Mukesh Ambani’s Reliance Jio has introduced JioStar, an innovative OTT platform born from the merger of JioCinema and Disney+ Hotstar. The $8.5 billion venture unites Reliance’s Viacom18 and Disney Star, with Reliance holding a 46.82% stake, Disney owning 36.84%, and other stakeholders holding the remainder. The platform, chaired by Nita Ambani, signals a significant shift Read More…
Tag: Disney
RIL-Disney Mega Merger: A Game-Changer in India’s Media Landscape
New Delhi: In a groundbreaking move, the Competition Commission of India (CCI) has given provisional approval to a massive Rs 70,350 crore merger involving Reliance Industries Limited (RIL) and its media arms Viacom18 Media Pvt Ltd (Viacom18) and Digital18 Media Limited with The Walt Disney Company’s (TWDC) Star Media Private Limited (SIPL) and Star Television Read More…