Gaurav Banerjee, a former Walt Disney executive, has been named by Sony as its new Chief Executive for India, where he will oversee its media companies, including television. Banerjee left his position as head of business for the company's TV networks in Hindi-speaking areas and head of content for the streaming service, Hotstar, at Disney's India division. According to reports, Banerjee would join Sony in roughly two months.
Last week, Sony said it was looking for a successor to its current India Chief Executive, N.P. Singh, who had decided to move on.
Sony runs 26 channels in India, from general entertainment to sports and movies, and also a streaming service. This year, it scrapped a planned merger with India's Zee Entertainment, that would have created a $10-billion enterprise.
Banerjee's departure from Disney comes as the U.S. firm seeks Indian regulators' approval to merge its India media assets with those of Reliance, which is led by billionaire Mukesh Ambani, in a combination making it India's biggest entertainment company.
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