Sony has reportedly appointed Gaurav Banerjee, Disney executive, as the new CEO of its India operations.
What Happened: As per a report by Reuters, Sony has selected Gaurav Banerjee, who has previously served at Disney, to head its operations in India as the new CEO.
Banerjee has resigned from Disney’s India unit, where he served as the head of content for its streaming service, Hotstar, and the head of business for the company’s TV channels in Hindi-speaking markets, sources told Reuters. Another source indicated that Banerjee would join Sony in about two months.
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Last week, Sony announced it was searching for a successor to its current India chief, N.P. Singh, who had decided to step down. Sony operates 26 channels in India, from general entertainment to sports and movies, and a streaming service. Earlier in the year, Sony cancelled a planned merger with Zee Entertainment, which would have created a $10-billion enterprise.
Banerjee’s departure from Disney comes as the entertainment giant seeks approval from regulators to merge its India media assets with those of Reliance.
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