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"The Fixies" animated series, along with "The Fixies Movie: Top Secret" is set to premier in India in 2025, with plans for expansion into neighboring countries.

With this acquisition, Reliance Industries, a multinational conglomerate already the majority shareholder in Viacom18, will solidify its position further in the Indian media landscape.

The companies will be combining their respective Star India and Viacom18 units into the newly created Star India joint venture, valued at roughly $8.5 billion on a post-money basis, excluding synergies. The venture will have over 750 million viewers in the coveted Indian market.

As a new milestone for Thema Asia Pacific and South East Asia, Mezzo Live HD, Museum TV and Luxe TV launched in India on Jio Reliance, while Museum TV and Insight TV started broadcasting on LG U+ platform in Korea.

According to Hub’s newest wave of “Predicting the Pandemic” research, consumers’ reliance on streaming services seems to have shifted from “stop-gap” to established behavior.