Dish TV India launches Dish TV Smart+ initiative, offering OTT services with linear TV subscriptions at no extra cost, aiming to improve customer retention.
As of now, Reliance will effectively control the joint venture. It will own a direct stake of 16.34% in the company, while subsidiary Viacom18 will own 46.82%, and Disney 36.84%.
Sony has far greater cultural and managerial similarities with Disney than with Zee. Also, preventing Reliance from scooping up Disney+Hotstar should now be at the top of its agenda