Reliance and its affiliates will own 63.16% of the combined entity, while Walt Disney will own the remaining 36.84%
Entertainment industry
Latest in Entertainment industry
AI technology
What role can AI play in transforming the entertainment industry in the GCC?
The GCC’s entertainment sector thrives on innovative strategies and collaborations, with AI poised to revolutionise guest experiences, operations, and safety
Abu Dhabi
Revealed: Abu Dhabi to host world’s first ‘eSports Island’ – a $280mn global hub for gamers
The eSports Island project, initiated by True Gamers, will feature top-tier gaming tournaments, digital exhibitions, and PUBG-style hotel check-ins
Entertainment industry
Reliance, Disney merge Indian media business to create $8.5 billion giant
Mukesh Ambani’s Reliance will inject $1.4 billion into the new JV and hold 63% stake in the company which will have two of the country’s biggest digital platforms
Emmy awards
Indian comedian-actor Vir Das, director Ekta Kapoor bag this year’s Emmy awards
Das secured the International Emmy for Best Comedy for his Netflix special, ‘Vir Das: Landing,’ sharing the honour with the UK show ‘Derry Girls – Season 3’
Disney + Hotstar
Disney+ Hotstar loses highest ever number of subscribers at 12.5mn in Q3
This is the third consecutive quarter in which the video streaming service has lost subscribers
acquisition
Editing software giant Avid to go private after STG acquires it for $1.4bn
The company behind such massive hits like ‘Top Gun: Maverick’ and ‘Avatar: The Way of Water’ fetches 32% premium at $27.05 per share
Entertainment
Taylor Swift’s tour ticket sale wreaks havoc as prices soar to $28,350
The US pop singer’s ticket sales reached high levels as Ticketmaster’s website crashed due to high demand
Dubai events
Dubai’s events industry perfectly poised to ascend new heights
Expo 2020 showcased that the local events industry doesn’t just put on events for the sake of it, it creates experiences that have an emotional human connection and feeling that the digital realm can never replace
Arab women
The changing representation of gender equality in the Middle East’s media and entertainment industry
Arab women started to gain access to platforms, including social media, where they have greater opportunities to express themselves
Creative economy
Why the music scene in Saudi Arabia is getting louder
In an exclusive interview, Nada Alhelabi, the strategy director at MDLBEAST speaks to Arabian Business about how the music industry in Saudi Arabia is developing, how women are a core component and how the upcoming XP music conference will help shape its future
Entertainment industry
Saudi Arabia chases $64bn Hollywood dream
Red Sea Festival begins in December in the historic coastal city of Jeddah
Entertainment industry
Shake-up at the top of Dubai-based entertainment provider OSN
CEO Patrick Tillieux has departed for ‘personal reasons’ to be replaced on an interim basis by Sangeeta Desai
Entertainment events
It’s time to rebuild and reimagine the MENA entertainment and event industry
The easy thing would be to ignore the lessons painfully learned from the past year-and-a-half and go back to business as normal. But instead we should rebuild and reimagine
coronavirus guidelines
Events industry must ‘follow the rules’ or jeopardise gains for everyone
New Dubai event regulations are a small step towards normality, but logistical hurdles must be overcome to host events safely, says founder of Dan Bolton Creative Management Agency
Entertainment industry
UAE-based online playground QiDZ targets Saudi Arabia for growth
QiDZ CEO says kingdom is attractive market as it is investing heavily in entertainment industry