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India, Disney and Reliance
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, 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,
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.
Exchange 4 Media
1d
Very happy about the deal with Reliance: Walt Disney CFO Hugh Johnston
Senior Executive Vice President and CFO of Walt Disney, Hugh Johnston, was speaking during the Disney earnings call on ...
Mint
16h
Kevin Vaz, Kiran Mani and Sanjog Gupta to head Reliance-Disney JV as CEOs
Mukesh Ambani’s
Reliance
Industries Ltd (RIL) and The
Walt
Disney
Co. announced on Thursday that they have completed ...
12h
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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