Yes, Disney Star and Reliance Entertainment’s merger is no news. It is common news and you are also aware of that. But, how can such a big thing happen without any chaos? So, it is unleashing at Disney Star, where more and more people are simply leaving the company and leaving from high positions.
In the deal, Reliance will hold the majority stake, meaning their leadership team will steer the new company.
Among those who have already exited are K Madhavan, the Country Manager and President of Disney Star, and Sajith Sivanandan, the head of Disney+ Hotstar. Both were key players at Disney Star, so their departure means that a lot is going to change in the way things work at Disney Star. Additionally, Gurjeev Kapoor, Head of Distribution and International Markets at Disney Star is also expected to leave. Reports suggest he plans to pursue entrepreneurial ventures in the entertainment space, adding to the talent reshuffle.
So, this venture will amount to $8.5 Billion and it will become the most powerful force in the field of the entertainment industry if sheer magnanimity is concerned. But, it all depends on the content as nobody would care about that $8.5 Billion. Let’s see how those things are managed after the merger.