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
NRI journalist Harjinder Singh Basiala to receive King’s Service Medal
By Staff Writer in Media News on Friday, 02nd January 2026 at 4:35pm
Veteran journalist S. Krishnarao passes away
By Staff Writer in Media News on Friday, 02nd January 2026 at 4:34pm
FOURTH RIGHT: 128 journalists killed in 2025, 553 in prison for doing their job
By Pradeep Damodaran in Media News on Friday, 02nd January 2026 at 4:19pm
Ponguleti clarifies no difference between accreditation and media cards
By Staff Writer in Media News on Friday, 02nd January 2026 at 4:30pm
Veteran sports journalist Gouri Shankar Mitra passes away
By Staff Writer in Media News on Friday, 02nd January 2026 at 4:28pm
HAPPY NEW YEAR!
By Pragadish Kirubakaran in Media News on Thursday, 01st January 2026 at 7:27am
Dumka journalists protest after reporters assaulted
By Staff Writer in Media News on Wednesday, 31st December 2025 at 10:46pm
Media news latest
Marcoms news latest