Uday Shankar Latest Celebrity News & Gossip

Paramount Global Sells 13% Stake in India’s Viacom18 to Reliance for $517 Million - variety.com - India
variety.com
14.03.2024

Paramount Global Sells 13% Stake in India’s Viacom18 to Reliance for $517 Million

Todd Spangler NY Digital Editor Paramount Global has sold its 13% ownership stake in TV and streaming company Viacom18 to Reliance Industries for $517 million. Reliance was already the majority owner of Viacom18. The pact comes two weeks after Disney and Reliance Industries announced a blockbuster $8.5 billion deal merging their massive Indian TV and streaming businesses.

Disney, Reliance Seal $8.5 Billion Deal to Merge Indian Media Businesses - variety.com - India
variety.com
28.02.2024

Disney, Reliance Seal $8.5 Billion Deal to Merge Indian Media Businesses

Walt Disney Company and billionaire Mukesh Ambani’s Reliance Industries have merged their massive Indian TV and streaming businesses, ending months of speculation. As per the agreement, Reliance’s Viacom18 is merging with Disney’s Star India. The deal is estimated to be worth $8.5 billion on a ‘post-money basis,’ the companies said.

Disney India-Reliance Industries Merger Nears Binding Agreement - deadline.com - India
deadline.com
28.02.2024

Disney India-Reliance Industries Merger Nears Binding Agreement

Reliance Industries and Disney India are set to sign a binding agreement to merge their assets, according to local reports.

JioCinema Investor Uday Shankar Hails India’s Next Video Revolution: ‘Now Is the Time to Create an Alternative to Television’ - variety.com - India - Indonesia
variety.com
29.09.2023

JioCinema Investor Uday Shankar Hails India’s Next Video Revolution: ‘Now Is the Time to Create an Alternative to Television’

Patrick Frater Asia Bureau Chief Uday Shankar, the former head of Disney in India, says that “limitless” changes to the Indian media landscape may soon leave behind conventional ideas of television and video. The great disruptor is JioCinema, part of Mukesh Ambani’s Reliance Industries conglomerate, and in which Shankar is a major investor. JioCinema, which operates streaming services, and is allied with Viacom18, sits alongside the cluster of Jio companies that have, in just a matter of years, exploded the cellular telephony business in India and are doing the same with broadband internet access and video.

“The Time Is Right To Create An Alternative To Television”: Uday Shankar On India’s Digital Revolution – APOS - deadline.com - India - Indonesia
deadline.com
27.09.2023

“The Time Is Right To Create An Alternative To Television”: Uday Shankar On India’s Digital Revolution – APOS

Bodhi Tree Systems co-founder and former Disney APAC chief Uday Shankar outlined how his new venture – along with Reliance’s JioCinema – are building an alternative to legacy media in one of the world’s fastest-growing markets, on the first day of Media Partners Asia’s APOS conference in Bali, Indonesia. 

Amazon’s Kelly Day, Canal+ Group’s Manuel Rougeron, Bodhi Tree’s Uday Shankar Among APOS 2023 Speakers - deadline.com - India - Japan - Indonesia - Malaysia - county Summit - Philippines
deadline.com
17.08.2023

Amazon’s Kelly Day, Canal+ Group’s Manuel Rougeron, Bodhi Tree’s Uday Shankar Among APOS 2023 Speakers

Media Partners Asia has announced the full line-up of speakers for its APOS Summit in Bali, which includes Canal+ Group’s Asia Pacific chief Manuel Rougeron, Bodhi Tree Systems director Uday Shankar and Amazon Prime Video head of international Kelly Day. 

Comcast Invests In James Murdoch’s Bodhi Tree Systems As Viacom18 Merger Completes - deadline.com - India
deadline.com
14.04.2023

Comcast Invests In James Murdoch’s Bodhi Tree Systems As Viacom18 Merger Completes

NBCU and Sky owner Comcast has invested in James Murdoch’s Bodhi Tree Systems, which in turn is becoming a key player in a new-look Viacom18.

Comcast Invests $200 Million in James Murdoch Venture for Foothold in Indian Media - variety.com - India - Qatar
variety.com
14.04.2023

Comcast Invests $200 Million in James Murdoch Venture for Foothold in Indian Media

Patrick Frater Asia Bureau Chief Comcast, the conglomerate behind NBCUniversal and the Sky European TV giant, is to invest $200 million in Bodhi Tree Systems, a company headed by James Murdoch and Uday Shankar, a former head of Disney in India. The move was approved by the Competition Commission of India on Wednesday. The funds will be directed to buying a small minority stake in Indian media group Viacom18. The move is part of a complicated series of transactions that bind Viacom18 ever closer to Reliance Industries, the petroleum to telecoms conglomerate controlled by Mukesh Ambani which is now upending Indian media with its Jio cellular, broadband internet and streaming companies.

India Media Landscape Redrawn as Viacom18, Disney Carve up $6.2 Billion IPL Cricket Rights - variety.com - Australia - India - South Africa
variety.com
14.06.2022

India Media Landscape Redrawn as Viacom18, Disney Carve up $6.2 Billion IPL Cricket Rights

Viacom18, a TV and streaming group backed by billionaire industrialist Mukesh Ambani, has paid $3 billion to win an online auction for two packages of digital rights to Indian Premier League (IPL) cricket. It now has the leverage to change the Indian broadcasting landscape and to the tip the balance even further in favor of streaming.Variety understands that Viacom18 has agreed to pay $2.63 billion for a five year package of regional digital rights.

Paramount+ Sets U.K., Korea, Europe, India Launch Dates - variety.com - Australia - France - Italy - Ireland - Canada - South Korea - India - Austria - Germany - Switzerland - Israel
variety.com
03.05.2022

Paramount+ Sets U.K., Korea, Europe, India Launch Dates

Naman Ramachandran Paramount Global’s streamer Paramount+ will launch in the U.K. and Ireland on June 22, with other international territories to follow.

