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Merged star India-Viacom18 to be cash rich by over Rs 19k cr

Mumbai: The newly merged entity of Star India and Viacom18 will boast a strong cash position exceeding ₹19,000 crore, factoring in Viacom18's current cash...

Reliance, Disney may offer 2-year ad rate freeze to secure CCI nod

Mumbai: Reliance Industries Ltd (RIL) and Walt Disney are mulling to propose to the Competition Commission of India (CCI) a two-year freeze on advertising...

Star incurs an operating loss of $314 million from sports due to T20 World Cup

Mumbai: Star India’s operating losses from sports for the quarter ended June surged 45% year on year to $314 million mainly due to higher...

Hotstar, JioCinema beat parents’ TV operations in valuations game

Disney+ Hotstar and JioCinema's valuations have surpassed their parent companies' linear TV businesses, with EY and BDO having valued Viacom18 at ₹33,000 crore and...

Viacom18, Star India expect to complete merger by October

Reliance Industries-promoted Viacom18 and Walt Disney-owned Star India are hopeful of completing their merger by October, when the Competition Commission of India (CCI) is...

Star terminates $1.5 billion ICC TV rights deal with Zee

Disney-owned Star India has terminated its alliance agreement with Zee Entertainment for the $1.5 billion International Cricket Council (ICC) TV rights on June 20,...

NCLT lists Disney’s Star India and Reliance’s Viacom18 merger plea hearing on August 1 for final disposal

The National Company Law Tribunal (NCLT) has listed Walt Disney-owned Star India and Reliance Industries (RIL)-promoted Viacom18's merger application for hearing and final disposal...

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