Connect with us

Entrepreneur Stories

Reliance, Viacom18, and Disney Complete Merger to Form ₹70,352 Crore Joint Venture!

Published

on

Reliance, Viacom18, and Disney Complete Merger to Form ₹70,352 Crore Joint Venture!

The much-anticipated merger of Reliance Industries Limited (RIL), Viacom18, and The Walt Disney Company’s media and digital assets has officially taken shape, creating a joint venture (JV) valued at ₹70,352 crore (approximately $8.5 billion). This transformative partnership brings together some of India’s most iconic television and digital brands, including Star, Colors, JioCinema, and Hotstar, into a single entity poised to dominate the media and entertainment landscape.

Regulatory Approvals and Details of the Merger

The merger received approvals from the National Company Law Tribunal (NCLT), the Competition Commission of India (CCI), and other regulatory authorities. The JV excludes anticipated synergies in its valuation and marks a significant milestone in the evolution of India’s media sector. The transaction is seen as a strategic move to consolidate resources and enhance content offerings in a highly competitive market.

Investment and Ownership Structure

Reliance Industries Limited invested ₹11,500 crore (~$1.4 billion) into the JV to drive growth and innovation. The post-merger ownership structure stands as follows:

  • RIL: 16.34%
  • Viacom18: 46.82%
  • Disney: 36.84%

Additionally, RIL acquired Paramount Global’s 13.01% stake in Viacom18 for ₹4,286 crore, restructuring ownership within Viacom18 to:

  • RIL: 70.49%
  • Network18 Media & Investments Ltd.: 13.54%
  • Bodhi Tree Systems: 15.97% (fully diluted).

A Media and Entertainment Powerhouse

The newly formed JV will operate over 100 television channels, producing an annual output of more than 30,000 hours of content. Its digital platforms, JioCinema and Hotstar, collectively boast a subscriber base exceeding 50 million. The JV also holds an impressive portfolio of sports broadcasting rights, covering cricket, football, and other major events.

Content Strategy

By combining resources from both Viacom18 and Disney, the JV aims to enhance its content library significantly. This includes leveraging popular franchises and exclusive sports rights to attract a broader audience across various demographics.

Leadership and Vision

Nita M. Ambani will serve as Chairperson of the JV, with Uday Shankar as Vice Chairperson, providing strategic guidance. Other key leaders include:

  • Kevin Vaz (Entertainment)
  • Kiran Mani (Digital Operations)
  • Sanjog Gupta (Sports)

The JV’s pro forma combined revenue for FY 2023-24 is estimated at approximately ₹26,000 crore (~$3.1 billion), cementing its position as one of India’s largest media and entertainment companies.

Leadership Insights

Mukesh D. Ambani, Chairman & Managing Director of Reliance Industries Limited, called the merger a “transformational era” for Indian media. He stated, “Our collaboration with Disney and deep understanding of Indian audiences will provide unparalleled content choices at affordable prices.”

Robert A. Iger, CEO of The Walt Disney Company, expressed enthusiasm for expanding in India’s critical media market: “This JV will offer a robust portfolio of entertainment, sports content, and digital services, benefiting millions of viewers.”

Global and Local Impacts

The JV’s global significance is underscored by approvals from antitrust authorities in the EU, China, Turkey, South Korea, and Ukraine, alongside India’s CCI. This extensive regulatory approval reflects the merger’s strategic importance on both local and international fronts.

A Transformative Future

The merger not only reshapes the Indian media industry but also strengthens the global footprint of the entities involved. With strong leadership, a massive content portfolio, and innovative strategies, the JV is set to revolutionize entertainment in India and beyond.

Future Challenges

While the merger presents numerous opportunities for growth and innovation, it also poses challenges related to integrating two distinct corporate cultures and managing overlapping content strategies effectively.

Conclusion

The completion of this monumental merger between Reliance Industries Limited, Viacom18, and Disney marks a new chapter in India’s media landscape. By combining their strengths and resources into a single powerhouse entity, they aim to redefine entertainment consumption in India while expanding their influence globally.

As this joint venture progresses, it will be closely watched by industry stakeholders for its impact on content diversity, viewer engagement strategies, and overall market dynamics in the rapidly evolving media sector.

