Topic summary

JioStar

JioStar

Extracted from the Wikipedia article Disney Star.

Disney Star, officially JioStar India Private Limited (and formerly Star India), is an Indian media conglomeratejoint venture between Disney India, Reliance Industries and the latter's subsidiary Viacom18. On 14 November 2024, Viacom18 merged its assets with Disney India's subsidiary Disney Star to form JioStar. The deal, valued at $8.5 billion, involved the investment of ₹11,000 crore (US$1.1 billion) by Reliance Industries, which left Reliance Industries with a total stake of 63.16%, 16.34% directly and 46.82 percent through Viacom18, with Disney India controlling the remaining 36.84%. It is the largest television and entertainment network in India, operating more than 100 TV channels and a major streaming platform called JioHotstar.