Reliance, Viacom 18, Walt Disney complete merger, creating India’s largest integrated media platform
Viacom18 Media Private Limited, and The Walt Disney Company announced on Thursday the official completion of their merger, which combines Viacom18’s media and JioCinema businesses with Star India Private Limited (SIPL),
Reliance Industries, Disney complete merger to form Rs 70,352 crore media giant
RIL will hold a 16.34 per cent stake in the venture while its step-down subsidiary, Viacom 18, will own 46.82 per cent. Disney’s stake is capped at 36.84 per cent
Reliance, Disney complete ₹70,352 crore media merger
Reliance Industries owns 16.34% stake in the JV, while its subsidiary Viacom18 holds 46.82% and Disney controls remaining 36.84% in the merged entity.
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,
Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger
The head of Disney and Reliance Industries’ newly merged $8.5bn Indian entertainment titan plans to invest and “revitalise” television in the world’s most populous country even as western media organisations increasingly see it as a dying medium.
Disney, Reliance Close Megadeal to Form Indian Entertainment Powerhouse
The joint venture will be one of the largest Media & Entertainment companies in India with pro forma combined revenue of approximately $3.1 billion.
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.
Reliance, Disney Announce Completion Of Transaction To Form JV - Quick Facts
Reliance Industries, Viacom 18 and The Walt Disney Company (DIS) announced that following the approval by the NCLT Mumbai,
Billionaire Mukesh Ambani’s Reliance, Disney Complete $8.5 Billion India Merger
Reliance Industries—controlled by India’s richest person, Mukesh Ambani—and Walt Disney Co. have completed merging their Indian media assets, creating India’s largest entertainment company valued at $8.
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,
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Nita Ambani Becomes 'Queen Of Indian Television': 100-Plus Channels, Chair Of Rs. 70,352 Cr Merger
After months of speculation, Reliance Industries, Viacom 18, and Walt Disney concluded one of the biggest mergers in the ...
JioStar is Born: Reliance Jio and Disney Star Merge in Multi-Billion Dollar Deal
Viacom 18 Media Private Limited (Viacom18), and The Walt Disney Company have announced a joint venture. Check all the details ...
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Viacom 18 bags BCCI rights for both digital and TV, to shell out INR 67.8 crore per game
Viacom 18 has bagged the media rights of BCCI's home international games. The newcomer, which broadcasts live action in the Jio Cinema and Sports 18 television channel, has won both digital as ...
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CCI approves Reliance-owned Viacom 18 and Disney’s $8.5 billion merger deal
The Competition Commission of India (CCI) has approved the merger between the local unit of The Walt Disney Company, Disney Star and Reliance Industries-owned Viacom 18. The competition watchdog ...
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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 ...
Disney, Reliance Industries JV receives regulatory approval in India
Reliance Industries, or RIL, Viacom 18 Media and Disney (DIS) announced that following the approval by the Hon’ble NCLT ...
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Reliance to Buy Paramount's Entire Stake in Viacom 18 Media for Rs 42.86 Billion
Reliance Industries, one of India's leading conglomerates, has sealed a deal to acquire Paramount Global's entire 13.01 per cent stake in Viacom 18 Media, a prominent local entertainment network ...