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Disney and Reliance to merge media businesses in India in a $8.5 billion joint venture 28 FEB 2024

Deals

Disney and Reliance to merge media businesses in India in a $8.5 billion joint venture

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.