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Reliance Share Price: Reliance Industries and Disney form a joint venture combining Viacom 18 and Star India businesses. Jefferies values Disney s business lower. The JV has cricketing rights and a 40% share of the advertising market. Media assets include Colors, StarPlus, StarGOLD, Star Sports, Sports18, JioCinema, and Hotstar. ....
RIL will be having a 16.34 per cent stake, Viacom18 46.82 per cent and Disney 36.84 per cent. Viacom18 is a subsidiary of TV18 Broadcast Ltd, which in turn is a subsidiary of Network18 Media & Investments Limited.
Through a combination of equity and debt, Vodafone Idea plans to raise around Rs 45,000 crore. The equity and debt fund raising will enable the company to make investments towards significant expansion of 4G coverage, 5G network rollout.