Reliance, Disney sign deal to merge Viacom18 and Star India fonearena.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fonearena.com Daily Mail and Mail on Sunday newspapers.
Reliance Industries and Walt Disney have signed a binding agreement to merge Viacom18 and Star India, creating India s largest media empire. The deal is expected to be announced this week, spanning TV broadcasting, streaming, movies, and sports. Reliance will own 61% of the combined company, with Uday Shankar as the leader.