James Murdoch’s Bodhi Tree, Reliance and Viacom18 Strike $2 Billion Deal to Create Giant TV and Streaming Company - variety.com - India
variety.com
27.04.2022

James Murdoch’s Bodhi Tree, Reliance and Viacom18 Strike $2 Billion Deal to Create Giant TV and Streaming Company

Naman Ramachandran India’s Reliance and Viacom18 have entered a strategic partnership with Bodhi Tree Systems, a platform of James Murdoch’s Lupa Systems and former Disney president Uday Shankar, to form a giant TV and digital streaming company in India.Bodhi Tree is fundraising with a consortium of investors to invest $1.78 billion in Viacom18, to “jointly build India’s leading entertainment platform and pioneer the Indian media landscape’s transformation to a ‘streaming-first’ approach,” the companies said in a statement. Viacom 18 is a joint venture of Network 18, the media group controlled by billionaire Mukesh Ambani, and U.S.

James Murdoch And Former Star India Chief Uday Shankar Form New Investment Venture Bodhi Tree, With Up To $1.5B In Backing From Qatar - deadline.com - India - Iran - Qatar
deadline.com
09.02.2022

James Murdoch And Former Star India Chief Uday Shankar Form New Investment Venture Bodhi Tree, With Up To $1.5B In Backing From Qatar

James Murdoch and Uday Shankar, formerly CEO of Star India and president of Walt Disney Asia Pacific, have formed Bodhi Tree, a new outfit backed by the Qatar Investment Authority.

James Murdoch & Ex-Disney Chief Uday Shankar Bid To Raise $345M Through SPAC - deadline.com
deadline.com
12.05.2021

James Murdoch & Ex-Disney Chief Uday Shankar Bid To Raise $345M Through SPAC

James Murdoch is joining the special purpose acquisition company (SPAC) rush in America, seeking to raise $345 million for his new media and tech venture with Uday Shankar, the former president of The Walt Disney Company Asia Pacific and chairman, Star & Disney India.

What Are James Murdoch and Uday Shankar Planning for Their Media Venture? - www.hollywoodreporter.com - India
hollywoodreporter.com
21.01.2021

What Are James Murdoch and Uday Shankar Planning for Their Media Venture?

After mid-2000s success building the Star TV empire into one of India’s top broadcasters and the dominant local streaming service, James Murdoch and Uday Shankar are back with a new project. Murdoch and Shankar, Disney’s former president in Asia Pacific, unveiled an ambitious new partnership Jan.

James Murdoch Teams With Ex-Disney Asia Pacific Chief Uday Shankar To Launch Indian Media & Tech Venture - deadline.com - India
deadline.com
14.01.2021

James Murdoch Teams With Ex-Disney Asia Pacific Chief Uday Shankar To Launch Indian Media & Tech Venture

Six months after quitting the News Corp. board, James Murdoch is embarking on a new media and tech venture in India alongside Uday Shankar, the former president of The Walt Disney Company Asia Pacific and chairman, Star & Disney India.

Disney Promotes Luke Kang to Head of Asia-Pacific, Excluding India - www.hollywoodreporter.com - India
hollywoodreporter.com
17.12.2020

Disney Promotes Luke Kang to Head of Asia-Pacific, Excluding India

The Walt Disney Co. said Thursday that studio veteran Luke Kang has been promoted to the role of president of Asia-Pacific (APAC).

Disney Sets Luke Kang as Head of Asia-Pacific, Excluding India - variety.com - India - county Patrick
variety.com
17.12.2020

Disney Sets Luke Kang as Head of Asia-Pacific, Excluding India

Patrick Frater Asia Bureau ChiefDisney veteran Luke Kang has been appointed president of the Walt Disney Company in much of Asia-Pacific. A separate India head is likely to be announced in the new year.The new positions follow the departure of Uday Shankar, president of Disney Asia-Pacific and chairman of Star and Disney India, which was announced in October and becomes effective from Dec.

Disney APAC Chief Quits; ‘Twenties’ Heads To BBC Three; BBC Studios Hires 4 Comedy Execs; MTV Shorts; Latest Diana Doc — Global Briefs - deadline.com - India
deadline.com
08.10.2020

Disney APAC Chief Quits; ‘Twenties’ Heads To BBC Three; BBC Studios Hires 4 Comedy Execs; MTV Shorts; Latest Diana Doc — Global Briefs

Jake Kanter International TV EditorDisney APAC Boss Uday Shankar Quits Uday Shankar, president of The Walt Disney Company Asia Pacific and chairman, Star & Disney India, is to step down at the end of 2020 after less than two years in the role. Shankar said he intends to pursue new entrepreneurial opportunities to “give back to the country.” Before stepping down, he will work with Rebecca Campbell, chair of Disney’s direct-to-consumer and international segment, to identify a successor.

India’s Disney Plus Hotstar Taps Google’s Sunil Rayan as President - variety.com - California - India
variety.com
20.06.2020

India’s Disney Plus Hotstar Taps Google’s Sunil Rayan as President

Naman Ramachandran Indian streamer Disney Plus Hotstar has appointed Sunil Rayan as president and head. He will report into Uday Shankar, president, The Walt Disney Company Asia Pacific, and chairman Star and Disney India.Rayan is a technologist with more than 20 years of experience.

Disney+ India Launch Postponed Amid Coronavirus Pandemic - www.hollywoodreporter.com - India
hollywoodreporter.com
20.03.2020

Disney+ India Launch Postponed Amid Coronavirus Pandemic

The Walt Disney Co. has postponed the launch of its streaming service Disney+ in India amid the coronavirus pandemic.

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