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Filmmaker and Hollywood legend George Lucas is throwing his support behind Walt Disney CEO Bob Iger in the bitter proxy battle between the company and activist investor Nelson Peltz.
Activist investor Blackwells said Monday that Disney's board had not disclosed that shareholder ValueAct Capital had a financial relationship with the entertainment company, putting the firm's endorsement of Disney's board under scrutiny.
Walt Disney and Indian conglomerate Reliance's media merger will give back highly valuable cricket streaming rights to the U.S. firm in a country absolutely obsessed about the sport.
India’s entertainment market is already one of the world’s biggest, with the merger expected to further shake up the multibillion-dollar industry.
BENGALURU -- The Walt Disney Co. will merge its India unit with Mukesh Ambani's conglomerate Reliance Industries, as the Indian billionaire seeks to dominate the entertainment industry in the world's most populous nation.
Walt Disney and Indian conglomerate Reliance will merge their Indian businesses, the U.S. entertainment giant announced Wednesday.
The Walt Disney Company had an India-sized twinkle in its eye as early as 1993, when it first came to the country of now 1.4 billion potential media consumers. It started small and found a distributor to broadcast some of its content over airwaves that were just opening to global capitalism.
Bridgit Mendler's path from Disney Channel star to space startup CEO started with — quite literally — an accident.