The merger creates India’s largest media group with annual revenue of $3.1 billion, combining streaming platforms JioCinema and Hotstar with more than 100 television channels. The venture claims over 50 million streaming subscribers and will produce 30,000 hours of television content annually.

into Star India Private Limited, owned by Disney, the companies said. Reliance has injected $1.4B into the venture, which will be chaired by Nita Ambani, the wife of the Indian billionaire Mukesh Ambani. The JV, which has a pro forma revenue of $3.1B ...

Reliance and Disney finalize a joint venture in India, merging media assets to dominate TV, digital, and sports, with a Rs 11,500 crore investment for growth.

Head of newly formed Jio Star says traditional linear format is still important in the country during streaming era

India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal combines Disney’s Star India with Reliance’s Viacom18 and streaming platforms JioCinema and Hotstar.

The joint venture has combined revenue of $3.1 billion and over 100 TV channels, 50 million subscribers, and 30,000 hours of TV entertainment content annually

Disney and Reliance Industries have completed the $8.5B deal to form a media and entertainment giant in India. This brings together Reliance’s JioCinema business with Disney’s Star India, which houses Disney+ Hotstar,