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
TODAY'S TEN: Air quality continues to plummet across India, no respite in sight
By Pradeep Damodaran, Pragadish Kirubakaran and Meena R Prashant in Media News on Monday, 15th December 2025 at 4:00pm
402 journalists received government financial aid between 2014 and 2025
By Staff Writer in Media News on Monday, 15th December 2025 at 3:55pmApproach Communications wins PR mandate for Ramashree Harmony Music
By Staff Writer in Media News on Monday, 15th December 2025 at 3:53pm
Science Communicators join forces to advocate for safe digital space for children
By Will McLennan in Media News on Monday, 15th December 2025 at 11:43amABC Radio Perth to switch to FM in 2026
By Staff Writer in Media News on Monday, 15th December 2025 at 10:17am
THE BRIEF: Massacre
By Tony Bosworth in Media News on Monday, 15th December 2025 at 6:19am
Media news latest
Marcoms news latest