7 Biggest highlights of the merger Rs 70,000 crore business
20 hours ago · TECH NEWS : Viacom18 and Star India have merged to create India's largest media and entertainment company, valued at over Rs 70,000 crore. The joint venture, back
Disney, Reliance Close Megadeal to Form Indian Entertainment Giant
1 day ago · As part of the deal, Paramount has completed the sale of its entire 13.01 percent equity stake in Viacom 18 Media to Reliance “for an aggregate purchase price of $508 million (which we expect to ...
Reliance and Disney Announce Completion of Transaction
1 day ago · Reliance Industries Limited (“RIL”), Viacom 18 Media Private Limited (“Viacom18”) and The Walt Disney Company (NYSE:DIS) ( “Disney”) today announced t
Reliance, Disney and Viacom18 complete ₹70,352 crore media
1 day ago · The merger integrates Viacom18’s media and JioCinema businesses into Star India Private Ltd (SIPL), forming a new joint venture. Nita Ambani will be the chairperson of the JV, with Uday Shankar, as vice chairperson, providing strategic guidance to the JV. Shares of Reliance Industries Ltd ended at ₹1,267.70, up by ₹15.45, or 1.23%, on the BSE.
Reliance and Disney finalise Viacom18 and Star India merger, …
1 day ago · Following the transaction, RIL holds a 16.34% stake in the joint venture, Viacom18 holds 46.82%, and Disney holds 36.84%.
Disney, Reliance Industries Close $8.5 Billion Merger - The Wrap
1 day ago · The completion of the $8.5 billion merger with Disney comes after Reliance bought out Paramount Global’s 13% stake in Viacom18 for ₹4,286 crore. As a result, Reliance holds a 70.49% stake in ...
Reliance, Walt Disney close $8.5 billion merger of Indian media …
1 day ago · The entertainment division will be led by Kevin Vaz, who is currently the top boss at Reliance's Viacom 18 Media. ... Reuters, the news and media division of Thomson Reuters, is the world’s ...
RIL, Viacom18 and Disney complete merger to create a Rs 70,352 …
1 day ago · Reliance Industries Limited, Viacom18, and The Walt Disney Company have finalized the merger of Viacom18's media and JioCinema businesses with Star India. The newly formed venture, valued at approximately US$8.5 billion, brings together popular brands like 'Star', 'Colors', 'JioCinema', and 'Hotstar' under a single umbrella.
Reliance And Disney Announce Strategic Joint Venture To ...
Feb 28, 2024 · As part of the transaction, the media undertaking of Viacom18 will be merged into Star India Private Limited (“SIPL”) through a court-approved scheme of arrangement. In addition, RIL has agreed to invest at closing ₹11,500 crore (~US$ 1.4 …
Paramount Global Sells Viacom18 Stake to Reliance for $517 ... - Variety
Mar 13, 2024 · Paramount Global has sold its 13% ownership stake in Indian TV and streaming company Viacom18 to Reliance Industries for $517 million. Reliance was already the majority owner of Viacom18. The pact...