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: AI boosts blue-collar jobs, Hormuz closure stalls exports and more
By Staff Writer in Media News on Monday, 15th June 2026 at 3:24pm
Mental health month renews focus on journalists' emotional well-being
By Suganthi Marimuthu in Media News on Monday, 15th June 2026 at 3:07pm
Punjab & Haryana HC restrains coercive action against journalist Rattandeep Dhaliwal
By Staff Writer in Media News on Monday, 15th June 2026 at 12:57pm
Insider: Phones, Reviews and GadgetGuy - Button shares all
By Will McLennan in Media News on Monday, 15th June 2026 at 11:41amMedia bloodbath: What we now know, what we don't
By Staff Writers in Media News on Monday, 15th June 2026 at 7:45am
Upfront: Hanson leapfrogs Albo, Socceroos stun Türkiye, CGT revolt erupts.
By Staff Writers in Media News on Monday, 15th June 2026 at 5:50am
India TV announces new timing for ‘Aaj Ki Baat with Rajat Sharma’
By Staff Writer in Media News on Friday, 12th June 2026 at 10:52pm
Media news latest
Marcoms news latest