Friday, August 23, 2019
A Strategic Alliance of UTV and Disney Case Study
A Strategic Alliance of UTV and Disney - Case Study Example The UTV company was started in 1981 by Screwvala (UTV and Disney). At the time it was Indiaââ¬â¢s first cable TV entity. While the company originally started out for several channels, it would late expand to include international content for channels such as BBC, CNN, and National Geographic. Later ventures in the US and UK markets significantly increased the companyââ¬â¢s market share. The company is noted to have three verticals. The first is the companyââ¬â¢s television content production; the second is the movie production and distribution; the third is post-production and special effects development. In terms of the companyââ¬â¢s business relationship with Disney, the primary concern is with UTVââ¬â¢s Hungama TV. This entity is the companyââ¬â¢s kidsââ¬â¢ channel ââ¬â the first of its kind in India. It was strategically hoped that in cooperating with Disney within the confines of Hungama TV, the company would also gain furthered access to international m arkets. Disney is one of the worldââ¬â¢s largest and most recognized companies. Since originating over seventy-five years ago, the company has diversified into the major segments of Media Networks, Studio Entertainment, Disney Consumer Products, and Parks and Resorts. Most notably, in 2004 Disney launched a business venture into India. This venture was a major company element, reaching over 107 million homes (UTV and Disney). While Disney controlled Toon Disney and the Disney Channel in the Indian market, they desired to further expand through the acquisition of UTVââ¬â¢s Hungama TV. From Disneyââ¬â¢s perspective, the acquisition of Hungama TV would further grant Disney access in the Indian market, as well as give the company increased access to UTVââ¬â¢s many media outlets.
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