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Disney, Reliance and India
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 and Disney seal $8.5 billion deal, merging India’s entertainment powerhouse with JioCinema, Hotstar, Star, and Colors
The Entertainment Division will include Reliance’s Colors TV channels and Disney’s Star network, while the Digital Division will bring together JioCinema and Hotstar under one umbrella
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.
Exchange 4 Media
20h
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 ...
2h
JioStar is Born: Reliance Jio and Disney Star Merge in Multi-Billion Dollar Deal
Viacom 18 Media Private Limited (Viacom18), and The Walt Disney Company have announced a joint venture. Check all the details ...
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