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  1. 2 days ago · As part of the scheme, Viacom18 will transfer its streaming platform JioCinema to Digital18, which will compensate Viacom18 with Rs 24,186 crore through an allotment of fully paid-up shares. Viacom18 will also transfer its media operations to Digital18 for a consideration of Rs 2,769 crore in the form of fully paid-up shares.

  2. 3 days ago · In addition, Viacom18 will transfer its media operations and services to Digital18 for Rs 2,769 crore, also in the form of shares. Further, Digital18 will transfer Viacom18's assets to Star India by issuing a proportionate number of shares to all Digital18 shareholders and Reliance Industries Ltd (RIL) in return for a $1.4 billion fund investment.

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  4. 3 days ago · Why It Matters: Reliance Industries Limited (RIL) and The Walt Disney Company had previously announced a joint venture (JV) to merge Viacom18 and Star India in February. This mega-merger, valued at ₹70,352 crore ($8.5 billion), will see RIL holding a 16.34% stake, while Viacom18 and Disney will hold 46.82% and 36.84% respectively.

  5. 3 days ago · The merger, first announced in March, involves Viacom18 and its wholly-owned subsidiary Digital18 transferring their assets to Star India in a two-stage process. Initially, Viacom18‘s TV and streaming assets will move to Digital18, followed by a demerger of these assets to Star India. As consideration, Digital18 will receive Viacom18’s ...

  6. 5 days ago · The RIL-Disney merger is shaping up to be a transformative event in the media industry, combining the strengths of two media behemoths to redefine the entertainment and sports broadcasting landscape in India and potentially globally. The merger between Reliance Industries Limited’s Viacom18 and Walt Disney’s Star India is poised to create ...

  7. 3 days ago · Viacom18 proposed to be the holding company for the various businesses. “This restructuring is with a view to bring operational efficiencies and facilitate future growth and diversification of respective businesses including facilitation of business segment specific strategic partnerships or investments for businesses like sports, general entertainment, digital content streaming, etc,” the order stated.

  8. 3 days ago · This marks the first step towards the completion of the merger deal between Reliance Industries’ Viacom18 and The Walt Disney Company’s Star India, which will form a Rs 70,000 crore behemoth. 0.

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