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

[avipersistent]

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.

I meant to say Reliance 51% now and 49% Star ( Post edited) and yes Bodhi Tree will have a nomination on the board having around 15% stake or so earlier.

 

[Aksgr]

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

No its clearly mentioned stake cash deal.
Under the current terms of agreement, possibly to be announced in January, a newly-formed unit of Reliance's Viacom18 is to absorb Disney's Star India through a share swap deal, the report added

Disney, Reliance working on terms of India media operations merger - ET

Reliance Industries , India's most valuable company, and Walt Disney Co are finalising details of a non-binding term sheet to merge their Indian media operations, the Economic Times reported on Tuesday citing executives involved in the deal.

www.reuters.com

 

[peter9]

Mukesh Ambani gets ready to challenge Netflix, Amazon Prime as India's richest man move a step towards...

Under the current terms of the agreement, possibly to be announced in January, a newly-formed unit of Reliance's Viacom18 is to absorb Disney's Star India through a share swap deal, the report added.

www.dnaindia.com

 

[SarFa]

No its clearly mentioned stake cash deal.
Under the current terms of agreement, possibly to be announced in January, a newly-formed unit of Reliance's Viacom18 is to absorb Disney's Star India through a share swap deal, the report added

Disney, Reliance working on terms of India media operations merger - ET

Reliance Industries , India's most valuable company, and Walt Disney Co are finalising details of a non-binding term sheet to merge their Indian media operations, the Economic Times reported on Tuesday citing executives involved in the deal.

www.reuters.com

Its a merger bro read properly

RIL, Disney ready term sheet to merge India operations

The plan, as of now, is to create a step-down subsidiary of RILs Viacom18, which will absorb Star India via a stock swap, said the people cited above. Reliance is pitching to be the larger shareholder with at least 51% in the merged company with Disney owning the residual 49%, they said. Both...

economictimes.indiatimes.com

 

[alec]

No its clearly mentioned stake cash deal.
Under the current terms of agreement, possibly to be announced in January, a newly-formed unit of Reliance's Viacom18 is to absorb Disney's Star India through a share swap deal, the report added

Disney, Reliance working on terms of India media operations merger - ET

Reliance Industries , India's most valuable company, and Walt Disney Co are finalising details of a non-binding term sheet to merge their Indian media operations, the Economic Times reported on Tuesday citing executives involved in the deal.

www.reuters.com

As part of the prospective collaboration, Walt Disney Co. is poised to grant the joint venture company an exclusive five-year licence for subscription video-on-demand (SVOD) content, featuring Disney+ originals and its extensive library. Further terms include a five-year lock-in, barring engagement with competitors and offering access to distribution channels and Jio Platforms under agreed conditions.

Url

Reliance and Disney in advanced talks for mega-merger in Indian media: Report

Both entities are reportedly finalising a non-binding term sheet to propel forward their plans for a merger, potentially establishing the largest media and entertainment conglomerate in the country.

www.businesstoday.in

 

[Ashok Varma]

As part of the prospective collaboration, Walt Disney Co. is poised to grant the joint venture company an exclusive five-year licence for subscription video-on-demand (SVOD) content, featuring Disney+ originals and its extensive library. Further terms include a five-year lock-in, barring engagement with competitors and offering access to distribution channels and Jio Platforms under agreed conditions.

Url

Reliance and Disney in advanced talks for mega-merger in Indian media: Report

Both entities are reportedly finalising a non-binding term sheet to propel forward their plans for a merger, potentially establishing the largest media and entertainment conglomerate in the country.

www.businesstoday.in

So Jio's competitor Airtel will lost Disney+hotstar OTT in combo packs to its broadband & mobile users after this merger as per above terms.

 

[Abhinav]

It is bringing too much control, market share, audience under one entity, if this goes ahead, CCI must scrutinize this merger and take effective measures to prevent abuse of dominance in the market and ensure competition won't be hindered.

 

[Ashok Varma]

RIL-Disney STAR's game changing merger in Indian Cricket

Reliance, Disney game-changing merger likely soon to dominate Indian market

Media Mega-Merger Alert: Mukesh Ambani's Reliance and Disney Star Secretly Crafting Game-Changing Deal for Indian Domination

www.insidesport.in

 

[Ashok Varma]

It is bringing too much control, market share, audience under one entity, if this goes ahead, CCI must scrutinize this merger and take effective measures to prevent abuse of dominance in the market and ensure competition won't be hindered.

Who can control duopoly in Telecom/4G/5G? TRAI or CCI?? soon duopoly in media, Disney Star-Viacom18 and Sony-Zee combines!

 

[dino29]

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

It is a merger buddy, i have been telling since long time that Disney will not exit India TV Broadcast or OTT business and Joint Venture route is being taken to expand as per evolving media landscape thereby dividing escalating content acquisition/production costs across genres and leverage each other's resources to improve content offerings while having sustainable business model.

In Joint Venture both companies infuse cash and shareolding is dependent on it as u can also read in the article, share swapping for investors wherein for existing shares they get equivalent value of shares for New Merged Company