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…
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…
