Reliance and Disney merger set to transform India’s media landscape
Feb 29, 2024
In a groundbreaking move, Reliance Industries (RIL) has unveiled a strategic joint venture with the global entertainment giant Walt Disney, marking a significant shift in the dynamics of India’s media and entertainment sector.
Here are the key insights of Reliance-Disney Merger
1. Valuation and Investment
- The joint venture is valued at an impressive Rs 70,352 crore ($8.5 billion).
- RIL commits a substantial investment of Rs 11,500 crore ($1.4 billion) to fuel the growth of this ambitious venture.
2. Control Structure
- RIL secures operational control with a 16.34% stake, while Viacom18, its subsidiary, holds 46.82%.
- Disney enters the partnership with a 36.84% stake, emphasizing collaboration for mutual success.