Reliance and Disney seal the deal
The newly merged entity will be controlled by Reliance Industries, which is injecting $1.4 billion. RIL and Viacom18 will collectively hold a 63% stake, while Disney will own the rest.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in
You may also like
On air pollution, power producers get a hall pass
India has rolled back rules that require thermal power plants to install equipment to cut sulphur dioxide emissions, marking yet another failure in the fight against air pollution.
Saudi Arabia is (further) open for business
From stocks to real estate, the largest GCC petrostate is now inviting the Gulf region to invest.
It’s not cheap to be rich in Dubai
The emirate is now the seventh costliest city for the wealthy and affluent, experts have been called in to help local family businesses, and other headlines from the week.