Continue Reading
Advertisement
63 Comments

63 Comments

  1. droversointeru

    December 30, 2024 at 7:40 am

    After research just a few of the blog posts on your website now, and I really like your approach of blogging. I bookmarked it to my bookmark website record and will be checking again soon. Pls try my web site as well and let me know what you think.

  2. neue porn

    February 1, 2025 at 1:56 pm

    I aam gednuinely thankful to tthe owner off this web sitye
    wwho hhas shared this wonderful paragraph at here.

  3. xnxx

    February 25, 2025 at 6:43 am

    Outstanding post however I wwas wondering iif you coiuld wreite a littee more on thgis subject?

    I’d bee vewry thankful iff yoou could eoaborate a little biit more.
    Apprteciate it!

  4. jav

    February 27, 2025 at 2:57 pm

    Excellenmt pieces. Keepp possting suhh kibd off inforation on yoir blog.
    Im really impressed by yoyr blog.
    Hello there, You’ve donne an increcible job. I’ll certainy diogg it andd iin mmy vieww recommnd to myy friends.
    I aam confidejt they’ll bbe benetited from thus web site.

  5. Alice

    March 1, 2025 at 6:55 pm

    vmMhzazu gwl VSAh QLzNS

  6. Jules Saale

    March 5, 2025 at 12:19 am

    I think you have remarked some very interesting points, thankyou for the post.

  7. toronto black car service

    March 7, 2025 at 7:44 pm

    Thanks , I have recently been looking for info approximately this subject for ages and yours is the greatest I have came upon till now. But, what concerning the conclusion? Are you certain in regards to the supply?

  8. toronto airport limo

    March 7, 2025 at 9:02 pm

    This is very interesting, You are a very skilled blogger. I have joined your feed and look forward to seeking more of your wonderful post. Also, I have shared your site in my social networks!

  9. TestUser

    March 9, 2025 at 4:49 am

    gWtf fYDeDQG QtHki VYjjS KVp CCdic jGckDxF

  10. louisiana registered agent service

    March 11, 2025 at 1:21 am

    I cling on to listening to the news update speak about receiving boundless online grant applications so I have been looking around for the most excellent site to get one. Could you tell me please, where could i acquire some?

  11. process serving company baton rouge

    March 11, 2025 at 4:02 am

    I likewise conceive hence, perfectly indited post! .

  12. airport diner delivery

    March 11, 2025 at 7:10 am

    Greetings! This is my 1st comment here so I just wanted to give a quick shout out and say I truly enjoy reading your articles. Can you recommend any other blogs/websites/forums that go over the same topics? Many thanks!

  13. gomedhikam

    March 12, 2025 at 8:02 pm

    Wow! Thank you! I continuously wanted to write on my blog something like that. Can I include a fragment of your post to my site?

  14. gomedhikam

    March 12, 2025 at 8:58 pm

    I will immediately grab your rss as I can not find your e-mail subscription link or e-newsletter service. Do you have any? Please let me know in order that I could subscribe. Thanks.

  15. zoritoler imol

    March 25, 2025 at 9:07 am

    I think you have noted some very interesting points, thankyou for the post.

  16. ซีรี่ย์ฝรั่ง

    March 31, 2025 at 3:46 am

    Hey, you used to write fantastic, but the last several posts have been kinda boring… I miss your super writings. Past few posts are just a little out of track! come on!

  17. ดูซีรี่ย์ฝรั่ง

    March 31, 2025 at 6:40 am

    Some truly nice and utilitarian information on this web site, likewise I conceive the layout holds fantastic features.

  18. droversointeru

    March 31, 2025 at 6:47 am

    Wow, fantastic blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your website is great, let alone the content!

  19. drover sointeru

    April 3, 2025 at 3:12 am

    The following time I learn a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to learn, however I truly thought youd have something interesting to say. All I hear is a bunch of whining about one thing that you may fix when you werent too busy on the lookout for attention.

  20. Soccer Streaming Website

    April 6, 2025 at 2:14 pm

    I will immediately take hold of your rss feed as I can’t find your email subscription link or newsletter service. Do you’ve any? Please allow me recognize in order that I could subscribe. Thanks.

  21. Boxing Matches Online

    April 7, 2025 at 1:26 pm

    There is apparently a lot to identify about this. I believe you made various nice points in features also.

  22. Prince Salafia

    April 10, 2025 at 5:46 pm

    Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me. Anyways, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!

