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
Bodhi Tree multimedia to develop Assam Government's official digital content platform
By Staff Writer in Media News on Friday, 26th June 2026 at 8:44pm
Su-Niti News crosses 1 Million viewership threshold on Instagram & Facebook
By Suganthi Marimuthu in Media News on Friday, 26th June 2026 at 8:28pm
Private FM radio expands reach, but ad revenue falls in Q4 FY26
By Staff Writer in Media News on Friday, 26th June 2026 at 8:04pm
Kolkata TV suddenly goes off-air, uncertainty looms over channel’s future
By Staff Writer in Media News on Friday, 26th June 2026 at 8:03pmMeet the journalist who saved the voices of the Samyukta Maharashtra movement
By Meena R. Prashant in Media News on Friday, 26th June 2026 at 7:07pm
Shiv Sena MP caught on camera threatening reporters, triggers journalist protests
By Meena R. Prashant in Media News on Friday, 26th June 2026 at 3:15pmTODAY’S TEN: Manipur blockade sends LPG to Rs 5,000, citizenship proof debate intensifies and more
By Staff Writer in Media News on Friday, 26th June 2026 at 2:53pm
Media news latest
Marcoms news latest