Disney and Reliance Industries have entered into a significant partnership, merging their media operations in India to form a joint venture. This strategic move combines the entertainment brands of both corporations, with Reliance Industries committing an investment of Rs 11,500 crore ($1.4 billion) into the joint venture. The merged entity, which includes businesses of Viacom18 and Star India, is valued at Rs 10,352 crore. Reliance and its subsidiary will hold a 63.16% stake, while Disney will own 36.84%. The deal, estimated to be worth $8.5 billion on a pre-money basis and $38.5 billion on a post-money basis, positions the joint venture as a major player in one of the world's fastest-growing entertainment markets. Nita Ambani is confirmed to head the merged media business, marking a significant leadership role within the new conglomerate.
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
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
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
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