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Activist investor ValueAct Capital Partners LP has built a stake of over $1.1 billion in Nintendo, according to a letter seen by Reuters, a bet that digital software distribution and the development of new entertainment products will fuel growth at the Japanese gaming company. ValueAct, which first began buying the stock in April 2019, grew the position in Nintendo, known for its  gaming consoles  and for having turned characters like Mario and Donkey Kong into international hits, during the stock market sell-off in February and March, according to the letter sent to its investors. Nintendo's future is bright, ValueAct wrote in its letter, adding there is potential for growth both in the software business and room for the company to transform itself into a broader entertainment company. ValueAct has picked up about 2.6 million shares, or about a 2% stake, in  Nintendo.  Shares of the Japanese company rose more than 2% as trading started in Tokyo. ...

Hotstar has launched the Disney+ service on its platform. Exclusive Disney content is now available on the platform. Series like Timon and Pumbaa, Atlantis and many more are now available for the VIP users of the streaming service. Interestingly, no extra charges have been levied for Disney. Most of the Disney titles are available in English and a few India languages like Hindu, Tamil, Telugu, etc. However, The original English version of the shows is available to Premium users only. VIP users can access the Indian language dubbed version, and not the English version. Disney had announced in February that its subscription-based streaming service Disney Plus, which launched in the US in November, 2019, would arrive in India on March 29 through its Hotstar app. The announcement was made by Disney CEO Robert Iger during the company's quarterly earnings call. "We're excited to announce that we will be launching Disney Plus in India through our Hotstar service on Ma...

Walt Disney Co unveiled new details on Thursday about Disney+, a family-friendly digital video subscription that is set to debut later this year and compete with Netflix Inc. The ad-free service will include movies and TV series from Disney and will feature programming from the Marvel superhero universe, the "Star Wars" galaxy, "Toy Story" creator Pixar animation and the National Geographic channel. ALSO READ: $7-a-month Disney streaming service to take on Netflix, launch on Nov 12 It will cost $7 a month or $70 per year. When the service debuts on Nov. 12, some of the programming available from Disney's libraries will include: - Classic Disney animated movies such as "101 Dalmations" and "Bambi" - The entire Pixar catalog including "A Bug's Life" and "Cars" - "Captain Marvel" and three other Marvel films - The first and second "Star Wars" trilogies - Live-action movies s...