Disney and Reliance Forge $8.5 Billion Media Joint Venture in India

The merger aims to transform India's media landscape, reaching over 750 million viewers with a broad portfolio of entertainment and sports content.

Disney and Reliance Industries have merged their Indian TV and streaming businesses, creating a joint venture valued at $8.5 billion.
Reliance will invest $1.4 billion into the joint venture, holding a majority stake, while Disney will provide a content license and may contribute additional media assets.
Nita M. Ambani will serve as the chairperson of the joint venture, with Uday Shankar as vice chairperson providing strategic guidance.
The joint venture aims to lead the digital transformation of India's media and entertainment industry, reaching over 750 million viewers across India.
The merger brings together assets across entertainment and sports, including more than 100 TV channels and two streaming platforms, and will have exclusive rights to distribute Disney films and productions in India.