DISNEY RELIANCE ENTITY

Sony Pictures Entertainment (SPE) is in discussions for potential merger and acquisition deals in India following the collapse of its merger deal with Zee Entertainment. The deal between Sony Pictures Networks India (SPNI) and Zee couldn't go throug...

Reliance Industries, led by billionaire Mukesh Ambani, has sought approval from the Competition Commission of India (CCI) for an $8.5 billion merger between Viacom18 and Star India Pvt Ltd (SIPL). The merger aims to combine the entertainment busines...

Reliance Industries and Walt Disney have applied for antitrust clearance for their $8.5 billion media merger in India, arguing that their combined influence, particularly in cricket broadcasting, will not negatively impact advertisers. The deal, ann...

The merger scheme has two stages: the transfer of Viacom18's TV and streaming assets to Digital18 and the demerger and vesting of these assets from Digital18 to Star India. As consideration for the scheme, Viacom18 will transfer streaming platform J...

Paramount Global's recent sale of its 13.01% stake in Viacom18 to Reliance Industries has allowed the company to exit its Indian joint venture with a profitable return on investment. Paramount fully divested from Viacom18 for ₹4,286 crore, while con...

Media giant Viacom18, backed by Reliance Industries Ltd., is set to become a powerhouse in India's media and entertainment industry. With a focus on streaming and digital offerings, Viacom18 aims to compete with tech giants like YouTube and Meta Pla...

Reliance Industries has agreed to purchase Paramount Global's 13.01% stake in Viacom 18 Media for about Rs. 4,286 crore, as reported in a regulatory filing by RIL. This acquisition will increase Reliance's equity stake in Viacom18 to 70.49% on a ful...

Mounting losses from the Indian sports business and the decline in Disney+ Hotstar's subscribers due to the loss of the Indian Premier League (IPL) digital rights had compelled Disney to consider strategic options for its India business. RIL's Viaco...

The proposed merger of Walt Disney and Reliance in India faces antitrust scrutiny over market power, particularly in cricket. Concerns arise over the advantage the entity will have on raising prices for advertisers. Assessment on the TV side could b...

Walt Disney is forecast to record non-cash pre-tax impairment charges of $1.8 billion to $2.4 billion for the quarter ending March 31, primarily due to Star India's net asset and goodwill write-down at the entertainment linear network's reporting un...

The Rs 70,352 crore ($8.5 billion) merged entity, in which RIL will infuse Rs 11,500 crore, will have a viewership share of more than 40%, enabling it to secure premium advertising rates and consumer average revenue per user (ARPU), they said. The f...

If one thing can define the entrepreneurial style of India's richest businessman, it's scale. Ambani has a penchant for creating humongous businesses with an amazing sweep across the country's 140 crore population.

The operations of Disney India reveal a great deal about this. Disney's India business contains television assets including more than 70 channels across eight languages, sports properties (cricket, football and Kabaddi), film studio, licensed mercha...

Reliance Industries and Viacom18 have partnered with Disney to create a Rs 70,000 crore broadcast network, posing challenges for debt-ridden Zee Entertainment Enterprises. The company faces weakened competitive position, reduced bargaining power, to...

Indian billionaire Mukesh Ambani's Reliance Industries and Walt Disney Co. sign an $8.5 billion agreement for a merger, forming a dominant media giant in India. Reliance controls over 60% of the new entity, securing a powerful position in India's en...

Walt Disney's Star India will merge with Reliance Industries' Viacom18 to create India's biggest media and entertainment business valued at $8.5 billion. Mukesh Ambani and Bob Iger will lead the merged entity. The venture will have exclusive rights ...

Nita Ambani, founder and chair of the Reliance Foundation, is likely to be appointed chair of the board when Reliance Industries and Walt Disney merge their India media assets. The deal will strengthen Reliance's hold over India's media and entertai...

Reliance Industries issued a statement on stock exchanges, refusing to comment on media speculation about its reported merger deal with Disney. The clarification mentioned the company's ongoing evaluation of opportunities, stating that there is no u...

Reliance Industries and Walt Disney have signed a binding agreement to merge Viacom18 and Star India, creating India's largest media empire. The deal is expected to be announced this week, spanning TV broadcasting, streaming, movies, and sports. Rel...