Walt Disney

The Walt Disney Company has acquired media corporation UTV along with its subsidiary, game publisher UTV Ignition Entertainment Ltd, according to a Eurogamer report of a story that originated from BBC News. UTV is an India-based firm that specializes in film, television, animation and gaming. Disney’s cost for acquiring a controlling interest has not been made public as of this time. India’s cabinet just last month approved the entertainment conglomerate’s bid to pick up shares of UTV that it was not already in possession of.

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