Mukesh Ambani, alongside Disney's Kevin Mayer and Reliance's Manoj Modi, finalized a 51:49 stock and cash merger in London.
Mukesh Ambani and Disney Executives Seal the Deal
Delve into the expected timeline for the merger, with a goal to finalize by February, showcasing Reliance's eagerness to conclude by January-end.
Fast-Track to February: Merger Timeline
Uncover the ownership structure, revealing Reliance's majority stake of 51% and Disney holding 49% in the merged company, shaping the dynamics of the media powerhouse.
Reliance Takes the Lead with 51%
Explore the strategic moves as Reliance plans to create a step-down subsidiary absorbing Star India via a stock swap, with JioCinema playing a significant role in the deal.
Viacom18's Role and JioCinema in the Mix:
Understand the board's composition, where Reliance and Disney will have equal representation, including a seat for Uday Shankar-led Bodhi Tree, the second-largest shareholder in Viacom18.
Balancing Act: Equal Representation on the Board:
Analyze Disney's recent loss of online rights to IPL while securing broadcast TV rights, and how JioCinema emerges as a key player in the online streaming domain.