Breaking Reliance and Disney merger approved by CCI

[Deep Mody]

The deal approved seems different from the announced.
Previously it was for dissolving viacom18 and transferring to digital 18 and then digital18 will be absorbed to star india

Its not different, its exactly the same as u have said

https://nclt.gov.in/gen_pdf.php?filepath=/Efile_Document/ncltdoc/casedoc/2709138099322024/04/Order-Challenge/04_order-Challange_004_1725017452194037754966d1ad6cf219a.pdf

 

[Deep Mody]

NCLT sanctions Star-Viacom18 merger scheme after CCI clearance

The Mumbai bench of the National Company Law Tribunal has approved the merger between Star India and Reliance Industries Limited's Viacom18, post the Competition Commission of Indias conditional nod. This merger will form India's largest media entity, incorporating several TV channels and...

economictimes.indiatimes.com

After CCI, NCLT Mumbai clears merger deal between Viacom18 and Star India

The Mumbai bench of NCLT has approved the merger of RIL's Viacom 18 and The Walt Disney's Star India, creating the largest media house in India. This follows the Competition Commission of India's approval. Reliance will hold a 63.16% stake, while Walt Disney will hold 36.84%. The venture will...

economictimes.indiatimes.com

 

[Jaffer7080]

IMO After entire merger process completes both the broadcasters will fight for who will be the ceo? like sony-zee.

 

[Divyam]

IMO After entire merger process completes both the broadcasters will fight for who will be the ceo? like sony-zee.

Nita Ambani will be the ceo already decided sony zee fought for ceo because there were legal issues going on with Punit goenka because of which sony was not agreeing on

 

[SarFa]

IMO After entire merger process completes both the broadcasters will fight for who will be the ceo? like sony-zee.

Before Announcement all 10 Members Post is decided.
The new board will have 10 members, with RIL nominating five, Disney three, and two independent directors

Nita Ambani will assume the role of Chairperson of the merged entity, with former Walt Disney executive Uday Shankar, joining as Vice Chairperson.

 

[Aksgr]

IMO After entire merger process completes both the broadcasters will fight for who will be the ceo? like sony-zee.

Disney will not do like sony . They will bend now that everything is settled

 

[Sankalp]

Exactly i agree with your pin point now we wait and see how sony will survive on this gaint tide. Monopoly is not good for media.

 

[Jaffer7080]

After merger Disney-Star viacom18 will be largest network. Zee can survive any how but for sony its too difficult to survive. Either sony can go with zee or they should merge with sun network.

 

[Divyam]

After merger Disney-Star viacom18 will be largest network. Zee can survive any how but for sony its too difficult to survive. Either sony can go with zee or they should merge with sun network.

Zee is also in losses they need a partner as soon as possible sony can still survive

 

[Jaffer7080]

Zee is also in losses they need a partner as soon as possible sony can still survive

From 1995 zee is in tv industry without any partnership with other broadcasters. From 1995 to 2006 zee handled everything perfectly with only movie channel zee cinema they know how to survive.