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Reliance, Viacom18, and Disney are collaborating to create a single entity. They're merging Viacom18 and Star India. This joint venture will bring together the resources, content, and expertise of both companies to form a unified and stronger media and entertainment platform in India. Reliance will mostly control the venture (16.34%), while Viacom18 (46.82%) and Disney (36.84%) also have shares. Nita Ambani will be the leader (chairperson), and Uday Shankar will help guide (vice-chairperson) the venture. They're merging popular channels like Colors, StarPlus, and Star Sports. They aim to drive India's digital media evolution by offering quality content anytime, anywhere. Access to Disney's extensive library means more entertainment choices for Indian and global audiences. #reliance #disney #business #mergersandacquisitions #media

Disney and Viacom18 unite : A groundbreaking partnership set to revolutionize the Indian entertainment landscape — where global meets local, magic happens! According to recent reports, Disney is set to sell 60% of its India unit to Viacom18. This strategic move opens up new opportunities for both companies to expand their footprint in the Indian market. With Viacom18's deep understanding of the local audience and Disney's globally recognized content, this partnership is bound to offer a unique and engaging entertainment experience. Stay tuned for more updates on this exciting collaboration! - Disney to sell 60% stake in its India unit to Viacom18 - Opportunity for both companies to tap into the Indian market - Viacom18’s local expertise combined with Disney’s global content can lead to a captivating entertainment experience What are your thoughts on this strategic partnership? Share your opinions in the comments below! #linkedin #partnership #OTT #EntertainmentIndustry #StrategicPartnership #IndianMarket #Disney #Viacom18 #LocalExpertise #GlobalContent #ExcitingCollaboration #ReachifyMe

📣 Netflix and Atout France join forces To Highlight France’s cultural and tourist appeal Netflix regularly puts France in the spotlight with its French and international productions shot in France. A new study conducted by the Basis Research Institute, reveals that the broadcast of these films and series reinforces France's cultural and touristic appeal. Given these elements, Netflix and Atout France have signed a letter of commitment to promote France. To mark the occasion, they are unveiling an advertising campaign entitled "On n'a pas fini d'imaginer la France" ("There’s Always more to Imagine about France"), as well as a brand-new collection of tourist guides to discover France in a new light, in the footsteps of Netflix heroes Emily, Lupin... and many others! 💻 🥐 Voyage en France - Netflix : netflix-en-france.fr #explorefrance #makeiticonic

What's New to TheStreet... 🎢 Disney Unveils Massive Theme-Park Expansions 🎢 Disney is investing billions in new rides and attractions, giving die-hard fans exactly what they've been waiting for! 🏰✨ Which new experience are you most excited about? Share below!👇🏻 👉🏻Follow New To The Street for more! #disney #disneymagic #disneyfans #themeparks #businessupdate #businessnews #business #news #newtothestreet

Exciting news from the entertainment industry! According to recent reports, Disney is planning to sell 60% of its India unit to Viacom18. This strategic move highlights the growing importance of the Indian market and the potential for collaboration between these two media giants. Here are some key insights to consider: - Disney's decision to partner with Viacom18 showcases their focus on expanding their presence in India's thriving entertainment industry. - By joining forces, both companies can leverage their expertise and resources to create compelling content and capture the attention of the Indian audience. - This collaboration opens up new opportunities for innovative content creation, cross-promotions, and synergies between Disney's vast library and Viacom18's extensive network. This development is a testament to the ever-evolving nature of the media landscape. As professionals in the entertainment industry, it's crucial for us to stay updated and adapt to emerging trends. Exciting times lie ahead, and we should be prepared to embrace new possibilities and explore untapped potential. What are your thoughts on this strategic partnership? #Disney #Viacom18 #India #entertainmentindustry #partnership #media #collaboration #contentcreation #emergingtrends

Towards a new normal? Cinema attendance in Europe keeps growing, up by 18% in 2023, although pre-pandemic highs remain far. Biggest markets (admissions 2023): 🇫🇷 France 180.8 m 🇬🇧 United Kingdom 123.6 m 🇩🇪 Germany 95.7 m 🇪🇸 Spain 76.2 m 🇮🇹 Italy 75.9 m Highest year-on-year growth: 🇺🇦 Ukraine +60.1% 🇮🇹 Italy +59.3% 🇦🇱 Albania +42.0% 🇬🇷 Greece +34.8% 🇲🇪 Montenegro +31.0% Read the full EAO press release on 2023 preliminary European cinema data (with country-specific figures) here: https://lnkd.in/eBFV6r9u

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In Q4, Walt Disney Co.'s global theme park revenue rose, but Disney World faced challenges, reporting "lower results" attributed to reduced guest spending, lower room rates, and the closure of Star Wars: Galactic Starcruiser. The third-quarter woes persisted with flattened attendance and softening in Florida tourism markets. Despite Disneyland's growth, Disney CEO Robert Iger acknowledged the tough comparison at Disney World. Interim CFO Kevin Lansberry cited a lingering impact from the 50th-anniversary celebration. Iger's $60B plan to boost theme park growth was emphasized, but the overall Q4 revenue increase of 5% to $21.2B was overshadowed by challenges 📉 #WaltDisneyWorld #MagicKingdom #DisneyMagic #DisneyParks #HappiestPlaceOnEarth #DisneyFan #MagicalMemories