Reliance and Disney merge India media businesses to launch $8.5B JV
Reliance, its portfolio Viacom18 and Disney are merging their media businesses in India, creating the largest media entity in the South Asian market. Reliance will control and own 16.34% of the joint venture, which it has valued at $8.5 billion. Disney will own a 36.84% stake in the merged entity, and Reliance-backed Viacom18, which also […] © 2024 TechCrunch. All rights reserved. For personal use only.
Reliance, its portfolio Viacom18 and Disney are merging their media businesses in India, creating the largest media entity in the South Asian market. Reliance will control and own 16.34% of the joint venture, which it has valued at $8.5 billion. Disney will own a 36.84% stake in the merged entity, and Reliance-backed Viacom18, which also […]
© 2024 TechCrunch. All rights reserved. For personal use only.
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