Reliance Industries, or RIL, Viacom 18 Media and Disney (DIS) announced that following the approval by the Hon’ble NCLT Mumbai, Competition Commission of India and other regulatory authorities, the merger of the media and JioCinema businesses of Viacom18 into Star India Private,

With Reliance and Disney at the helm, the merger of Viacom18 and Star India positions the joint venture as one of India’s largest media entities, setting the stage for unprecedented growth and disrupt

India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal combines Disney’s Star India with Reliance’s Viacom18 and streaming platforms JioCinema and Hotstar.

Disney and Reliance Industries have completed the $8.5B deal to form a media and entertainment giant in India. This brings together Reliance’s JioCinema business with Disney’s Star India, which houses Disney+ Hotstar,

The $8.5 billion merger of Disney and Reliance Industries was completed on Thursday with Nita Ambani taking over as the Chairperson of the joint venture.

Reliance, Disney, and Viacom merge to create a media powerhouse with significant bargaining power in India's entertainment industry.

Disney merger has established the leading media and entertainment conglomerate in India. The combined entity will feature more than 100 TV channels and two streaming platforms.