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      • The government has approved the transfer of non-news TV channel licenses from Reliance Industries' Viacom18 to Star India. This move follows the merger approval by NCLT and conditions set by the Competition Commission of India. The combined entity will be India's largest media house, with Reliance holding a majority stake.
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  2. 10 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 the "proposed combination involving Reliance Industries Ltd, Viacom18 Media Pvt Ltd, Digital18 Media Ltd, Star India Pvt Ltd and Star Television Productions Ltd, subject to the compliance of voluntary modifications".

  3. Feb 28, 2024 · Reliance Industries has signed a binding agreement with Disney to form a joint venture that will combine the businesses of Viacom 18 and Star India. The deal, which has been in the works for months, will create a media behemoth across TV broadcasting, streaming, movies and sports.

  4. 1 day ago · On August 30, the NCLT approved the scheme of merger of Viacom18 Media and Digital 18 Media, holding media and entertainment assets of Reliance Industries, with Star India. The scheme had proposed ...

  5. 1 day ago · The joint venture, valued at Rs 70,350 crore ($8.5 billion) on a post-money basis, will see Reliance Industries injecting Rs 11,500 crore ($1.4 billion) into the venture to support its growth ...

  6. 1 day 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.

  7. Feb 28, 2024 · Reliance Industries Limited (RIL), Viacom18, and Walt Disney have signed definitive agreements to form a joint venture by merging Viacom18's media operations into Star India through a court-approved scheme of arrangement.

  8. Feb 28, 2024 · Mumbai / Burbank, Calif., 28 th February 2024: Reliance Industries Limited (“RIL”), Viacom 18 Media Private Limited (“Viacom18”) and The Walt Disney Company (NYSE: DIS) (“Disney”) today announced the signing of binding definitive agreements to form a joint venture (“JV”) that will combine the businesses of Viacom18 and Star ...