Merging Entities: Reliance's Viacom18 and Disney's Star India are merging their operations in India. Ownership Structure: Reliance is expected to hold at least 63% of the merged entity, with Disney holding the remaining stake. Valuation: The deal reportedly values Disney's Indian business at around $8.5 billion.
This merger is expected to create a leading media and entertainment player in India, with a strong presence across various segments like television, streaming, and production.
Increased competition: The combined entity could face increased competition from other established players like Sony Pictures Networks and Zee Entertainment. Content consolidation: The merger could lead to consolidation of content across various platforms, potentially impacting consumer choices.
Overall, this merger is a significant development in the Indian media landscape, and its long-term impact remains to be seen.