The Walt Disney Company (DIS) and Reliance Industries (RELIANCE.NS) are teaming up for a joint venture. As part of the deal, Disney’s India operations will be merged with Reliance’s Viacom18. The deal is valued at $8.5 billion.
Yahoo Finance’s Seana Smith and Brad Smith break down the deal.
#youtube #DISNEY #MEDIA
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more good news for Disney. Only scaling up solves the India question.
Awesome , now promote Sanatana Dharmic stories, Jataka Tales , Panchatantra tales in Disney globally…
In my opinion this is not a good news for India. Most people in India don’t realize Disney supports the most liberal policies and LGBTQ agenda. Read the news from USA why Disney was going down the tube financially. Really a dangerous future for Indian young kids. Very sad that reliance did not do their homework while bringing such thing in India. Even Americans have rejected Disney.
I think Disney is in for a rude awakening in India. They are more conservative than you can imagine. Disney’s latest DEI agenda will struggle in India. India loves and craves classic American values and entertainment. This will not work out well. When will Disney understand that historically foreign countries flocked to Disney theme parks and entertainment because it WAS classic America. It was an escape from their countries. Peace!