[3] The Walt Disney Company (India) Private Limited began operations in July 2004 and is based in Mumbai.
The stores were to sell greeting cards, stationery, arts, crafts, and party products in India, Nepal, Sri Lanka, Bangladesh, and the Maldives featuring Disney characters.
[7] In May 2011, Disney and UTV agreed to co-produce Disney-branded family films with creative functions handled jointly.
[4] In July 2011, Walt Disney Company (South East Asia) Pvt Ltd. offered to purchase public shareholders' stakes with the objective of increasing their ownership.
UTV Chief Executive Officer Ronnie Screwvala replaced Mahesh Samat as managing director of The Walt Disney Company (TWDC) India.
[17] Disney India launched its live Entertainment operations in 2015 with the production of Beauty and the Beast, a musical to be shown from October to December in Mumbai and Delhi.
Disney India managing director Siddharth Roy Kapur also indicated he would let his contract lapse on 1 January 2017.
He was to report to Mahesh Samat, Walt Disney International South Asia managing director.
[25] On 14 December 2017, Disney announced its intent to acquire 21st Century Fox–parent company of rival Star India and streaming service Hotstar–for US$52.4 billion.
[31] Gupta resigned as country head in November 2019, while UTV channels were merged into the Star India bouquet.
[40] In April 2023, Head of Network Entertainment Kevin Vaz left the company to join Viacom18 as CEO of TV Business.
According to its terms, Reliance would hold a 51% in the merged company in cash and stock, while Disney would own the remaining 49%.
[48][49][50] In February 2024, The Walt Disney Company and Reliance Industries reached a deal to merge their streaming and television assets, with the joint venture valued at $8.5 billion, including synergies.
[52][53] The deal was approved by the National Company Law Tribunal, with the JioCinema streaming service being moved to the Viacom18 unit as part of the merger.