Tag: Reliance
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Disney and Reliance Announce Strategic Joint Venture in India
The Walt Disney Company and Reliance announced a strategic joint venture today that would see the merger of both companies digital streaming and television assets. This promises to create a world class leader across both entertainment and sports in India that will be an $8.5 juggernaut. In the deal, Reliance will invest $1.4 billion in…
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Disney and Reliance Reach Agreement on Star India
Disney and Reliance have signed a non-binding agreement that would see the two companies merge their Indian media operations the Economic Times of India is reporting. The deal would see Reliance owning a controlling 51% stake with Disney holding the remaining 49%. The merger creates the biggest media empire in India. The deal was reportedly…