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Mythik taps entertainment industry pioneers for global advisory board
Mythik taps entertainment industry pioneers for global advisory board

Time of India

time02-07-2025

  • Business
  • Time of India

Mythik taps entertainment industry pioneers for global advisory board

Mythik , a tech-first global entertainment company with the ambitious vision to become the 'Disney from the East', today announced the formation of its Global Advisory Board . According to the press release, this board comprises six highly influential industry leaders whose collective expertise has been instrumental in shaping some of the most iconic media, entertainment, and technology companies worldwide. The Global Advisory Board includes Alok Sama , former president of SoftBank Group , a veteran investor renowned for leading the historic $34 billion acquisition of ARM Holdings and the $59 billion merger of Spring and T-Mobile. Also joining is Kun Gao , co-founder and former CEO of Crunchyroll, a serial entrepreneur who pioneered and led the highly successful manga and anime-focused OTT platform, which was later sold to Sony Entertainment for $1.2 billion. The board also features Nick Van Dyk , former SVP of Corporate Strategy at The Walt Disney Company, a veteran media executive who played a lead role in Disney's global strategic overhaul and landmark acquisitions of Marvel Entertainment ($4 billion), Pixar ($7 billion), and Lucasfilm (Star Wars) ($4 billion). Bill Jemas , former COO of Marvel Entertainment, who played a pivotal role in the historic Marvel Entertainment turnaround that culminated in its $4 billion sale to Disney, is also on the board. Rounding out the board are John Lynch , former global head of production & operations at Amazon Studios, who built from inception and led global production and operations for Amazon Studios, overseeing a film & television budget exceeding $20 billion, and Gui Karyo , former chief information officer at Marvel Entertainment and Dapper Labs, a key figure in the historic Marvel turnaround and the creation of Dapper Labs, one of the largest Web3 companies globally. Jason Kothari, founder of Mythik, commented, 'Mythik's mission is to elevate Eastern mythology and cultural narratives to the forefront of global entertainment. The formation of our Global Advisory Board, comprised of pioneering leaders who have helped create some of the world's most successful media and entertainment companies, will provide Mythik's management team the strategic guidance to build in India for the world for the first-time in entertainment.'

Jason Kothari's Mythik Raises USD 15 Mn Round to Build the 'Disney from the East'
Jason Kothari's Mythik Raises USD 15 Mn Round to Build the 'Disney from the East'

Entrepreneur

time21-05-2025

  • Business
  • Entrepreneur

Jason Kothari's Mythik Raises USD 15 Mn Round to Build the 'Disney from the East'

The round drew participation from a diverse group of global and Indian investors, including Sakal Media Group, BITKRAFT, Shah Rukh Khan's family office, VC Grid, Visceral Capital, the Patni family office, and several influential individuals such as Saif Saeed Ghobash, Jaynti Kanani, Deepen Parikh, Marc Younan and more. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Jason Kothari, former executive at Snapdeal and has raised USD 15 million in seed funding for his new venture Mythik. The round drew participation from a diverse group of global and Indian investors, including Sakal Media Group, BITKRAFT, Shah Rukh Khan's family office, VC Grid, Visceral Capital, the Patni family office, and several influential individuals such as Saif Saeed Ghobash, Jaynti Kanani, Deepen Parikh, Marc Younan and more. Launched last month, Mythik is a tech-first global entertainment company aiming to bring Eastern mythology, history, and folktales to a worldwide audience for the first time. With a vision to become the "Disney from the East," Mythik plans to modernise ancient narratives using immersive technology, targeting a built-in global audience of 3.5 billion people. "We are excited about the world-class and strategic investors we have brought together and look forward to realizing Mythik's vision and mission to bring Eastern mythology, history and folktales to the forefront of global entertainment and inspire happiness, peace and hope," said Jason Kothari, Founder of Mythik. The company's founding team comprises former senior executives from Disney, Netflix, Amazon Studios, Jio, and Tencent, bringing a wealth of global entertainment experience. Kothari's entrepreneurial journey began at Wharton, where he revived Valiant Entertainment, later selling it for USD 100 million and serving as executive producer of the Vin Diesel-starrer Bloodshot. He also served as CEO of and FreeCharge, and later as Chief Strategy and Investment Officer at Snapdeal. With strong investor backing and a culturally rich yet globally untapped content base, Mythik is poised to reimagine storytelling for the modern era—bridging heritage and high tech to craft powerful, globally resonant narratives.

