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
Tanzil Asif joins elite Knight‑Wallace Fellows, spotlighting rural journalism
By Meena R. Prashant in Media News on Thursday, 21st May 2026 at 3:05pm
TODAY’S TEN: Telangana bonded labour shock, China squeezes Indian supply chains and more
By Staff Writer in Media News on Thursday, 21st May 2026 at 2:32pm
Veteran journalist Pradip Chakraborty’s demise an 'end of an era'
By Staff Writer in Media News on Thursday, 21st May 2026 at 2:19pm
Journalist attacked in Thiruvarur after accused mistook him for another reporter
By Pavithra in Media News on Thursday, 21st May 2026 at 1:31pm
Insider: LinkedIn, phone calls and homework:Griffin’s pitching advice
By Will McLennan in Media News on Thursday, 21st May 2026 at 11:45amSmall media fear getting screwed by social slush fund
By Staff Writers in Media News on Thursday, 21st May 2026 at 7:44am
Upfront: Labor tax blow-up, Bonds scream debt, PM faces Alice Springs.
By Staff Writers in Media News on Thursday, 21st May 2026 at 5:58am
Media news latest
Marcoms news latest