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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 ...
The brand was introduced as Hotstar for a streaming service carrying content from Disney Star's (formerly Star India) local networks, including films, television series, live sports, and original programming, as well as featuring content licensed from third parties such as Showtime among others.
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 ...
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]
Disney acquired Indian streaming service Hotstar and Star TV channels, a household name in India, when it paid $71 billion for some 21st Century Fox global assets in 2019.
Sports18 Network is a group of Indian multinational pay television sports channels operated by JioStar, a joint venture between Reliance Industries, its subsidiary Viacom18 and Disney India. Initially launched by Viacom18 on 15 April 2022, [ 1 ] [ 2 ] the channel currently holds rights of flagship tournaments like ATP Tour Masters 1000 , BWF ...
(Reuters) - Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its ...
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 ...