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India, Disney and Reliance
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 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 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, Walt Disney close $8.5 billion merger of Indian media assets
The companies said the newly formed divisions are entertainment, which houses Reliance's Colours TV channels and Disney's Star; digital, home to online streaming platforms JioCinema and Hotstar, and sports.
Disney, Reliance Close Mega-Deal 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 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,
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, digital streaming, and
TheWrap
11h
Disney, Reliance Industries Close $8.5 Billion Merger of Star India and Viacom18
Disney
and
India
’s Reliance Industries have completed an $8.5 billion merger of Star
India
and Viacom18. The joint ...
bovnews
1h
Disney’s (DIS) Stock Soars with Groundbreaking Partnership in India – What’s Next?
With its strong performance in the stock market and strategic moves in India’s booming entertainment sector, Disney is positioning itself for a prosperous future. As its joint venture with Reliance ...
AFAQS
1h
Disney Q4 revenues rise by 6%; Star India revenue down 37%
Walt
Disney
saw a 37% drop in Star
India
’s revenue for Q4 ending September 2024, down to $58 million from $92 million in ...
1h
on MSN
Bob Iger Has Hot Mic Moment on Disney Earnings Call After Accidentally Revealing Ad-Tier Streaming Numbers
Disney CEO Bob Iger had a hot-mic moment during the company’s fourth quarter earnings call for 2024 on Thursday after ...
brandequity.economictimes.indiatimes
2h
Disney Q4: Star India’s sports & Disney+ Hotstar see revenue decline
The Walt Disney Company reported a 37% decline in sports revenue from Star India in Q4, totaling $58 million for Q4 2024.
10h
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, ...
1d
on MSN
Walt Disney-owned Star India posts losses of Rs 12,548 cr, blames ICC media rights deal
Star India had secured the ICC TV and digital rights for $3 billion for a four-year period until 2027. However, the company ...
brandequity.economictimes.indiatimes
1d
Disney Star’s Devika Prabhu to move on after 16 years
Devika Prabhu, Business Head of Kids and Infotainment at Disney & Star India, is leaving after a 16 year stint with the ...
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