Walt Disney and Reliance Industries have entered into a joint venture to merge their media operations in India, creating a significant entity valued at $8.5 billion, with a post-money valuation estimated at $38.5 billion. Reliance Industries is investing Rs 11,500 crore into the joint venture. Nita Ambani, wife of billionaire Mukesh Ambani, will chair the merged entity, with Uday Shankar as the vice chairperson. This strategic move combines the businesses of Viacom18 and Star India, positioning the merged entity far ahead of its rivals in the sector. The merged media operation is valued at Rs 10,352 crore, with Reliance and its subsidiary holding a 63.16% majority stake, and Disney owning 36.84%. Disney announced the sale of 60% of its India business as part of this deal.
Reliance and Disney will be a force to reckon with in the Indian entertainment media space. To think that just a few years back, this was almost never there as a possibility. News Explainer by @ujjainidutta_ & @ditipujara. Subscribe to read. https://t.co/t2eUjNEuJ8
India's Reliance Industries and Walt Disney have agreed to merge their Indian media businesses, creating a $8.5 billion entertainment giant in the world's most populous nation https://t.co/95z5DVS0HT
Market Alert | Reliance signs deal with Disney @RIL_Updates https://t.co/ip3BPMZIj6
The Reliance-Disney India merger has attracted Nita Ambani, wife of Reliance boss Mukesh Ambani, back into mainstream business as the new company's chair, where her experience in arts and sports, and ties with Bollywood could come in handy https://t.co/aXydYkNkeH
The Reliance-Disney India merger has attracted Nita Ambani, wife of Reliance boss Mukesh Ambani, back into mainstream business as the new company's chair, where her experience in arts and sports, and ties with Bollywood could come in handy. More here: https://t.co/KRUy7IVcQU
India's top conglomerate Reliance Industries and Walt Disney announced the merger of their India TV and streaming media assets, creating an $8.5 billion entertainment juggernaut far ahead of rivals in the world's most populous nation. More here: https://t.co/5p2FGiSq6B
Stocks In News | Reliance-Disney merge media businesses; RIL shareholding at 63.2%— ET NOW's Soumeet with more details. @soumeet_sarkar https://t.co/5fmyZ66QVN
India's top conglomerate Reliance Industries and Walt Disney announced the merger of their India TV and streaming media assets, creating an $8.5 billion entertainment juggernaut far ahead of rivals in the world's most populous nation https://t.co/OL6Zodo9OY
Reliance, Disney announce giant India media merger https://t.co/clTEkKotk7
Brokerage Radar | Kotak on Reliance-Disney deal says "The merged company would become India’s #1 broadcast network, with 35%+/40-45%+ share in the TV viewership/advertising market" @RelianceEnt @Disney https://t.co/6rgdcJvgD2
Disney and Reliance have agreed to merge their media operations in India, creating a behemoth valued at $8.5 billion https://t.co/dHJYkbwpVO
Why Disney’s $8.5 Billion India Merger Is Such a Huge Deal https://t.co/uh6eWLsjv8
Disney-Reliance Indian merger: Who are the main rivals? https://t.co/P9iNKXLA9s https://t.co/mffHs3TAR0
Times of India @timesofindia: Disney merges India media business with Reliance venture in $8.5-billion deal. #MachineLearning #ArtificialIntelligence #AI https://t.co/ZZ3sj7TAhi
Reliance-Disney India merger draws Nita Ambani back to business spotlight https://t.co/rQsfjBLzWP https://t.co/nn8uXDhMZz
Disney announced it would merge its India operations with the country’s largest conglomerate: https://t.co/OHl8wkuiOl https://t.co/djwKSCJsNw
Disney announced this morning that it has finally signed the deal to sell 60% of its India business to Reliance-backed venture Viacom18. A few interesting things from the announcement: https://t.co/mVGtUpzmqX
Reliance, Disney to dominate Indian entertainment with streaming, TV assets https://t.co/2nvEL7gAly https://t.co/vRSeJasryI
