1 week Ago By James Paul
The much anticipated JioStar’s portal is now live, offering affordable plans that start at mere Rs 15. The much-anticipated JioStar is now live. On November 14, @RIL_Updates (RIL), @viacom18 , and @Disney finalised a joint venture (JV) that marks a major turning point in India's media and entertainment industry.
Read More: https://t.co/cZ7vZVx7Za #e4m #reliance #disney #merger ..
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com/lyaTZcJj2N — exchange4media group (@e4mtweets) November 15, 2024 The newly launched digital platform after the media merger of Reliance Industries’ Viacom18 and the Indian entity of the Walt Disney company has not started streaming any content yet. The website’s landing page states that Viacom18 and Disney Star have merged. On the channel list section of the site, JioStar enlists subscription plans in multiple languages, including Hindi, Malayalam, Tamil, Marathi, Kannada, Telugu, Bengali, Odia, and English.
The Hindi starter pack at Rs 59 per month lets users avail 16 Star channels, including Star Plus, Star Utsav, Bindaas, Star Sports Hindi, National Geographic, Nat Geo Wild, and Hungama, among others. There’s an additional Disney Kids section in the list, with Disney Kids Pacl starting at Rs 15 per month, offering Disney Channel, Super Hungama, and Disney Junior, whereas the Disney Hungama Kids pack provides an additional Hungama TV. The aforementioned packages relay under the Standard Definition.
The HD packs are pricier, with the Hindi pack starting at Rs 88 a month. In its media release, Reliance Industries Limited stated that the company has invested Rs 11,500 crore (around $1.4 billion) in the historic JV, with RIL owning 16.
34% of the shares, 46.82% by Viacom, and 36.84% by Disney.
The joint venture is presided over by Nita Ambani as the chairperson, while Uday Shankar of the Bodhi Tree heads as the VP of the newly formed entity. The JV will be steered by 3 CEOs, namely Kevin Vaz as the head of entertainment, Kiran Mani heading the digital organization, and Sanjog Gupta overseeing sports organization. RIL also mentioned that it bought Paramount Global’s entire stake of 13.
01% in Viacom18 for Rs 4286 crore. Media Release - Reliance and Disney Announce Completion of Transaction to Form Joint Venture to Bring Together the Most Iconic and Engaging Entertainment Brands in India Joint Venture ready to lead the transformation of India’s digital streaming eco-system and grow the linear TV..
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com/v9v84FVrV5 — Reliance Industries Limited (@RIL_Updates) November 14, 2024 Meet the dynamic leadership behind JioStar! With Reliance, Viacom18, and Disney’s Rs 70,352-crore merger, Star India and JioCinema unite under three CEOs to lead entertainment, digital, and sports into a new era. More here: https://t.co/fuOmtXLHlg #reliance #disney #merger #news .
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twitter.com/8w8WltPJmk — afaqs! (@afaqs) November 15, 2024 Reactions ranged from outcry over RIL’s monopoly to memes. Reliance and Disney Announce Completion of transaction of JV Jiostar.
.. Netflix and Amazon Prime RN : pic.
twitter.com/T1mwoLlMl8 — UmdarTamker (@UmdarTamker) November 14, 2024 SUCH MONOPOLY IS HARMFUL FOR FUTURE. — RYAY X/ (@RAYY5Y) November 14, 2024 See Also: Mukesh Ambani-Led Reliance Jio Introduces Rs 11 Plan With 10GB Data For Only One Hour; Internet Erupts In Memes See Also: Gen Z Dubai Siblings Offer JioHotStar Domain To Reliance For Free, But Mukesh Ambani Has Another Trick Up His Sleeve.
