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
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.
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.
Reliance, Disney India complete media assets merger for ₹70000 crore joint venture
Reliance Industries Limited (RIL) has completed the merger of its media assets with the India business of Walt Disney for an $8.5 billion ( ₹70,352 crore) joint venture (JV) that will be controlled by the Mukesh Ambani-led conglomerate.
Indian regulators give nod to Reliance and Disney's $8.5B joint venture
Reliance Industries Limited (RIL) and Disney (NYSE:DIS) have received final approvals from competition regulators based in Mumbai for their $8.5B Indian joint initiative, which will leverage over 100 TV channels and have access to over 50M subscribers on digital streaming platforms and a portfolio of sports rights,
Indian shares log sixth weekly losses in seven on dull earnings, foreign outflows
By Bharath Rajeswaran (Reuters) -Indian shares inched lower on Thursday, logging their sixth weekly loss in seven, as worries ...
Indian Political Parties Woo Women Voters With Cash Handouts Amid Economic Woes
Axis estimates the handout programmes by more than a third of India's 36 states or federal territories amount to an annual ...
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Indian Arrivals to the U.S. Surge Past 2023 Levels
In just the first 10 months of this year, Indian arrivals to the U.S. have already exceeded the total for 2023.
Indian shares, including Nifty 50, slip into correction as rate woes adds to sour sentiment
A wide swathe of the Indian shares, including the benchmark Nifty 50, slipped into correction territory on Wednesday as ...
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Wreck of World War II Ship Known as the ‘Dancing Mouse’ Discovered at the Bottom of the Indian Ocean
The USS “Edsall,” a 314-foot-long destroyer, fought off Japanese forces for more than an hour before sinking beneath the ...
Indian Gaming Market To Hit Rs 76,000 Crore, 66% Gamers From Small Towns: Report
The Indian gaming market has expanded from a metro-centric phenomenon in the 1990s to a national sensation, reaching rural ...
Eicher Motors leads rise in Indian shares
India's benchmark Nifty 50 index is set to open marginally higher on Thursday after sinking into correction territory in the ...
Indian American Kash Patel to replace FBI Director Christopher Wray? Here is what we know about Trump's new dream team
Kash Patel, an aide to President-elect Donald Trump, is expected to succeed FBI director Christopher Wray after January 20, ...