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
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. The combined company will be called Jio Star. Jio Star will have over 100 TV channels and two streaming platforms, JioCinema and Hotstar.








