Breaking Disney exploring options to sell or join venture Disney Star India Business

[Aksgr]

So it's a joint venture

No its not a JV. Its now RIL company if deal goes through.
Viacom18 will be sucking in Disney star.

 

[Abhinav]

"While mergers and acquisitions have happened earlier, there has been nothing of such a big scale," says Shrikant Shenoy, associate vice president, Lodestar UM, a media buying agency.

Combine the broadcast (Star Plus, among 70 channels), digital (Disney+ Hotstar), and studio assets (Fox Star) of Disney with the 58 news and entertainment channels, digital properties, and the film studio that Network18 owns.

You will end up with a media conglomerate that would have a 32 per cent share of all TV viewership in India. That scale is something that could be looked at in various ways.

Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube.
'This level of consolidation does not exist even in the US.'

If Ambani Buys Disney Star...

Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'

www.rediff.com

 

[alec]

No its not a JV. Its now RIL company if deal goes through.
Viacom18 will be sucking in Disney star.

Look

 

[alec]

View attachment 60705

 

[Raju lal]

So Star is going to be an Indian Company.

 

[avipersistent]

No its not a JV. Its now RIL company if deal goes through.
Viacom18 will be sucking in Disney star.

No its a merger with likely controlling stake of 51 % Reliance and 49 % from Star ( Depends on cash injected) with the junior shareholder having equal rights with both putting the equity and not buying each other through cash after sign of non binding term sheet followed by due diligence and valuation exercise . Equal number of directors on the board and one from Bodhi Tree . Both likely to infuse capital of around 1-1.5 billion dollars . Merger to be announced ASAP January -24 .

Note : Jiocinema and other contents from Viacom available to Star and Vice -versa

 

[mss]

Both companies will buy others equity and make merged entity.

 

[Ashok Varma]

No its a merger with likely controlling stake of 51 % Viacom and 49 % from Star ( Depends on cash injected) with the junior shareholder having equal rights with both putting the equity and not buying each other through cash after sign of non binding term sheet followed by due diligence and valuation exercise . Equal number of directors on the board and one from Bodhi Tree . Merger to be announced ASAP January -24 .

Note : Jiocinema and other contents from Viacom available to Star and Vice -versa

If Viacom18 might have 51%, then RIL can hold upto 38.25% only as against 49% of Disney in new JV. RIL and TV18 have 75%, Bodhi have 15% and Paramount have 10% in Viacom18 now.

 

[praks001]

It seems like the ESPN-Star Agreement for Sports Broadcasting like in the late 90s.

 

[SarFa]