Major Media Merger: Leadership Announced for Rs 70,352 Crore Joint Venture
Mumbai: On November 14, 2024, a landmark Rs 70,352 crore merger was officially announced, marking the creation of a media and entertainment powerhouse. Nita Ambani will chair the joint venture, with Uday Shankar providing strategic guidance as Vice-Chairperson.
Key leadership roles include:
- Kevin Vaz: CEO, Entertainment (across platforms)
- Kiran Mani: CEO, Digital Operations
- Sanjog Gupta: CEO, Sports Division
- Ambuj Kashyap: Strategic Initiatives Lead under Uday Shankar
- Alok Jain: Head of Cluster, Entertainment (Colors, Hindi, Niche, Movies, Studio)
- Sumanta Bose: Head of Cluster, Entertainment (Star Plus, Bharat, Bengali, Marathi, Gujarati)
- Krishnan Kutty: Head of Cluster, Entertainment (South)
- Ajit Varghese: Head of Revenue, Entertainment & International
Strategic appointments also include:
- Rasesh Upadhyay, Gaurav Gokhale, and Shoury Bharadwaj driving key business functions
- Vijay Seshadri: Chief Architect
- Piyush Goyal: Head of TV Distribution
- Bharat Ram: Head of Product
- Sushant Sreeram: Head of Marketing
- Rishi Gaind: Head of HR
Transition roles include Rajat Nigam (IT), Mani Rangarajan (Finance), and Kshripra Jatana (Legal).
This merger combines the strengths of leaders from Jio, Viacom18, Disney Star, and others, creating a formidable entity in India’s media landscape.
