EU approves RIL-Disney merger
By Staff Writer in Media News on Monday, 04th November 2024 at 10:01pmThe European Union has approved the creation of Star India (SIPL), a collaboration between Reliance Industries, Walt Disney Company, and BTS Investment 1, according to BestMediaInfo. 
This approval is a crucial step towards finalising the deal that will merge the assets of Viacom18, StarPlus and JioCinema to create a robust entity of the two media giants, to compete against major players in the streaming sector.
The merged entity will possess over 100 television channels and two streaming platforms with over 750 million viewers across India.
Under the merger, Reliance Industries will hold a 63.16 per cent stake, and Disney will own 36.84 per cent.
Nita Ambani, chairperson of Reliance Foundation, will lead SIPL as its chairperson, while Uday Shankar, a former Disney executive...
To continue reading this article...
More Media News
Vigor Media Worldwide wins PR mandate for Vikram Roller Flour Mills
By Staff Writer in Media News on Friday, 09th January 2026 at 5:53pm
Gozoop Creative secured digital and creative mandate for CookieMan India
By Staff Writer in Media News on Friday, 09th January 2026 at 5:20pm
FOURTH RIGHT: Do you need a degree to be a journalist?
By Pragadish Kirubakaran in Media News on Friday, 09th January 2026 at 4:14pm
Two journalists attacked, robbed in Ranchi
By Staff Writer in Media News on Friday, 09th January 2026 at 1:28pm
How Priya Babu's TRC preserves and propels transgender voices in Madurai
By Meena R. Prashant in Media News on Friday, 09th January 2026 at 1:20pm
Panvel Taluka Journalists Development Forum elects new executive body
By Staff Writer in Media News on Thursday, 08th January 2026 at 8:15pm
Mangalwedha celebrates Journalists’ Day with a felicitation programme
By Staff Writer in Media News on Thursday, 08th January 2026 at 8:09pm
Media news latest
Marcoms news latest