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Mukesh Ambani's JioCinema Shakes Up Streaming, Takes Disney Head On: Report
Monday, July 3, 2023 - 2:22am | 432In a strategic move, India’s wealthiest individual, Mukesh Ambani, has swiftly transformed his streaming platform, JioCinema, from a minor provider to a significant competitor to Walt Disney Co. (NYSE:DIS), “Financial Times” reports. Competitive Strategy JioCinema attracted over...
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How Many Subscribers Disney Could Lose Due To Setback In India
Wednesday, June 15, 2022 - 7:01am | 389In the e-auction for the multi-year rights to the Indian Premier League cricket tournament, a joint venture between Paramount Global (NASDAQ: PARA) and Mukesh Ambani's Reliance Industries won the streaming rights, outbidding incumbent holder Walt Disney Company (NYSE: DIS). The loss of...
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Disney CEO Says Winning Auction For India's Top Cricket League Crucial But Its Business In The Country Won't 'Evaporate' Even With A Loss
Thursday, February 10, 2022 - 1:37am | 537Losing cricket streaming rights in India wouldn't tarnish Disney Corporation’s (NYSE: DIS) guidance of 230 million to 260 million total paid Disney+ subscribers by end of FY 2024. What Happened: The assessment was delivered by Disney CEO Bob Chapek at the company’s first-...