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
Journalist assaulted at petrol pump in UP’s Basti
By Staff Writer in Media News on Thursday, 26th March 2026 at 8:36pmUttarakhand journalists undertake five‑day Odisha press tour
By Staff Writer in Media News on Thursday, 26th March 2026 at 8:35pmSudhir Chaudhary turns film producer, announces ‘The Terror Report’
By Staff Writer in Media News on Thursday, 26th March 2026 at 8:34pmFOURTH RIGHT: Abusive, derogatory content does not qualify as journalism
By Pradeep Damodaran in Media News on Thursday, 26th March 2026 at 4:34pm
TODAY’S TEN: IIT-Delhi in QS top 50, India sets 2035 climate roadmap and more
By Meena R. Prashant in Media News on Thursday, 26th March 2026 at 3:52pm
Broadcasters urge TRAI, MIB to tighten STB norms amid DTH smuggling row
By Staff Writer in Media News on Thursday, 26th March 2026 at 3:00pm
Government, Google launch free AI skilling programme for media and creative professionals
By Staff Writer in Media News on Thursday, 26th March 2026 at 2:58pm
Media news latest
Marcoms news latest