Breaking Reliance and Disney Announce Strategic Joint Venture

[Rajpatil98]

Star India private limited (SIPL)
Share holders(approx)

RIL - 57.04%
Bodhi tree - 6.12%
Disney - 36.84%

So will the new merged entity have the name of Star?? I guess that works very well, considering Paramount is not part of the new merged entity. Its high time for RIL to abandon the Viacom18 name/brand. They can even name the new entity as Star18 Group Pvt Ltd.

 

[PowerStar]

So will the new merged entity have the name of Star?

Merger entity will be Star India private limited with Viacom18 as majority stake holder and controlled by Reliance.

 

[Digital Mastermind]

What happens to Tata Play ???

Is 30% share of Disney Star not part of this ??? Or will there be a different agreement for that ?

 

[Uber]

Then we can watch india home cricket matches on star sports?

 

[SarfaRaZ]

What happens to Tata Play ???

Is 30% share of Disney Star not part of this ??? Or will there be a different agreement for that ?

it'll be different

 

[Aksgr]

So will the new merged entity have the name of Star?? I guess that works very well, considering Paramount is not part of the new merged entity. Its high time for RIL to abandon the Viacom18 name/brand. They can even name the new entity as Star18 Group Pvt Ltd.

Viacom name cant be used as paramount exits india

 

[Ashok Varma]

Jio Cinema: Films and webseries
Hotstar: Sports and Tv programs

Jio cinema: free content and Hotstar: paid comtent

 

[Aksgr]

2024 Q4 or 2025 Q1 is kept as merger completion date.

 

[PowerStar]

Viacom name cant be used as paramount exits india

According to Press Release

"Post completion of the above steps, the JV will be controlled by RIL and owned 16.34% by RIL, 46.82% by Viacom18 and 36.84% by Disney."

 

[Uber]

Any chance of india home cricket matches again on star sports?