Reliance, Viacom 18, Walt Disney complete merger, creating India’s largest integrated media platform
Viacom18 Media Private Limited, and The Walt Disney Company announced on Thursday the official completion of their merger, which combines Viacom18’s media and JioCinema businesses with Star India Private Limited (SIPL),
Reliance, Disney complete ₹70,352 crore media merger
Reliance Industries owns 16.34% stake in the JV, while its subsidiary Viacom18 holds 46.82% and Disney controls remaining 36.84% in the merged entity.
Reliance, Walt Disney Close $8.5 Billion Merger of Indian Media Assets
Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO. The companies said the newly formed divisions are entertainment,
Disney-Reliance $8.5 Billion Media Merger Closes, Creating Indian Entertainment Powerhouse
India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal combines Disney’s Star India with Reliance’s Viacom18 and streaming platforms JioCinema and Hotstar.
Disney, Reliance Close Megadeal to Form Indian Entertainment Powerhouse
The joint venture will be one of the largest Media & Entertainment companies in India with pro forma combined revenue of approximately $3.1 billion.
Disney & Reliance Complete $8.5B Deal To Form Indian Entertainment Giant
Disney and Reliance Industries have completed the $8.5B deal to form a media and entertainment giant in India. This brings together Reliance’s JioCinema business with Disney’s Star India, which houses Disney+ Hotstar,
Disney, Reliance Industries JV receives regulatory approval in India
Reliance Industries, or RIL, Viacom 18 Media and Disney (DIS) announced that following the approval by the Hon’ble NCLT ...
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Reliance, Disney and Viacom18 form $8.5 bn JV ushering in a new era for Indian entertainment
Nita Ambani will be the chairperson of the JV. PTI Mumbai/Burbank, California: Reliance Industries Limited, Viacom 18 ...
JioStar is Born: Reliance Jio and Disney Star Merge in Multi-Billion Dollar Deal
Viacom 18 Media Private Limited (Viacom18), and The Walt Disney Company have announced a joint venture. Check all the details ...
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Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries holds a 16.34 percent stake in the Joint Venture Viacom 18 holds 46.82 percent while Disney holds a ...
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Viacom 18 bags BCCI rights for both digital and TV, to shell out INR 67.8 crore per game
Viacom 18 has bagged the media rights of BCCI's home international games. The newcomer, which broadcasts live action in the Jio Cinema and Sports 18 television channel, has won both digital as ...
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RIL-Disney merger takes off! Reliance Industries’ Rs 11,500 cr investment in JV – Major role for Nita Ambani
RIL has invested Rs 11,500 crore into the JV into the JV for its growth. The JV has allotted shares to Viacom18 and RIL as ...
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Viacom 18 bags BCCI media rights in both digital and TV for next five years
Mumbai, Viacom 18 has bagged the BCCI media rights in both TV and digital for the next five years, announced Jay Shah, the BCCI Honorary Secretary. Viacom18 beat competition from Sony Sports ...
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Jio Star: Will the New Platform Outshine Netflix and Amazon Prime?
News: With the merger of Walt Disney's Disney Star and Reliance Industries' Viacom 18 to form a joint venture called ...
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Reliance to Buy Paramount's Entire Stake in Viacom 18 Media for Rs 42.86 Billion
Reliance Industries, one of India's leading conglomerates, has sealed a deal to acquire Paramount Global's entire 13.01 per cent stake in Viacom 18 Media, a prominent local entertainment network ...