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
Calcutta HC assures no coercive action against Anandabazar Patrika journalists
By Staff Writer in Media News on Friday, 04th September 2026 at 7:16pm
Punjab Congress promises better welfare facilities for journalists ahead of 2027 polls
By Staff Writer in Media News on Friday, 04th September 2026 at 7:10pm
The Hindu Hyderabad edition celebrates 50 years
By Staff Writer in Media News on Friday, 04th September 2026 at 7:02pm
Reporters covering Amit Shah's Delhi visit allege assault, illegal detention by police
By Meena R. Prashant in Media News on Friday, 04th September 2026 at 3:37pm
TODAY’S TEN: Four armies search for 966 missing workers, FSSAI weighs nationwide ban on non-dairy paneer and more
By Staff Writer in Media News on Friday, 04th September 2026 at 3:21pm
New ABMPP president Shivraj Katkar prioritises journalist welfare, accreditation and digital recognition
By Meena R. Prashant in Media News on Friday, 04th September 2026 at 3:03pmUpfront: Trust tax backflip, Hospitals warn bed-block, Housing crisis timeline.
By Staff Writers in Media News on Friday, 04th September 2026 at 5:49am
Media news latest
Marcoms news latest