Mergers & movements: Shifts that redefined the Indian M&E in 2024
The Indian media landscape underwent a paradigm shift in 2024, marked by significant mergers and leadership changes. The cancellation of the Zee-Sony merger and the completion of the ₹70,000 crore Disney-Reliance merger reshaped the industry. Key highlights include:
The emergence of JioStar, with Kevin Vaz, Kiran Mani, and Sanjog Gupta leading entertainment, digital, and sports, respectively.
High-profile exits, including K Madhavan, Sajith Sivanandan, and NP Singh, along with transitions like Neeraj Vyas pursuing entrepreneurship and Nimisha Pandey joining Sony SAB.
Turmoil at Zee, with Punit Goenka, Manish Kalra, and Mona Jain stepping down amidst strategic realignments.
These changes reflect a sector evolving rapidly to meet digital demands, positioning the industry for innovation and growth in 2025.