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Reliance's Viacom18-Disney merger: Govt approves transfer of licence to Star India

YourStory LogoYourStory11h ago

Reliance's Viacom18-Disney merger: Govt approves transfer of licence to Star India - YourStory

Quick Summary:

According to regulatory filings by Reliance Industries and TV18 Broadcast, the Ministry of Information and Broadcasting granted the approval in an order dated September 27.

This would be followed by "demerger, transfer and vesting of V18 Undertaking from Digital 18 into Star India".

Reliance Industries has also agreed to invest close to Rs 11,500 crore into the joint venture to give it the muscle to fight rivals like Netflix and Japan's Sony.


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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-29 @ 05:46:35 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22765497

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 10 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

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The story "Reliance's Viacom18-Disney merger: Govt approves transfer of licence to Star India" was covered 11 hours ago by YourStory, a news publisher based in India.

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YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news.

The outlet is headquartered in India and publishes an average of 10 news stories per day.

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  • News ID: #22765497
  • URL: https://beamstart.com/news/reliances-viacom18-disney-merger-govt-172759281649

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