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India, Disney and Reliance
Reliance, Walt Disney Close $8.5 Billion Merger of Indian Media Assets
(Reuters) - 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.
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 complete India media merger valued at $8.5B
The merger creates India’s largest media group with annual revenue of $3.1 billion, combining streaming platforms JioCinema and Hotstar with more than 100 television channels. The venture claims over 50 million streaming subscribers and will produce 30,000 hours of television content annually.
Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger
Head of newly formed Jio Star says traditional linear format is still important in the country during streaming era
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,
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 and Disney finally complete transaction to form JV of top entertainment brands
Disney merger has established the leading media and entertainment conglomerate in India. The combined entity will feature more than 100 TV channels and two streaming platforms.
Reliance and Disney complete transaction to form JV for entertainment brands in India
Reliance Industries Limited, Viacom18 and Disney on November 14 announced that following the approval by the NCLT Mumbai, Competition Commission of India and other regulatory authorities, the merger of the media and JioCinema businesses of Viacom18 into Star India Private Limited has become effective.
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,
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.
gadgets360
3h
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 ...
Mint
47m
Reliance Infrastructure Q2 Results: Anil Ambani-led infra major posts net profit of ₹4,082.5 crore on low expenses
Reliance
Infrastructure Ltd (RInfra) on Thursday reported a consolidated net profit of ₹4,082.53 crore in the July-September quarter of 2024-25 on lower expenses. It had clocked ₹294.04 crore net ...
1d
on MSN
How China reduced its reliance on US farm imports, softening trade war risks
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Opinion
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Britain’s soaring reliance on foreign power exposes the great green energy scam
News that Britain now has the highest industrial energy prices in the world, has fallen out of the world’s top ten ...
Hosted on MSN
7h
Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?
For investors in
Reliance
Industries (RIL), foreign brokerage CLSA’s recent prediction of a 30% upside in the stock might ...
9h
India's top clean energy agency weighs criminal proceedings against Reliance Power
India's top renewable energy agency has sent a notice to Anil Ambani-run Reliance Power , asking why it should not initiate ...
Times Now on MSN
13h
Anil Ambani's Incredible Turnaround: How Reliance Power Posted Massive Q2 Profit Taking Market Cap To Rs...
Reliance
Power has posted a consolidated net profit of Rs 2,878.15 crore in the July-September quarter of this financial ...
11h
on MSN
Reliance-Disney HotStar merger: JioStar website shows 'coming soon', is this the company's 'Not Interested' message to ...
A new website, Jiostar.com, has appeared amidst the controversy surrounding the JioHotstar domain name. While unconfirmed, ...
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