Disney Star Asianet

Disney Star Asianet is an Indian media conglomerate company headquartered in Kochi owned by The Walt Disney Company India, which is wholly owned by The Walt Disney Company. Disney Star Asianet operates Asianet, Asianet HD, Asianet Plus, Asianet Middle East, Asianet Movies, Asianet Movies HD, Star Vijay, Vijay Super, Vijay Takkar, Vijay International, Star Suvarna, Suvarna Plus. [1]

Not to be confused with Asianet News Network or Asianet Satellite Communications.

Disney Star Asianet
TypeSubsidiary
BrandingMedia conglomerate
Country
India
AvailabilityInternational
Founded1991
HeadquartersKochi, Kerala
OwnerThe Walt Disney Company India
Former names
Asianet Star Communications, Asianet Communications
Official website
disneystar.com

Malayalam and Kannada news channels, Asianet News (formerly Asianet Global) and Asianet Suvarna News (formerly Asianet Suvarna), are owned by Asianet News Network (ANN), a subsidiary of Jupiter Entertainment Ventures . Asianet Digital Network are owned by Asianet Satellite Communications divisions under (Cable TV, Broadband & Teleshopping, Consumer Electronics, OTT, Pay television & Broadcasting) is a Telecommunication Company Asianet News Network, Asianet Satellite Communications, Disney Star Asianet use that channel's "name" and" logo".

History

Asianet Communications was the first entertainment television company in Malayalam.[2] Star India started discussions with the Asianet Communications Star India then owners of the Asianet in August, 2008.[3] Star India eventually bought a 51% stake in Asianet Communications and formed joint venture with JEV in November, 2008.[4] The joint venture, called "Star Jupiter", comprised all general entertainment channels of Asianet Communications (Asianet, Asianet Plus, Asianet Suvarna, Asianet Sitara,[5] Star Vijay). Star India had reportedly paid $235 million in cash for the 51% stake and assumed net debt of approximately $20 million.[6][3]

Star India increased its stake in Asianet Communications to 75% in July 2010 (for which Star India paid around $90 million in cash), and to 87%, by acquiring 12% stake for $160 million in June, 2013. The later move was by virtue of acquiring a 19% equity stake in Vijay TV from Rajeev Chandrasekhar and Asianet Communications MD K Madhavan. Following the June, 2013 investment, Asianet Communications was valued at $1.33 billion. Star India acquired 100% stake in Asianet Communications (buying the remaining 13% stake) in March, 2014.[6][4]

After Disney acquired 21st Century Fox, Disney Star Asianet and all subsidiaries of Disney Star became subsidiaries of The Walt Disney Company and were reorganized under The Walt Disney Company India.

Asianet, Asianet HD, Asianet Plus, Asianet Middle East, Asianet Movies, Asianet Movies HD, Star Vijay, Star Vijay HD, Star Vijay Super, Star Vijay Super HD, Star Vijay Takkar, Star Suvarna, Star Suvarna HD & Star Suvarna Plus are owned by The Walt Disney Company India operated by Disney Star both divisions are subsidiary of The Walt Disney Company.

2022 to present

On 14 April 2022, The Walt Disney Company India rebranded Asianet Star Communications to Disney Star Asianet.

Radio

Best FM 95 is run by Asianet Star Communications. Best FM 95 has two FM radio stations in Kerala, Thrissur and Kannur. It broadcasts music in three languages (Malayalam, Tamil and Hindi).[7] Best fm 95 was launched on January 13, 2008.[8]

References
  1. "Asianet to launch 24-hour movie channel". Business Standard. 11 July 2012.
  2. "Star buys majority in Asianet; forms JV with Rajeev Chandrasekhar". Reuters. 17 November 2008. Retrieved 27 July 2019.
  3. "Rupert Murdoch's grand takeover in Kerala". Archived from the original on 6 November 2018. Retrieved 13 February 2014.
  4. Kulkarni, Raghuvir Badrinath & Mahesh (17 July 2013). "Interesting tussle on to gain control of 'Kannada Prabha'". Business Standard. Archived from the original on 27 July 2019. Retrieved 27 July 2019.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  5. Reporter, B. S. (16 November 2008). "Star TV buys majority in Jupiter Entertainment". Business Standard. Retrieved 27 July 2019.
  6. "STAR India acquires 100% Stake in Asianet Communications - MediaNama". medianama.com. Archived from the original on 27 July 2019. Retrieved 9 November 2018.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  7. Gainbuzz. "Best FM,Kannur , Kannur". Gainbuzz. Retrieved 16 December 2020.
  8. "Asianet FM Radio from Kannur to go on air on Jan 13". www.outlookindia.com/. Retrieved 16 December 2020.
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