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Mammoth #media conglomerate.
#Viacom18 and #StarIndia have #merged to create #India's #largestmediaentertainmentcompany
New entity is valued at $8.5 billion
#RelianceIndustries and #TheWaltDisneyCompany received regulatory approvals for the merger.
The combined company will be called #JioStar
Will have over 100 #TVchannels
And two #streaming platforms #JioCinema #Hotstar.
https://economictimes.indiatimes.com/industry/media/entertainment/merger-concludes-viacom18-star-india-valued-at-rs-70000-cr/articleshow/115310423.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
#Viacom18 and #StarIndia have #merged to create #India's #largestmediaentertainmentcompany
New entity is valued at $8.5 billion
#RelianceIndustries and #TheWaltDisneyCompany received regulatory approvals for the merger.
The combined company will be called #JioStar
Will have over 100 #TVchannels
And two #streaming platforms #JioCinema #Hotstar.
https://economictimes.indiatimes.com/industry/media/entertainment/merger-concludes-viacom18-star-india-valued-at-rs-70000-cr/articleshow/115310423.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Merger concludes! Viacom18-Star India valued at Rs 70,000 cr
Viacom18 and Star India have merged to create India's largest media and entertainment company. The new entity is valued at $8.5 billion. Reliance Industries and The Walt Disney Company received regulatory approvals for the merger.ET Bureau (Economic Times)
