although the Jio Cinema app is recording better results, the subscribers are not growing as much as expected due to non-streaming of regional Movies. Disney has a good hold in the northern market.. Most of the Hindi Movies are streaming in this app. If we get a share in this, Jio Cinema will be strengthened even more. On the other hand, market experts predict that Mukesh Ambani will go somewhere in the media business if this deal is concluded.

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