⚠️ RELIANCE-DISNEY INDIA MERGER DRAWS NITA AMBANI BACK TO BUSINESS SPOTLIGHT (Reuters) The Reliance-Disney India merger has attracted Nita Ambani, wife of Reliance boss Mukesh Ambani, back into mainstream business as the new company's chair, where her experience in arts and… https://t.co/u8xLRxgG6K
Disney merges India media business with Reliance venture in $8.5-billion deal https://t.co/MVHTd4RXtQ
Disney merges India media business with Reliance venture in $8.5 billion deal https://t.co/sxqXzKxAg5
Disney and Mukesh Ambani merge their media businesses in India https://t.co/JXUgm0PWCs via @CNNBusiness
What We Know About The $8.5 Billion Disney Merger With Reliance In India https://t.co/iMAJ8435gv https://t.co/wO0i1EfWP1
Disney strikes $8.5bn deal to merge India business with Reliance Industries https://t.co/8HxgSYLIfR
Disney plans $8.5bn merger for ailing India unit https://t.co/WwLdtXOxoz
Disney to merge Star India with Reliance's Viacom18 https://t.co/AjedAKFgks
Reliance Industries Limited (RIL), Viacom 18 Media Private Limited, and the Walt Disney Company have officially announced a strategic joint venture, creating an $8.5 billion entertainment juggernaut far ahead of rivals Read more at: https://t.co/FVZocCsc80 https://t.co/BndMaCsVQA
.@Disney sells its India business for $1.4 billion https://t.co/0B9cOUCWZL
Disney, Reliance Industries to Merge India Businesses in $8.5 Billion Deal https://t.co/hIc9KW91sh
Disney to merge Star India in deal with Ambani's Reliance @tim_bays https://t.co/vibsYzHLWQ
BREAKING: Disney and billionaire Mukesh Ambani’s Reliance have signed a binding pact to merge their media operations in India, creating a $8.5 billion sector behemoth in one of the world’s fastest-growing entertainment markets. @talktosanjai https://t.co/fJmGVNf6cl
Breaking: Disney and billionaire Mukesh Ambani’s Reliance have signed a binding pact to merge their media operations in India, creating a $8.5 billion sector behemoth in one of the world’s fastest-growing entertainment markets. @talktosanjai https://t.co/fJmGVNf6cl
Reliance, Disney to merge India media assets to create US$8.5-billion powerhouse https://t.co/8r1tbxdzuA
Walt Disney and billionaire Mukesh Ambani’s conglomerate have signed a binding pact to merge their media operations in India, creating a $8.5 billion sector behemoth in one of the world’s fastest-growing entertainment markets. https://t.co/rZN78quzXQ
Walt Disney and Reliance Industries agreed to create a joint venture valued at $8.5 billion that will combine their respective digital streaming and television assets in India. https://t.co/MxBZxz5gxQ
Disney and Reliance to merge media businesses in India in $8.5 billion joint venture https://t.co/2cGC2SE0Za
Disney to Form India Joint Venture, Valued at $8.5 Billion https://t.co/H0vIO4R5w3
The Walt Disney Company and billionaire Mukesh Ambani’s Reliance Industries have merged their massive Indian TV and streaming businesses, ending months of speculation. The deal is estimated to be worth $38.5 billion on a post-money basis. https://t.co/4eeAQECicn
Reliance, Disney announce merger, Nita Ambani to head merged entity https://t.co/ofo4bGHF7B
Reliance and Disney merge their media businesses in India, creating the country's largest media conglomerate; Reliance values it at $8.5B and will invest $1.4B (@refsrc / TechCrunch) https://t.co/j8YBe6by0v 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/IMGKiOnTcq
Reliance, Disney to merge India media assets to create $8.5 billion powerhouse https://t.co/RtiarhbG2K https://t.co/4J5KLQAPs8
Disney Inks $8.5B Deal to Merge India Business With Reliance Industries https://t.co/v4vSNUBz03
Disney teams with India’s Reliance Industries to form $8.5 billion streaming JV for India market https://t.co/1ZwLOzXge5
Disney And Reliance Clinch Joint Venture In India https://t.co/PL58LRr0Wz
It's CONFIRMED! Nita Ambani to lead Reliance-Disney merged entity! Mukesh Ambani's RIL vows Rs 11.5k crore investment https://t.co/MgNYsgJj5i
BREAKING | RIL, Disney sign binding agreements to form joint venture @Disney @RIL_Updates @soumeet_sarkar https://t.co/Phg7KA4tIE
