Key Points
Reliance Industries Limited, Viacom18 Media Private Limited, and The Walt Disney Company announced on Thursday that the merger of Viacom18's media and JioCinema businesses into Star India Private Limited (SIPL) is now officially effective...
This merger brings together some of Indias most recognized media brands, including Star and Colors in television, and digital platforms such as JioCinema and Hotstar..
The merger consolidates the media and JioCinema businesses of Viacom18 into Star India Private Limited (SIPL), creating one of Indias largest media entities...
Our deep creative expertise and relationship with Disney, along with our unmatched understanding of the Indian consumer will ensure unparalleled content choices at affordable prices for Indian viewers," he said.. Disney CEO Robert A. Iger expressed similar enthusiasm, noting the ventures potential to reshape entertainment options for Indian consumers..
As media consumption continues to move to an integrated TV-digital ecosystem, the merger of Viacom18 and Star India offers a unique opportunity to reorient the industry to better serve diverse cohorts of consumers across the country..
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