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Reliance and Disney Complete Mega-Merger: Viacom18 and Star India Unite to Form Media Powerhouse in India
Digital Studio
|December 2024
Reliance Industries Limited (RIL), Viacom18 Media, and The Walt Disney Company have merged Viacom18's media and JioCinema businesses with Star India Private Limited (SIPL), creating a joint venture (JV) valued at approximately 70,352 crore (~US$8.5 billion).
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Named JioStar, this JV combines major Indian entertainment brands like 'Star' and 'Colors' across television and digital platforms, aiming to provide diverse content for audiences in India and globally.
This story is from the December 2024 edition of Digital Studio.
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