  23. Glennis Oiler

    April 11, 2025 at 12:45 am

    I always was concerned in this subject and stock still am, regards for putting up.

  24. drover sointeru

    April 12, 2025 at 9:00 pm

    great post.Ne’er knew this, appreciate it for letting me know.

  25. my swiss mail address

    April 17, 2025 at 5:02 am

    Very nice post. I simply stumbled upon your weblog and wanted to say that I have really loved browsing your weblog posts. In any case I’ll be subscribing on your rss feed and I am hoping you write again soon!

  26. ga4 datalayer

    April 23, 2025 at 8:43 pm

    Thanks a bunch for sharing this with all folks you really recognize what you’re speaking about! Bookmarked. Kindly also discuss with my site =). We will have a hyperlink trade contract between us!

  27. zoritoler imol

    April 28, 2025 at 11:06 pm

    As a Newbie, I am always exploring online for articles that can aid me. Thank you

  28. event management

    May 6, 2025 at 1:22 pm

    You are my aspiration, I own few web logs and occasionally run out from post :). “Fiat justitia et pereat mundus.Let justice be done, though the world perish.” by Ferdinand I.

  29. Jitle

    May 9, 2025 at 1:50 pm

    Happy to join conversations, exchange ideas, and learn something new as I go.
    I’m interested in understanding different opinions and adding to the conversation when possible. Always open to different experiences and meeting like-minded people.
    Here’s my web-site:https://automisto24.com.ua/

  30. Airport Transfer Dubai Rolls Royce

    May 22, 2025 at 7:55 pm

    We are dedicated to providing quality Luxury airport transfers, including comfortable and reliable Rolls Royce Airport transfer services. We service all over Dubai city.

  31. miami party bus

    May 23, 2025 at 10:41 pm

    Find the ideal party bus for your next event in Miami. We offer a wide range of rental options, from fun, vibrant buses to luxurious, elegant ones. Celebrate in style and make lasting memories with the perfect ride for your event.

  32. party bus in miami

    May 23, 2025 at 10:43 pm

    Dive into Miami’s party bus scene with varied rental options and services. Browse party buses in Miami, FL, for your next event. Discover stylish and convenient transportation solutions to elevate your celebration experience in Miami.

  33. Maryland charter bus

    May 23, 2025 at 10:44 pm

    Maryland’s top choice for group transportation, the charter bus service offers motor coaches for seamless travel across Maryland and DC. Specializing in accommodating groups, they provide reliable motor coach transportation for efficient and comfortable journeys throughout the region.

  34. With Airport Transfers Bahamas, your comfort and safety are our priorities. Our luxury fleet is meticulously maintained to offer an elegant, worry-free travel experience every time.

  35. Airport To Rosewood Baha Mar

    May 23, 2025 at 10:45 pm

    Nassau Airport to Rosewood Baha Mar – We’re excited to be able to provide professional transportation services from Nassau Airport to Rosewood Baha Mar and Paradise Island!

  36. Nassau Airport Shuttle to Atlantis

    May 23, 2025 at 10:46 pm

    Book our Nassau Airport Shuttle to Atlantis for reliable Nassau Bahamas shuttle services. Experience affordable, family-friendly, and luxury transportation to Atlantis Paradise Island.

  37. dubai chauffeur services

    May 23, 2025 at 10:46 pm

    It’s one of the most luxurious destinations in the world, and when you want to get around this captivating city, it pays to book a chauffeur!

  38. Upgrade your experience with wedding luxury car services Dubai for a grand arrival. Whether you need a luxury car service for special events in Dubai or a stylish city transfer, we provide unmatched luxury.

  39. Niagara Falls Airport Shuttle

    May 23, 2025 at 10:47 pm

    Our airport taxi service in Niagara Falls ensures comfortable travel to Pearson, Buffalo, and Hamilton Airports. Enjoy reliable transfers from Niagara Falls to Toronto Airport, Niagara-on-the-Lake, and Billy Bishop Airport, making your journey smooth and hassle-free.

  40. peterborough to pearson airport shuttle

    May 23, 2025 at 10:48 pm

    Book your ride with Airport Shuttle Peterborough for dependable, affordable transportation to Pearson Airport. Whether you need a Peterborough to Pearson airport shuttle or a Peterborough to Toronto airport shuttle, we provide timely, comfortable services with competitive pricing. With Coach Canada airport shuttle Peterborough, we ensure a smooth journey every time.