Disney, Reliance Seal $8.5 Billion Deal to Merge Indian Media Businesses https://t.co/4eeAQECicn
Reliance and Disney to merge media assets in India: https://t.co/PNyUFiXUt1 by TechCrunch #infosec #cybersecurity #technology #news
Nita Ambani, wife of billionaire Mukesh Ambani, to chair Reliance-Disney merged entity; Uday Shankar to be vice chairperson: Statement
Reliance and Disney to merge media assets in India https://t.co/yek98bXeeL
Reliance-Disney media operation merged entity valued at Rs 10,352 cr; Reliance and subsidiary to hold 63.16%, Disney to own 36.84%
Walt Disney, Reliance Industries agree to merge their media operations in India; Reliance to invest Rs 11,500 cr in JV: statement
#BreakingNews 🚨 Reliance Industries and Walt Disney have agreed to form a joint venture of their entertainment brands in India. RIL will invest Rs 11,500 crore in the joint venture. Details here 👇 https://t.co/kDGODxf9fD #Reliance #Disney #RIL
Reliance to acquire majority stake in Disney's India business - statement https://t.co/cuEN6i9Hn9
Reliance Industries Limited (RIL), Viacom 18 Media Private Limited and The Walt Disney Company today announced the signing of binding definitive agreements to form a joint venture that will combine the businesses of Viacom18 and Star India. As part of the transaction, the media… https://t.co/LLeY3R0X4b
🚨🚨Reliance, Disney enter into JV for entertainment brands, RIL to invest Rs 11,500 crore https://t.co/SlXbQVPzBE via @moneycontrolcom
BREAKING | RIL, Disney sign binding agreements to form joint venture @Disney @RIL_Updates https://t.co/qeykRRoNlB
JUST IN: Reliance and Disney announce strategic joint venture https://t.co/ocLFkbpE82
Disney India-Reliance Industries Merger Nears Binding Agreement https://t.co/uDR0iVKCX0
Nita Ambani likely to be chair of India's merged Reliance-Disney media business-sources https://t.co/tIUpePlHQy https://t.co/YYd5qh0M5i
Billionaire Mukesh Ambani's wife Nita Ambani to be head of merged Reliance-Disney media business? https://t.co/6Dl4NvCWFy
News Alert | Reliance clarifies on news item 'Disney and Reliance said to have signed binding merger pact' @RIL_Updates https://t.co/BcygW0i34F
#StartupNewsWire | FM’s meeting with #fintech cos underway, @BlumeVentures leads $10M round in @interviewkicks, @BiggiesBurger raises Pre-Series A funding & #Reliance-#Disney sign binding pact for merger Top headlines | @Aish_19_Anand @CNBCYoungTurks https://t.co/KsZ5LU2eG3
Disney, Reliance Sign "Binding Pact" For Big Merger: Report https://t.co/poctzwii4e
Disney and India’s Reliance agree merger: Bloomberg https://t.co/z30LITPkCU
Disney and Reliance Industries sign a binding pact to merge their media operations in India https://t.co/UcK5KnEpft https://t.co/vDD1HocQ9W
Reliance Industries, Disney sign binding India merger pact: Report https://t.co/jMvhIBPeJs https://t.co/xKhhG07CAu
Disney $DIS and Reliance Industries have signed a binding pact to merge their media operations in India 🇮🇳 - Bloomberg
Walt Disney and industrial conglomerate Reliance Industries have signed a binding pact to merge their media operations in India, according to a report. https://t.co/XIsWhqgsQs https://t.co/WqZwfG6GhP
EXCLUSIVE: Walt Disney and billionaire Mukesh Ambani's Reliance Industries sign a binding pact to merge their media operations in India https://t.co/HoXLaGK8ip
BIG: Mukesh Ambani's Reliance-Disney sign binding merger pact - Details https://t.co/wqrTsPxMOX
Disney, Reliance have signed binding media pact, Bloomberg reports citing sources https://t.co/bwTFnjPIWS https://t.co/eem7NsO62j
.@Disney and #Reliance said to have signed binding merger pact: report Walt Disney Co. and RIL have signed a binding pact to merge their media operations in India as the US entertainment giant recasts its strategy amid intense competition in India. https://t.co/v5qYRUFuoM
Sources Say | Disney, Reliance said to have signed binding merger pact #Disney #Reliance https://t.co/qG5EfY55QP
Disney and Reliance Industries have signed a binding pact to merge their media operations in India https://t.co/ttBUGveJXq