Viacom18-Star merger completed after NCLT nod: RIL
1 day ago · The ₹70,352-crore merger transaction of Viacom18’s JioCinema and media businesses into Star India Pvt. Ltd. has been completed following approval from the National Company Law Tribunal, the ...
Reliance and Disney Announce Completion of Transaction
1 day ago · Reliance Industries Limited (“RIL”), Viacom 18 Media Private Limited (“Viacom18”) and The Walt Disney Company (NYSE:DIS) ( “Disney”) today announced t
Disney, Reliance Close Megadeal to Form Indian Entertainment Giant
2 days ago · As part of the deal, Paramount has completed the sale of its entire 13.01 percent equity stake in Viacom 18 Media to Reliance “for an aggregate purchase price of $508 million (which we expect to ...
Reliance’s Viacom18, Walt Disney India unit merge to create …
16 hours ago · Posted in Media, Latest News, South Asia Reliance’s Viacom18, Walt Disney India unit merge to create $8.5bn media giant . Reliance and its affiliates will own 63.16% of the combined entity, while Walt Disney will own the remaining 36.84%. by Staff Writer Fri 15 Nov 2024 Fri 15 Nov 2024.
Merger concludes! Viacom18-Star India valued at Rs 70,000 cr
1 day ago · Viacom18 and Star India have merged to create India's largest media and entertainment company. The new entity is valued at $8.5 billion. Reliance Industries and The Walt Disney Company received regulatory approvals for the merger. The combined company will be called Jio Star. Jio Star will have over 100 TV channels and …
RIL, Viacom18 and Disney complete merger to create a Rs 70,352 …
1 day ago · Reliance Industries Limited, Viacom18, and The Walt Disney Company have finalized the merger of Viacom18's media and JioCinema businesses with Star India. The newly formed venture, valued at approximately US$8.5 billion, brings together popular brands like 'Star', 'Colors', 'JioCinema', and 'Hotstar' under a single umbrella.
Reliance, Walt Disney close $8.5 billion merger of Indian media …
1 day ago · The entertainment division will be led by Kevin Vaz, who is currently the top boss at Reliance's Viacom 18 Media. ... Reuters, the news and media division of Thomson Reuters, is the world’s ...
Reliance And Disney Announce Strategic Joint Venture To Bring …
Feb 28, 2024 · As part of the transaction, the media undertaking of Viacom18 will be merged into Star India Private Limited (“SIPL”) through a court-approved scheme of arrangement. In addition, RIL has agreed to invest at closing ₹11,500 crore (~US$ 1.4 …
Paramount Global Sells Viacom18 Stake to Reliance for $517 ... - Variety
Mar 13, 2024 · Paramount Global has sold its 13% ownership stake in Indian TV and streaming company Viacom18 to Reliance Industries for $517 million. Reliance was already the majority owner of Viacom18. The pact...
RIL to merge Viacom18 with Disney's Star in $8.5bn deal - Times …
Feb 29, 2024 · RIL-owned Viacom18 will be merged with Walt Disney's local arm Star India, strengthening the Reliance's hold over the country's $28-billion media and entertainment industry. Reliance, along with Viacom18, will own 63% in the merged entity, …
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