Business & Finance
Disney merger imminent, Viacom18 reorganizes top leadership positions
Viacom18’s leadership undergoes restructuring with Kiran Mani leading digital and sports businesses while Kevin Vaz oversees content. The shuffle includes Anil Jairaj reporting to Mani, indicating a shift in reporting structure within the company.
The changes come amidst a period of significant transformation within Viacom18, with Mani handling digital product, subscriber management, and ad tech, among other responsibilities. Vaz’s role expands to include oversight of content clusters and Viacom18 Studios’ movie studio business.
The restructuring has stirred internal discontent, with some leaders expressing dissatisfaction with the new setup. Additionally, Viacom18’s leadership has seen significant turnover in recent years, with key executives departing and new faces taking on leadership roles within the company.
Similarly, Viacom18’s competitor, Zee Entertainment Enterprises, is also undergoing structural changes following its unsuccessful merger with Sony Pictures Networks India. Media experts anticipate job losses in the industry as more broadcasters streamline their operations.
Overall, Viacom18’s decision to reshuffle its leadership comes as part of a broader trend in the broadcasting industry, as companies adapt to changing market dynamics and evolving consumer preferences.
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