Nov 15, 03:40 PM

Reliance and Disney Complete $8.5 Billion Merger, Led by Uday Shankar, Integrating Viacom18, JioCinema, and Star India

Reliance Industries Ltd and The Walt Disney Company have finalized an $8.5 billion merger, creating a significant joint venture in the Indian entertainment sector. The merger includes the integration of Reliance's Viacom18 and JioCinema businesses with Disney's Star India. Uday Shankar, the vice chairperson of the newly formed entity, emphasized the focus on expanding streaming services to broader segments of Indian society. The deal is expected to enhance the combined entity's market presence and influence in the competitive landscape of Indian media and entertainment.

#Reliance Industries Ltd #The Walt Disney Company #Indian #Reliance #Viacom18 #JioCinema #Disney #Star India #Uday Shankar

Written with ChatGPT (GPT-4o mini).

Sources

IndiaToday@IndiaToday
2 years ago
#LIVE: Mega Reliance-Disney merger! #Exclusive chat with Uday Shankar | @szarabi #ITLivestream https://t.co/KeW630oCVt
IndiaToday@IndiaToday
2 years ago
Exclusive: The mega Reliance-Disney JV decrypted. Watch #MediaGiant #Merger #TechToday @aayush_a6 @szarabi https://t.co/0fZsPvfc9a
Economic Times@EconomicTimes
2 years ago
Reliance Industries Limited, #Viacom18, and The Walt Disney Company have finalized the merger of Viacom18's media and #JioCinema businesses with #StarIndia. #RIL https://t.co/CELVJl3tbq

Reliance and Disney Complete $8.5 Billion Merger, Led by Uday Shankar, Integrating Viacom18, JioCinema, and Star India

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