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…
Reliance Industries Ltd announced on September 28, 2024, that the Ministry of Information and Broadcasting has granted approval for the transfer of non-news and current affairs TV channel licenses from Viacom18 Media Private Limited to Disney’s Star India Private Limited. This decision follows an order issued on September 27, 2024, and is subject to conditions set by the Competition Commission…
The Mumbai bench of the National Company Law Tribunal (NCLT) has scheduled the final hearing for the merger of Walt Disney-owned Star India with Reliance Industries-owned Viacom18 on August 1. This decision follows the tribunal’s order dated July 11, which mandates both parties to issue a fresh notice of the final hearing to relevant authorities, including central and state governments, tax…
