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Disney+ Hotstar also known as Hotstar is an Indian subscription video-on-demand ... Hotstar and Jio Cinema ... and Disney agreed on a $8.5 billion merger of ...
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 ...
Paying roughly $3 billion each, Jio took the streaming rights, while Disney secured only the pay-TV rights. And when Jio streamed the IPL free of charge in 2023 it was able to undercut Star and ...
Disney Star, registered as Star India Private Limited is an Indian media conglomerate joint venture.Though Reliance Industries owns 16.34% of the joint venture, while Viacom18 holds 46.82% and Disney India 36.84%, the JV is controlled by Reliance Industries.
The companies said the newly formed divisions are entertainment, which houses Reliance's Colours TV channels and Disney's Star; digital, home to online streaming platforms JioCinema and Hotstar ...
On May 14, 2024, It was reported the deal between Disney and Reliance was approved by National Company Law Tribunal, with the JioCinema streaming service being moved to the Digital18 unit as part of the merger. [33] [34] On 28 August 2024, the CCI has approved the merger of Disney+ Hotstar with Viacom18. [35]
In October 2024, Employees of RIL revealed that Disney+ Hotstar and JioCinema will officially merge into a single platform. Back in February 2024, Reliance and Disney agreed on a $8.5 billion merger of their media assets. Nita Ambani will serve as the chairperson of the merged entity while Uday Shankar from Bodhi Tree Systems will be the vice ...
The next few weeks could shape the future of Walt Disney in the world’s most populous country. The Star India network was among the crown jewels Disney acquired when it bought most of 21st ...