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India, Disney and Reliance

Variety on MSN · 17h

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.

Reuters on MSN · 21h

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.

33m

Disney incurs $1.5-b impairment charge on Star India deal in FY24

Walt Disney reported a $1.5 billion impairment charge related to its Star India transaction, reflecting a fair value ...

Exchange 4 Media1d

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 ...

14h

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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