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15 hours ago · Reliance-Disney merger: The Ministry of Information and Broadcasting, on Saturday, gave approval to Reliance for the transfer of channels. The approval was given for the transfer of license relating to non-news and current affairs TV channels. The channels held by Viacom 18 Media Pvt Ltd will be transferred in favour of Star India Private Limited.
16 hours ago · Reliance Industries first disclosed on February 28, 2024, that Viacom18, a subsidiary of the company, would merge with Star India, Disney’s Indian unit, to create India’s largest television ...
Reliance gets a 63.16% stake in the combined entity which will compete with Netflix, Amazon, and Sony. Walt Disney gets the remaining 36.84% stake, according to the earlier media release.
6 hours ago · The merger of the media assets of Reliance Industries and The Walt Disney Co. will create the country's largest media empire worth over Rs 70,000 crore. Earlier, the CCI had said it had cleared ...
15 hours ago · The move comes after the Competition Commission of India (CCI) approved the merger of Reliance Industries, Viacom18 Media, Digital18 Media, Star India, and Star TV last month. The merger, which intends to form a new joint venture (JV), will integrate Viacom18 into Star India, increasing operational synergies between the two media companies.
30 minutes ago · Reliance Industries Ltd announced that the Ministry of Information and Broadcasting has approved the transfer of non-news and current affairs TV channel licenses from Reliance’s Viacom18 to Disney’s Star India. This approval came on Friday, September 27, 2024, and is subject to conditions set by the Competition Commission of India (CCI).
13 hours ago · This decision is part of a strategic joint venture between Reliance Industries Ltd and Disney. RIL mentioned that the government’s approval was given through an order dated September 27, 2024, following a media release titled "Reliance and Disney Announce Strategic Joint Venture to Bring Together the Most Compelling and Engaging Entertainment Brands in India," originally issued on February 28, 2024.
