Technology
November 14, 2024
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Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture

Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture

Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Company […]

Business
November 14, 2024
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Reliance And Disney Complete Rs 70,352-Crore Mega Media Merger

Reliance And Disney Complete Rs 70,352-Crore Mega Media Merger

Last Updated:November 14, 2024, 18:45 IST Reliance Industries holds a 16.34 per cent stake in the JV, while its step-down unit Viacom18 holds 46.82 per cent and Disney the rest 36.84 per cent. Nita M Ambani will be the Chairperson of the JV, with Uday Shankar as Vice Chairperson providing strategic…Read More The JV is […]