RIL, Viacom18 and Disney complete merger to create a Rs 70,352 cr JV
Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18’s media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore.
RIL- Disney merger completes, forms media giant
Reliance Industries, Viacom18, and Disney have formed a joint venture combining assets like JioCinema, Hotstar, and TV channels Star and Colors. The JV, valued at Rs 70,352 crore, is led by Nita M. Ambani (Chairperson),
RIL, Viacom18, Disney complete Star India merger with Rs 11,500 Cr investment
Reliance industries Limited (RIL), Viacom18, and The Walt Disney Company announced the effective merger of Viacom18’s media and JioCinema businesses with Star India, following approvals from regulatory authorities, including the NCLT Mumbai and Competition Commission of India.
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 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 Star-Reliance Industries media assets merger completed
Media and entertainment heavyweights Reliance Industries (RIL) and Walt Disney have completed the merger of their various Indian media assets - including the Viacom18 and Star India broadcasters - in a deal worth $8.
INR 11,500 Cr Investment Seals Star India Merger with RIL, Viacom18, and Disney
Viacom18, and The Walt Disney Company have successfully merged Viacom18's media and JioCinema assets with Star India. This ...
RIL Unveils JioStar Headed By Nita Ambani After Historic Merger With Disney Star; Basic Plans Start At Rs 15
The much anticipated JioStar’s portal is now live, offering affordable plans that start at mere Rs 15.
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RIL-Disney merger: From Nita Ambani to Uday Shankar – Who will hold which position in JV – Leadership team list
RIL-Disney merger: The newly established JioStar, a combination of Star India and Viacom18, has announced its executive ...
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.
Key support for RIL stock stands at this level; here's why
Reliance stock is down nearly 22% from its record high; historically, in the past decade, barring the 50% fall during ...
Indian regulators give nod to Reliance and Disney's $8.5B joint venture
Reliance Industries and Disney joint venture in India approved by regulators, creating a media powerhouse with TV channels, ...
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RIL-Disney JV will ensure unparalleled content at affordable prices: Mukesh Ambani
At the closing of the transactions noted above, the JV is controlled by RIL and owned 16.34% by RIL, 46.82% by Viacom18 ...
RIL Stocks Highlights: RIL Stock Price History
Stay up-to-date with the RIL Stock Liveblog, your trusted source for real-time updates and thorough analysis of a prominent ...
Quant Small Cap Fund increased stakes in RIL, Jio Financial in October; check latest details
The Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, strategically increased its investment in around 13 ...