Disney projects $300 mn equity loss in FY25 from India JV with Reliance

[ad_1] Media and entertainment conglomerate Walt Disney Company has projected an equity loss of approximately $300 million for FY25 from its India joint venture with Reliance Industries Ltd, primarily driven by purchase accounting amortization. The joint venture, formalized on 14 November 2024, combined Disney’s Star-branded general entertainment and sports channels and its Disney+ Hotstar streaming…

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Reliance partners with THIS European major for esports business in India. Details here

[ad_1] Reliance’s wholly-owned subsidiary, Rise, along with BLAST Esports, announced on Wednesday their collaboration to develop the esports sector in India. This strategic alliance will establish a new joint venture that combines BLAST’s expertise in esports media production, strong relationships with publishers, and intellectual properties with Jio’s technology proficiency, extensive distribution, and local connections to…

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OpenAI likely to cut ChatGPT price as it eyes Reliance partnership to boost AI presence in India

[ad_1] OpenAI and Meta are in discussions for a potential partnership with Reliance Industries over a potential partnership, according to a report by The Information. Reportedly, OpenAI is discussing the possibility of Reliance Jio distributing ChatGPT in India. Moreover, the Sam Altman led company is also said to be discussing to cut the subscription price…

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Reliance Jio unveils ₹949 prepaid plan with 3-month JioHotstar subscription: Validity, data, SMS and other details

[ad_1] Reliance Jio has unveiled a new prepaid plan designed for entertainment enthusiasts, bundling telecom services with a three-month complimentary JioHotstar subscription. Priced at ₹949, the plan offers users a seamless streaming experience alongside essential mobile services, making it an attractive option for those who enjoy films, web series, and live sports. Comprehensive Benefits of…

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Telecom minister Scindia launches new initiatives for consumers; 1100 Mhz spectrum to be refarmed

[ad_1] Telecom minister Jyotiraditya Scindia launched three initiatives including the National Broadband Mission 2.0 and the Sanchar Saathi mobile app, aimed at improving connectivity and consumer convenience. The Sanchar Saathi app will allow users to report suspected calls and SMS directly from phone logs. Users will also be able to identify and manage all mobile…

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