India, Disney and Reliance

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.
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, 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.
Disney & Reliance Complete $8.5B Deal To Form Indian Entertainment Giant
Reliance will effectively be in control of the venture, owning 16.34% directly and another 46.82% through Viacom18, which is consolidated earlier this year. Disney will have the remaining 36.84%. Industry giant Reliance is planning to pump ₹ 11,
Reliance, Disney complete ₹70,352 crore media merger
Reliance Industries owns 16.34% stake in the JV, while its subsidiary Viacom18 holds 46.82% and Disney controls remaining 36.84% in the merged entity.
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