  41. Arrive in style with an executive car service from Buffalo Airport to Burlington or an affordable taxi from Buffalo Airport to Burlington. We also offer luxury limo from Buffalo Airport to Burlington for an exclusive travel experience.

  42. Muskoka to Billy Bishop Airport Taxi

    May 23, 2025 at 10:49 pm

    For a smooth journey, choose our Muskoka to Billy Bishop Airport Taxi service. Our Airport Taxi Muskoka ensures on-time pickups and drop-offs. Whether you need a Muskoka to Pearson Airport Car Service or Toronto Pearson to Muskoka Private Car Service, we offer the best rates.

  43. Experience exclusive Airport Mercedes Sprinter Transfers in Chicago. Our premium service ensures comfort and style for group travels. Whether it’s for business or leisure, enjoy personalized transportation solutions tailored to your needs and preferences.

  44. Experience convenient Long Beach Airport Shuttle Service to and from various locations, including Los Angeles, Orange, Riverside, and San Bernardino Counties. We also provide pickups from Rancho Cucamonga, Upland, Ontario, and other nearby cities for a hassle-free travel experience.

  45. taxi

    June 6, 2025 at 6:17 am

    Some genuinely interesting information, well written and generally user genial.

  46. osqvp

    June 8, 2025 at 6:54 am

    cost generic clomid prices where buy generic clomid price how can i get clomid pill can you get cheap clomiphene for sale get generic clomid pills buying clomiphene price where buy cheap clomid without dr prescription

  47. buy viagra cialis uk

    June 9, 2025 at 7:00 am

    With thanks. Loads of conception!

  48. can u take flagyl and diflucan together

    June 11, 2025 at 1:11 am

    This is a theme which is in to my heart… Myriad thanks! Faithfully where can I upon the connection details in the course of questions?

  49. VIP Bachelor Party Limo

    June 12, 2025 at 4:27 pm

    Party like never before with our Miami Bachelor Party Bus Rental. From elegant Miami Bachelor Party Limo rides to dynamic Bachelor Party Bus Miami fun, we’ve got you covered. Enjoy seamless Miami nightlife transportation in style. Choose our Luxury Limo Service Miami for an unmatched VIP Bachelor Party Limo celebration.

  50. Miami wedding limo

    June 12, 2025 at 5:01 pm

    Make your special night unforgettable with our Bachelor party bus Miami. Whether you’re planning a wedding, prom, or corporate event, our Miami party bus rentals and limousine service Miami have you covered. Choose from luxury party bus Miami, sprinter van rental Miami, and Miami charter bus rentals. Book with Miami party bus Limo today.

  51. f6t50

    June 12, 2025 at 11:51 pm

    oral azithromycin 500mg – cost floxin 400mg buy metronidazole 200mg sale

  52. ibh6e

    June 14, 2025 at 11:27 am

    buy rybelsus online cheap – periactin oral order generic cyproheptadine 4 mg

  53. Airport to hotel ground transport Nassau

    June 16, 2025 at 9:44 pm

    Ground Transportation Nassau ensures your airport to hotel ground transport Nassau is seamless. Trust our Nassau ground transportation services for a private ground transfer Nassau Bahamas and enjoy reliable ground travel Nassau Bahamas in style.

  54. Luxury limousine rental Bahamas

    June 17, 2025 at 12:12 am

    Bahamas Limousines offers premium travel with chauffeur-driven Bahamas limousines. Enjoy private limo tours in Bahamas or book a luxury limousine rental Bahamas for any event. Our Bahamas limo service for weddings ensures elegance, comfort, and unforgettable island transportation.

  55. 02rsm

    June 18, 2025 at 8:54 am

    inderal 20mg cost – brand plavix 150mg buy cheap methotrexate

  56. Buat akun gratis

    June 19, 2025 at 10:00 pm

    Your article helped me a lot, is there any more related content? Thanks!

