Reliance Industries, Viacom 18, and Disney merge Viacom18 and Star India to create a JV valued at Rs 70,352 crore ($8.5 billion). The JV will be one of India s leading media companies, providing entertainment and sports content to over 750 million viewers and exclusive distribution rights for Disney films.
Reliance Disney Merger: The JV will be one of the leading TV and digital streaming platforms for entertainment and sports content in India, bringing together iconic media assets across entertainment and sports including access to highly anticipated events across television and digital platforms through JioCinema and Hotstar.
India s top conglomerate Reliance Industries, led by Asia s richest man Mukesh Ambani, and Walt Disney have announced the merger of their India TV and streaming media assets, in a strategic move that will create an $8.5 billion entertainment powerhouse.
With participation from 250 lawyers representing six prominent law firms, this event promises two days of competition across a diverse range of sports disciplines.
While gaming entrepreneurs and filmmakers see the text-to-video GenAI model as a powerful tool to aid creators, they are also wary about the regulatory implications of using such technology for commercial purposes