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Vikas Boni appointed Crunchyroll’s India lead for global distribution & partnerships
MUMBAI: Vikas Boni has taken on the role of senior director and India lead for global distribution & partnerships at Crunchyroll, the world’s leading destination for anime and fandom. Based in Mumbai, Boni’s mandate is to shape the next phase of growth for Crunchyroll in the region. He commenced his new role in July 2025.
With over 16 years of experience across the media and digital landscape, Boni specialises in building high-impact partnerships, driving revenue growth, and leading content-driven businesses at scale.
Prior to joining Crunchyroll, he served as business head & chief operating officer at Stars N Stripes, an award-winning digital marketing agency, from April 2023 to June 2025. In this capacity, he was responsible for developing and implementing the agency’s go-to-market strategy, aiming for a tenfold expansion within five years. His responsibilities included managing the agency’s overall profit and loss and establishing four distinct growth services: Studio SNS (branded content division), Social Circle (social media management), Shortcuts (short video content and tech solutions), and In The Air (creator platform).
Boni also held significant leadership positions at Viacom18 Media Pvt Ltd for over 13 years. His roles there included vice president and head of content licensing & partnerships for JioTV & JioTV+, where he led content licensing, acquisition, and partnerships to enhance the content portfolio and drive value for Jio Platforms Ltd.
He also served as vice president and head of partnerships for Voot Select & Voot Shots, leading global partnerships for Voot and launching the short-form video product Voot Shots. Additionally, he was vice president and head of MTV Beats, business planning & content partnerships (YME), overseeing business planning and strategic partnerships for Viacom18’s Youth, Music & English Entertainment cluster. He played a pivotal role in launching and scaling youth-focused platforms like MTV Beats, MTV Indies, and Voot Shots.
He began his career as an assistant manager in the strategy group at TAM Media Research from December 2007 to March 2010. Boni holds an MBA in marketing and a BE in information technology from the University of Mumbai.
iWorld
Bill Ackman’s Pershing Square makes $64 billion bid to acquire Universal Music Group
Ackman pitches NYSE relisting plan as UMG board weighs unsolicited offer
The hedge fund has proposed a business combination that values UMG at €30.40 per share, representing a hefty 78 per cent premium to its current trading price. The offer includes €9.4 billion in cash alongside stock in a newly formed entity, with shareholders set to receive €5.05 per share in cash and 0.77 shares in the new company for each UMG share they hold.
Under the proposal, UMG would merge with Pershing Square SPARC Holdings Ltd and re-emerge as a Nevada-based entity listed on the New York Stock Exchange. The move is designed to boost investor visibility and potentially secure inclusion in major indices such as the S&P 500.
Pershing Square Capital Management ceo Bill Ackman argued that while UMG’s operational performance remains strong, its market valuation has lagged due to external factors. “UMG’s stock price has languished due to a combination of issues that are unrelated to the performance of its music business,” Ackman said, pointing to concerns ranging from shareholder overhang to delayed US listing plans.
Ackman also flagged what he sees as untapped potential in UMG’s balance sheet and a lack of clear capital allocation strategy. He added that the market has not fully recognised the value of UMG’s €2.7 billion stake in Spotify, alongside gaps in investor communication.
The proposed transaction would also result in the cancellation of around 17 per cent of UMG’s outstanding shares, while maintaining its investment-grade balance sheet. Pershing Square has said it will fully backstop the equity financing, with debt commitments secured at signing. The deal is targeted for completion by the end of the year.
UMG, however, has struck a measured tone. The company confirmed that its board has received the non-binding proposal and will review it with advisers. It reiterated confidence in its current strategy and leadership under Lucian Grainge, signalling no immediate shift in stance.
The proposal comes at a time when global music companies are navigating evolving investor expectations, streaming economics and capital allocation pressures. For Pershing Square, the bet is clear: sharpen the financial story, relist in the US, and let the music play louder in the markets.
Whether UMG’s board is ready to change the tune remains to be seen, but the spotlight on its valuation just got a lot brighter.
