Tag Archives: Disney

In an unexpected turn of events amid the rumored merger between Reliance's JioCinema and Disney's Hotstar, a Delhi-based developer has acquired the domain name "JioHotstar." This acquisition comes as speculation mounts about the impending consolidation of the two media giants, which is reportedly nearing completion following necessary regulatory approvals.

The Competition Commission of India (CCI) has raised significant concerns about the proposed $8.5 billion merger between Reliance Industries and Walt Disney’s media assets, according to a Reuters report. The CCI's initial assessment suggests that the merger could adversely affect competition, particularly due to the combined entity’s dominance over cricket broadcast rights.

Disney is exploring discussions with potential buyers, including Adani and Sun TV, to sell its India streaming and television business, including assets such as sports rights and Disney Hotstar. The move comes amid changing market dynamics after Reliance Industries secured streaming rights to the Indian Premier League cricket tournament and chose to broadcast it for free.