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.
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),
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.
Reliance-Disney merger complete; 3 CEOs take charge
The joint venture will be spearheaded by three CEOs - Kevin Vaz, Kiran Mani and Sanjog Gupta across entertainment, digital, and sports respectively.
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.
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 $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,
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 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.
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Reliance, Disney and Viacom18 form $8.5 bn JV ushering in a new era for Indian entertainment
Nita Ambani will be the chairperson of the JV. PTI Mumbai/Burbank, California: Reliance Industries Limited, Viacom 18 ...
gadgets36014h
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 ...
Business Line13h
Reliance-Disney complete merger to create $8.5-billion JV
Reliance Industries (RIL), the Walt Disney Company and Viacom 18 Media Private Ltd formally announced the merger of their ...
moneycontrol.com4y
Viacom 18 Motion Pictures
The challenge for IIM Ahmedabad is to devise a business plan for Viacom 18 Motion Pictures to market Bollywood films globally, increase audience size thereby increasing the revenue earned from ...
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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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Jio Star: Will the New Platform Outshine Netflix and Amazon Prime?
News: With the merger of Walt Disney's Disney Star and Reliance Industries' Viacom 18 to form a joint venture called ...
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Viacom 18 bags BCCI media rights in both digital and TV for next five years
Mumbai, Viacom 18 has bagged the BCCI media rights in both TV and digital for the next five years, announced Jay Shah, the BCCI Honorary Secretary. Viacom18 beat competition from Sony Sports ...