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.
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, Disney complete India media merger valued at $8.5B
Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse in the country's streaming and Reliance and Disney complete landmark Indian media merger,
Reliance, Disney Complete Merger
The transaction valued the joint venture (JV) at $8.5 Bn (INR 70,352 Cr) on a post money basis
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,
Reliance, Disney complete India media merger valued at $8.5 billion
Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse that will dominate the streaming and television markets in the world's most populous nation.
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,
Reliance, Disney finalise $8.5B merger of Indian assets; no clarity if JioCinema, Hotstar will merge into JioHotstar
The $8.5 billion merger of Disney and Reliance Industries was completed on Thursday with Nita Ambani taking over as the Chairperson of the joint venture.
Mukesh Ambani's Reliance, Viacom18 And Disney Complete Rs 70,352 Crore Merger
Mukesh Ambani-led Reliance Industries on Thursday completed the merger of its media assets with with the India business of global media house Walt Disney
Indian regulators give nod to Reliance and Disney's $8.5B joint venture
Reliance Industries Limited (RIL) and Disney (NYSE:DIS) have received final approvals from competition regulators based in Mumbai for their $8.5B Indian joint initiative, which will leverage over 100 TV channels and have access to over 50M subscribers on digital streaming platforms and a portfolio of sports rights,
Reliance-Disney merger completed: joint venture to bring Hotstar, JioCinema on a single platform
Reliance-Disney merger has been officially announced to launch a joint venture for JioCinema and Hotstar. The new Jio OTT ...
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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 ...
Mukesh Ambani’s biggest achivement! Rs 700000000000 Reliance Industries, Viacom18, Disney merger completed, Nita Ambani will…
Mukesh Ambani's led Reliance industries, Viacom18 And Disney completed its Rs 70,352 Crore merger. Nita Ambani will play an ...
Time For A Merger Policy Reset
Biden antitrust enforcers sought to discourage all mergers. The new Trump Administration should revive a prior approach that ...
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RIL-Disney JV: Star India announces new division heads post merger
Piyush Goyal, Amit Shah, Ajit Varghese, Ishan Chatterjee, Alok Jain, Krishnan Kutty and Sumanta Bose will helm key portfolios ...
Reliance And Disney Announce Completion Of Merger To Form ₹70,352 Crore Joint Venture; Nita Ambani Appointed Chairperson
Media Release - Reliance and Disney Announce Completion of Transaction to Form Joint Venture to Bring Together the Most Iconic and Engaging Entertainment Brands in India Joint Venture ready to lead ...