Disney, Reliance Industries Close $8.5 Billion Merger of Star India and Viacom18
The joint venture has combined revenue of $3.1 billion and over 100 TV channels, 50 million subscribers, and 30,000 hours of TV entertainment content annually
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),
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.
Reliance, Disney Announce Completion Of Transaction To Form JV - Quick Facts
Reliance Industries, Viacom 18 and The Walt Disney Company (DIS) announced that following the approval by the NCLT Mumbai,
Reliance Industries, Disney complete merger to form Rs 70,352 crore media giant
RIL will hold a 16.34 per cent stake in the venture while its step-down subsidiary, Viacom 18, will own 46.82 per cent. Disney’s stake is capped at 36.84 per cent
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 Indian media giant says TV ‘is not dead’ following $8.5bn merger
The head of Disney and Reliance Industries’ newly merged $8.5bn Indian entertainment titan plans to invest and “revitalise” television in the world’s most populous country even as western media organisations increasingly see it as a dying medium.
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.
Billionaire Mukesh Ambani’s Reliance, Disney Complete $8.5 Billion India Merger
Reliance Industries—controlled by India’s richest person, Mukesh Ambani—and Walt Disney Co. have completed merging their Indian media assets, creating India’s largest entertainment company valued at $8.
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,
5 Takeaways From The Disney-Reliance Merger, Including Hotstar Subscribers Impact
The merger creates the largest media group in India, with streaming platforms JioCinema and Hotstar combining for 100+ ...
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Nita Ambani Becomes 'Queen Of Indian Television': 100-Plus Channels, Chair Of Rs. 70,352 Cr Merger
After months of speculation, Reliance Industries, Viacom 18, and Walt Disney concluded one of the biggest mergers in the ...
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, Viacom18 & Disney joint venture comes into effect
MUMBAI:  It has taken its time to take its form, but it’s finally got there. Reliance Industries Limited (RIL), Viacom 18 ...
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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 ...
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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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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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 ...