Disney-Reliance $8.5 Billion Media Merger Closes, Creating Indian Entertainment Powerhouse
Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion.
Reliance Disney eyes Hotstar, JioCinema merger to revolutionise Indian streaming
Uday Shankar, Vice Chairperson of the Reliance Disney Media Joint Venture, said that they are exploring a merger of two major platforms, Hotstar and JioCinema.
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 Close Megadeal 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, 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,
Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger
The head of Disney and Reliance Industries’ newly merged $8.5bn Indian entertainment titan plans to invest and “revitalise” television in the world’s most populous country even as western media organisations increasingly see it as a dying medium.
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.
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,
Reliance, Disney complete India media merger valued at $8.5 billion
Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse that will dominate the streaming and television markets in the world’s most populous nation.
Entertainment News Live Today November 15, 2024: Reliance, Disney finalise $8.5B merger of Indian assets; no clarity if JioCinema, Hotstar will merge into JioHotstar
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