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
Bharat Express announces plans to restart Sahara across TV
By Staff Writer in Media News on Tuesday, 17th March 2026 at 5:32pm
FOURTH RIGHT: Was the DPDP Act designed to choke journalists, even PR professionals?
By Pradeep Damodaran in Media News on Tuesday, 17th March 2026 at 4:32pm
TODAY’S TEN: Maharashtra passes Freedom of Religion Bill, 650 Indians exit Iran via land borders and more
By Meena R. Prashant in Media News on Tuesday, 17th March 2026 at 3:33pm
KUWJ invites membership applications from working journalists
By Staff Writer in Media News on Tuesday, 17th March 2026 at 2:55pm
PIB Hyderabad to organise ‘vartalap’ workshop
By Staff Writer in Media News on Tuesday, 17th March 2026 at 2:50pm
Ryan says more to come from GamesHub Investigation
By Will McLennan in Media News on Tuesday, 17th March 2026 at 11:54amWallbank: “Exclusives are the currency of modern media”
By Will McLennan in Media News on Tuesday, 17th March 2026 at 11:53amMedia news latest
Marcoms news latest