Introduction: The Game-Changing Merger in Indian Media
In a bold move that’s shaking up the Indian media landscape, Reliance Industries, Viacom18, and The Walt Disney Company have officially merged their media and digital assets, forming a joint venture (JV) valued at a staggering ₹70,352 crore (~$8.5 billion). This merger brings together some of India’s most famous entertainment brands…
Recent valuations reveal a significant shift in the media landscape, with Disney+ Hotstar and JioCinema now surpassing their parent companies’ traditional linear TV businesses in value. According to documents reviewed by ET, leading valuation firms EY and BDO have appraised Viacom18 and Star India at impressive figures, highlighting the growing dominance of digital streaming platforms.
Valuation…

