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Reliance, Disney finalise $8.5B merger of Indian assets
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.
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.
Reliance, Disney finalise $8.5B merger of Indian assets; no clarity if JioCinema, Hotstar will merge into JioHotstar
The $8.5 billion merger of Disney and Reliance Industries was completed on Thursday with Nita Ambani taking over as the Chairperson of the joint venture.
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5 Takeaways From The Disney-Reliance Merger, Including Hotstar Subscribers Impact
The merger creates the largest media group in India, with streaming platforms JioCinema and Hotstar combining for 100+ ...
Exchange 4 Media
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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 ...
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