Reliance Industries, Viacom18 Media, and Walt Disney Company have finalized a merger of Viacom18’s media and JioCinema businesses into Star India, forming a joint venture valued at Rs 70,352 crore. The new entity will be managed by three CEOs: Kevin Vaz for entertainment, Kiran Mani for digital, and Sanjog Gupta for sports. This merger establishes a significant media powerhouse in India, operating over 100 television channels and serving more than 50 million subscribers through JioCinema and Hotstar.
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