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Indian media conglomerate
Disney Star, officially JioStar India Private Limited, is an Indian media conglomerate joint 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% through Viacom18, with Disney India controlling the remaining 36.84%.
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