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  2. timesofindia.indiatimes.com › gadgets-newsReliance, Disney India merger: What it means for Reliance Jio ...

    Feb 29, 2024 · Reliance Industries and Walt Disney have announced the merger of their India TV and streaming media assets, creating a joint venture (JV) that will serve shows and sports to users in India and abroad.

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  4. www.hindustantimes.com › business › mukesh-ambanisMukesh Ambani's Reliance-Disney Star deal explained: 10 ...

    • Reliance and Disney Star's deal is expected to the biggest entertainment merger India has ever seen. The merged entity will be equally controlled by both the firms, with equal number of directors from Reliance and Disney.
    • The main aim of the merger is the create a subsidiary of Viacom18 (owned by Reliance), which will absorb Star India through a stock swap, reported ET.
    • Mukesh Ambani's Reliance will be the majority shareholder in the merged entity, set to own 51 per cent stake while Walt Disney Co. will own 49 per cent.
    • Reliance's OTT platform Jio Cinema and Disney + Hotstar are also expected to be a part of the deal. The merger is set to uplift Hotstar as it continues to get weighed down by losses.

  5. economictimes.indiatimes.com › industry › mediaReliance Disney merger: Disney-Reliance's $8.5 bn merger gets ...

    Aug 28, 2024 · Walt Disney Co and Reliance Industries on Wednesday received regulatory approval for an $8.5 billion merger of their Indian media assets by the Competition Commission of India (CCI). With this nod, the two entities have stepped closer to creating India's largest entertainment company.

  6. www.hindustantimes.com › business › mukesh-ambanisReliance-Disney Star sign new agreement, mega-merger to be ...

    Jio Cinema will also be included in the deal. Reliance is expected to hold a major stake in the merged company, while both RIL is expected to pay cash for the controlling stock in the merged...

  7. thewaltdisneycompany.com › reliance-and-disneyReliance And Disney Announce Strategic Joint Venture To Bring ...

    Feb 28, 2024 · As part of the transaction, the media undertaking of Viacom18 will be merged into Star India Private Limited (“SIPL”) through a court-approved scheme of arrangement. In addition, RIL has agreed to invest at closing ₹11,500 crore (~US$ 1.4 billion) into the JV for its growth strategy.

  8. www.businesstoday.in › magazine › the-buzzReliance-Disney merger: Here's how the deal can fundamentally ...

    Mar 8, 2024 · Billionaire Mukesh Ambani's Reliance Industries Ltd. (RIL) and The Walt Disney Company have agreed to merge their digital streaming and television assets in India, creating an $8.5-billion media...

  9. www.cnbctv18.com › business › companiesReliance Industries, Disney announce $8.5 billion media joint ...

    Feb 28, 2024 · The Reliance-Disney joint venture will bring together iconic media assets across entertainment, such as Colors, StarPlus, StarGold and sports content via Star Sports and Sports18, including access to digital platforms through JioCinema and Hotstar.