  57. Son

    June 20, 2025 at 5:18 pm

    Quand je termine mes parties en ligne, rien ne vaut un moment complice avec mon chien. HelpDoggy.fr m’a vraiment aidé à mieux le comprendre. Consultez les retours ici : https://fr.trustpilot.com/review/helpdoggy.fr

  58. Son

    June 20, 2025 at 6:10 pm

    Élégance assurée lors de mes soirées casino grâce à Demoisenmoi.fr. Élégance et confort au rendez-vous. Voir les avis sur https://fr.trustpilot.com/review/demoisenmoi.fr

  59. Son

    June 20, 2025 at 6:25 pm

    Après une nuit de casino, une sortie équestre au Centre Équestre Moulin d’Airion est parfaite. Idéal pour se recentrer. Plus d’infos ici : https://fr.trustpilot.com/review/centre-equestre-moulin-airion.fr

  60. Son

    June 20, 2025 at 6:41 pm

    Amoureux des félins, je recommande vivement LaCentraleDuChat.fr, parfait pour se détendre après le jeu. Relaxation assurée. À découvrir sur https://fr.trustpilot.com/review/lacentraleduchat.fr

  61. Son

    June 20, 2025 at 6:58 pm

    Je joue partout à mes jeux en ligne avec le mobile trouvé sur Suphones.fr. Je recommande sans hésiter. Plus d’avis sur https://fr.trustpilot.com/review/suphones.fr

  62. Son

    June 20, 2025 at 7:10 pm

    Le Colloque AMP m’a ouvert les yeux sur la gestion du stress, même dans le cadre du jeu. Contenu de grande qualité. Découvrez leurs avis ici : https://fr.trustpilot.com/review/colloque-amp.fr

  63. 6ajtp

    June 21, 2025 at 6:32 am

    buy amoxil generic – amoxicillin pill ipratropium 100 mcg tablet

Leave a Reply

Your email address will not be published. Required fields are marked *

Entrepreneur Stories

Tesla Secures Mumbai Facility as Key Step in India Market Entry

Published

on

Tesla StartupStories

Tesla has ramped up its India expansion by leasing a 24,565 sq ft warehouse at Lodha Logistics Park in Mumbai’s Kurla West. The five-year lease, registered on May 16, 2025, involves a total rent of over ₹24 crore, starting at ₹37.53 lakh per month with a 5% annual escalation. The facility includes two ground-floor units and 20 parking spots, with rent payments commencing June 1, 2025.

This warehouse will function as a key service center and garage for Tesla’s India operations, excluding bodywork and spray painting. The move supports Tesla’s preparations for its official market debut, expected in late 2025 or early 2026.

Tesla’s India rollout includes offices in Pune, flagship showrooms in Mumbai’s Bandra Kurla Complex (BKC) and Delhi-NCR, and co-working spaces in Mumbai. The new warehouse lease highlights Tesla’s commitment to building a robust infrastructure for sales, service, and delivery of electric vehicles and energy products across India.

While manufacturing plans are not yet confirmed, Tesla is reportedly exploring sites in Maharashtra for a potential assembly unit. The Mumbai warehouse lease marks a significant step in Tesla’s strategy to establish a strong presence in one of the world’s fastest-growing EV markets.

Continue Reading

Entrepreneur Stories

Razorpay Partners with MeitY Startup Hub to Accelerate Deeptech Innovation in Tier II and III Cities

Published

on

Razorpay

MeitY Startup Hub (MSH), under the Ministry of Electronics and Information Technology, has partnered with fintech leader Razorpay to support the growth of deeptech and emerging tech startups across India, with a special focus on those in Tier II and III cities. Through this collaboration, early-stage startups will gain access to Razorpay’s fintech infrastructure, mentorship, and resources via the Razorpay Rize program.

Startups in areas like AI, blockchain, robotics, and IoT will benefit from streamlined company incorporation support, expert mentorship, product credits, and guidance for applying to global accelerators such as Y Combinator. Selected founders will also join the exclusive Rize Community, connecting with peer networks and attending masterclasses.

MSH CEO Panneerselvam Madanagopal emphasized that this partnership will help founders scale faster by providing vital support in mentorship, capital access, and digital infrastructure. As India’s startup ecosystem surpasses 159,000 DPIIT-recognised startups, this initiative aims to give deeptech entrepreneurs the tools and networks needed to innovate for India and expand globally.

Continue Reading

Entrepreneur Stories

PixelSky Capital Unveils INR 400 Crore Secondaries Fund

Published

on

Startup Stories

Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

Continue Reading
Advertisement

Recent Posts

Advertisement