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International Business Times

World

Jarin Noshin

Disney, Reliance Team Up For $8.5B Indian Media Mega-merger

Disney Reliance India Entertainment Mukesh Ambani Viacom18 Star India

In a landmark move shaking up India's media and entertainment landscape, The Walt Disney Company and Reliance Industries have disclosed merger plans for their Indian businesses.

The two industry giants are set to combine their Star India and Viacom18 units into a newly-created joint venture, named Star India, with a staggering valuation of approximately $8.5 billion post-merger, excluding synergies.

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Hurricane Isaias path tracker update: Airports closed, oil and gas production hit as dangerous Tropical storm to make landfall Florida, Alabama, or Mississippi. Check timings, date

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Top stories on inkl right now

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Storm expected to make landfall on US’s northern Gulf coast with risk of flash floods and isolated river flooding

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Christa Pike’s botched execution is a reminder of the horror of the death penalty

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One subscription that gives you access to news from hundreds of sites

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Hurricane Isaias path tracker update: Airports closed, oil and gas production hit as dangerous Tropical storm to make landfall Florida, Alabama, or Mississippi. Check timings, date

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Trump's memorial arch faces new lawsuit from Arlington County, Virginia

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Evening Standard

Dua Lipa Goes Viral After Being Caught Taking a Mouthful of a Hot Dog Sandwich During Yankees Game

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International Business Times UK

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