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
Prasar Bharati announces 8th annual e-auction of MPEG-4 slots on DD Free Dish
By Staff Writer in Media News on Wednesday, 25th February 2026 at 10:11pm
Estée Lauder appoints WPP as Global Media Agency amid strong Q2 performance
By Staff Writer in Media News on Wednesday, 25th February 2026 at 9:14pm
Wondrlab in Talks to Acquire Madison World
By Staff Writer in Media News on Wednesday, 25th February 2026 at 9:10pm
Jammu journalists visit Gujarat under PIB exchange programme
By Staff Writer in Media News on Wednesday, 25th February 2026 at 8:18pm
Aparna Ganesan: The journalist who turns climate stories into human stories
By Pragadish Kirubakaran in Media News on Wednesday, 25th February 2026 at 7:46pm
FOURTH RIGHT: Galgotias fiasco highlights importance of strategic communications
By Pradeep Damodaran in Media News on Wednesday, 25th February 2026 at 3:57pm
Kerala HC seeks Centre’s reply on Reporter TV licence misuse plea
By Staff Writer in Media News on Wednesday, 25th February 2026 at 4:14pmMedia news latest
Marcoms news latest