Reliance Industries
Disney Star posts huge loss ahead of ‘Jio Star’ era
Disney Star has announced massive losses of INR 12,548 crore (€1.4bn/$1.5bn) for the full year in 2023-24, ahead of its imminent merger with conglomerate Reliance Industries.
Disney-Reliance merger approved by regulator
The merger between Disney Star and Reliance Industries, the majority owner of Viacom18, has been approved by the Competition Commission of India (CCI), subject to the compliance of “voluntary modifications”.
Reliance, Disney offer to drop channels to satisfy regulator
Disney Star and Reliance Industries, majority owner of Viacom18, are likely to drop "fringe channels" in order to meet antitrust requirements for their proposed merger, though do not plan to offload any…
Reliance tightens grip on Viacom18 after buying out Paramount stake
Indian conglomerate Reliance Industries, chaired and run by business mogul Mukesh Ambani, will buy out Paramount Global’s 13-per-cent stake in media group Viacom18 for $517m (€472m).
Reliance, Disney Star agree $8.5bn India media mega-merger
Disney Star and Reliance Industries, majority owner of Viacom18, today announced the merger of their Indian television and streaming assets, creating an $8.5bn media behemoth.
Disney Star and Reliance seek to dodge further ‘bloodbaths’ through merger
The proposed merger between Disney Star and Reliance is being driven to a great extent by the wish to avoid a repeat of the 2023 IPL, in which the two entities undercut each other, resulting in reduced advertising revenues.
Viacom18’s Reliance closing in on Disney’s India business
Indian conglomerate Reliance Industries has emerged as the frontrunner to acquire media giant Disney's business in the country
Indian Super League at crossroads as Viacom18 pays base price
Viacom18 acquired exclusive rights to the ISL at the base price, with Reliance Industries, which majority-owns both entities, key to the long-term sustainability of the league.
Viacom18 in pole position to land Indian Super League rights
Viacom18 is thought to be the front runner to secure rights to the Indian Super League, the country’s top-tier football competition which has launched its first ever tender.
First day of IPL media rights bidding suggests global value will more than double
The value of global media rights for the Indian Premier League is set to more than double in the new cycle, 2023 to 2027, according to media reports in India
Google and Amazon ‘pick up IPL rights bidding documents’
Global tech firms Google and Amazon, India's biggest media groups, and other international broadcasters have picked up the bidding documents for the upcoming Indian Premier League rights auction, Bloomberg…
Bodhi Tree invests $1.76bn in Viacom18 ahead of IPL auction
Bodhi Tree, the media investment vehicle promoted by media executives James Murdoch and Uday Shankar, will invest INR13,500 crore ($1.76bn/€1.6
Indian broadcaster Viacom18 launches new sports channel
Indian broadcaster Viacom18 has launched a new sports pay-television channel, Sports18
Murdoch and Shankar ‘to acquire Viacom18 stake’
Media executives James Murdoch and Uday Shankar are in talks to buy a 39-per-cent stake in Indian broadcaster Viacom18, in a deal that would value the company at $4bn (€3.6bn), according to media reports.
Eurosport India, Jio TV acquire rights for AFC Women’s Asian Cup India 2022
Discovery-owned pay-television broadcaster Eurosport India and Reliance-owned OTT platform Jio TV have acquired media rights for the Asian Football Confederation's Women’s Asian Cup 2022, which India i…
Indian Premier League franchise sale, media rights bidding talked up
The Glazer family, CVC Capital Partners, Cristiano Ronaldo and superstar Bollywood couple Deepika Padukone and Ranveer Singh are among the parties linked to bids for new Indian Premier League franchise…
Jyoti Deshpande becomes CEO of Viacom18
Indian broadcaster Viacom18 has appointed experienced Reliance Industries media executive Jyoti Deshpande as chief executive
Viacom18 overpowers rivals to secure 2022 Fifa World Cup rights in India
Viacom18’s deal 2022 Fifa World Cup rights is the strongest signal yet of its intention to launch a sports-centric channel in the Indian subcontinent.