Reliance, Disney complete India media merger valued at $8.5 billion

Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse that will dominate the streaming and television markets in the world’s most populous nation. The deal, proposed in February, brings together Disney’s Star India with Reliance-controlled Viacom18 under a joint venture that will control about 85% of India’s streaming […] © 2024 TechCrunch. All rights reserved. For personal use only.