Ashok Varma
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In merger entity, Disney steps down as minority share holder (36.84%) with ICC cricket and linear tv content expecting huge losses to hotstar in future and Viacom18 holds majority stake (46.84%) with IPL/BCCI cricket and Hollywood studios content as digital content have more value than linear tv content.He keeps saying that we are in minority but in reality he himself is in minority.
Hotstar, JioCinema beat parents' TV operations in valuations game
Disney+ Hotstar and JioCinema were valued higher than their parent companies' linear TV businesses. Reliance Industries and Disney signed a deal to merge Star India and Viacom18, creating an entity valued at ₹70,352 crore. The valuations by EY and BDO reflect the greater worth of digital...
economictimes.indiatimes.com
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