Entrepreneur Jason Kothari launches Mythik
Entrepreneur Jason Kothari launches Mythik

Time of India

time23-04-2025

  • Business
  • Time of India

Entrepreneur Jason Kothari launches Mythik

Entrepreneur Jason Kothari has launched Mythik , a new tech-first global entertainment company from India. Mythik's vision is to tell Eastern mythology , history and folktales to a worldwide audience for the first-time and create the ' Disney from the East '. These ancient stories have a total built-in audience of 3.5 billion people globally and will be brought to life in a modern, immersive way using cutting-edge technology. Mythik's mission is to tell these legendary stories in a way that is impactful and inspires happiness, peace, and hope, the press note stated . 'Global entertainment has been dominated by Hollywood and Western stories. It's time to share Eastern stories - our history, culture, values, and greatest legends - with the world, leveraging cutting-edge technology across all aspects of the business to create a new tech-first entertainment company,' said Kothari, founder of Mythik. Kothari is an experienced entrepreneur and turnaround chief executive officer in entertainment and technology. While a Wharton college student, he acquired his childhood favourite comic book company Valiant Entertainment out of bankruptcy and became the chief executive office at 24 years old. He recruited the management team behind the historic Marvel Entertainment turnaround and led the turnaround of Valiant, resulting in the sale of the company to China-based DMG Entertainment . Following this, Kothari was chief executive officer of Softbank-backed where he led the transformation of the company and merger with a News Corp portfolio company. He was also chief executive officer of FreeCharge, where he led the strategic sale of the company to Axis Bank.

Housing.com's former CEO Jason Kothari launches tech-first entertainment company Mythik
Housing.com's former CEO Jason Kothari launches tech-first entertainment company Mythik

Economic Times

time23-04-2025

  • Business
  • Economic Times

Housing.com's former CEO Jason Kothari launches tech-first entertainment company Mythik

Jason Kothari, former CEO of Housing .com, has returned to the entertainment space with the launch of Mythik, a new tech-first venture aimed at bringing Eastern mythology, folktales, and history to a global audience. Kothari, who has also held leadership roles at ecommerce platform Snapdeal and digital payments firm FreeCharge, said the global dominance of Western narratives in entertainment presents an opportunity for stories from the East to gain wider traction. 'Global entertainment has been dominated by Hollywood and Western stories. It's time to share Eastern stories - our history, culture, values, and greatest legends - with the world, leveraging cutting-edge technology across all aspects of the business to create a new tech-first entertainment company,' said Kothari. While Mythik's slate of projects and rollout timelines are yet to be announced, the company's founding team includes former senior executives from Disney, Netflix, Amazon Studios, Jio, and Tencent. The venture plans to develop immersive storytelling formats targeting a potential audience of 3.5 billion people across Asia and beyond. Kothari's entrepreneurial journey began while he was still at Wharton, when he acquired the bankrupt comic book publisher Valiant Entertainment and led its turnaround. He eventually sold the company to DMG Entertainment for $100 million. He also served as executive producer of Bloodshot, the Vin Diesel-led film based on a Valiant character. Kothari joined Housing .com in August 2015 and was named CEO in November of that year following the exit of founding CEO Rahul Yadav. He later served as chief strategy and investment officer at Snapdeal and as CEO of FreeCharge, where he oversaw its sale to Axis Bank. In addition to his executive roles, Kothari sits on the board of Emaar India and has previously advised companies including Balaji Telefilms and Noon.

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