Disney-Reliance $8.5 Billion Media Merger Closes, Creating Indian Entertainment Powerhouse ...Middle East

Variety - News
Disney-Reliance $8.5 Billion Media Merger Closes, Creating Indian Entertainment Powerhouse
source : Variety ( Middle East ) () 39
India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal combines Disney’s Star India with Reliance’s Viacom18 and streaming platforms JioCinema and Hotstar. Nita M. Ambani will chair the joint venture, with media veteran Uday Shankar serving as vice chair. […]

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