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A brand new class of competitors is disrupting legacy media on the earth’s most-populous nation, resulting in a second change within the possession of a well-liked franchise in 4 years. Rupert Murdoch was the primary to see the risk. Now it’s Bob Iger’s flip.
The Walt Disney Co. boss is nearing a multi-billion-dollar deal to promote his Indian operations, Bloomberg News reported this week. In 2019, Iger was the client, and Murdoch the vendor. The Star India enterprise got here to Disney as a part of a $71 billion international acquisition of twenty first Century Fox Inc.’s leisure property. Even that transaction had rather a lot to do with India.
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