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Riteshu Sen Jaiswar

Chief Of Media at BIZBoost || Public Speaker || Web 3 Junkie || Passionate Writer || Gyaan Seeker

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BUSINESS UPDATE: Reliance and Disney to merge businesses in India

BUSINESS UPDATE: Reliance and Disney to merge businesses in India

Reliance Industries, Viacom 18 Media, and The Walt Disney Company have announced the signing of binding agreements to establish a joint venture in India. Nita Ambani will chair the Reliance and Disney merger joint venture along with a board member of Viacom18, serving as vice chair, Uday Shankar. The companies will merge their respective Star India and Viacom18 units into the newly created Star India joint venture, roughly valued at $8.5 billion.

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