{"id":18635,"date":"2024-02-29T17:59:19","date_gmt":"2024-02-29T12:29:19","guid":{"rendered":"https:\/\/univest.in\/blogs\/?p=18635"},"modified":"2024-02-29T17:59:19","modified_gmt":"2024-02-29T12:29:19","slug":"reliance-disney-create-india-largest-media-empire","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/reliance-disney-create-india-largest-media-empire\/","title":{"rendered":"Reliance-Disney JV to Create India&#8217;s Largest Media Empire, Share Value to Ris"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/reliance-disney-create-india-largest-media-empire\/#Reliance-Disney_JV_to_Create_Indias_Largest_Media_Empire\" title=\"Reliance-Disney JV to Create India&#8217;s Largest Media Empire\">Reliance-Disney JV to Create India&#8217;s Largest Media Empire<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/reliance-disney-create-india-largest-media-empire\/#What_are_the_thoughts_of_analysts\" title=\"What are the thoughts of analysts?\">What are the thoughts of analysts?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/reliance-disney-create-india-largest-media-empire\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Reliance-Disney_JV_to_Create_Indias_Largest_Media_Empire\"><\/span><strong>Reliance-Disney JV to Create India&#8217;s Largest Media Empire<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/univest.in\/stocks\/reliance\/reliance-industries-ltd-share-price-today\"><strong>Reliance Industries Limited (RIL)<\/strong> <\/a>has recently announced a strategic partnership with Walt Disney Co. to form Reliance-Disney a joint venture (JV) that is expected to be highly beneficial for RIL.<\/p>\n<p><em>According to a report by Jefferies, the JV will combine RIL&#8217;s Viacom18 with Disney&#8217;s Star India, creating India&#8217;s largest media empire.<\/em><\/p>\n<p>This collaboration is expected to cover a wide range of media offerings, including television broadcasting, streaming services, movie production, and sports broadcasting. <strong>It is also expected to add Rs 40 per share to RIL&#8217;s valuation.<\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_thoughts_of_analysts\"><\/span><strong>What are the thoughts of analysts?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Jefferies analysts believe that the JV is in a strong position to dominate the country&#8217;s cricket broadcasting rights, as it holds a significant 40% of the Indian advertising market share.<\/p>\n<p>To fuel its growth strategy, <a href=\"https:\/\/univest.in\/blogs\/reliance-industries-q3fy23-results-strong-growth-in-retail-and-jio\/\"><em><strong>Reliance Industries Limited<\/strong><\/em><\/a> will infuse an investment of Rs 11,500 crore ($1.4 billion) in the venture. Post-money, the venture is valued at Rs 70,352 crore ($8.5 billion).<\/p>\n<p><em>However, the deal is still subject to regulatory approvals, shareholder consent, and other customary clearances, and is expected to be completed by late 2024 or early 2025.<\/em><\/p>\n<p>As per the agreement, RIL will own a 16.34% stake in the JV, while its subsidiary Viacom18 will own 46.82%, and Disney will hold the remaining 36.84% stake.<\/p>\n<p><em><strong>The JV will be led by <a href=\"https:\/\/en.wikipedia.org\/wiki\/Nita_Ambani\" rel=\"nofollow noopener\" target=\"_blank\">Nita Ambani<\/a>, Chairperson of Reliance Industries.<\/strong><\/em> Additionally, former Walt Disney executive Uday Shankar will serve as Vice Chairperson. The board will have ten members, with five nominees from RIL, three from Disney, and two independent directors.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This partnership has significant implications for the Indian media landscape, as it offers viewers a wider range of content. Additionally, it could impact advertising revenue streams in the industry.<\/p>\n<p><em>Reliance shares closed at Rs 2,915 in the previous trading session. The stock has gained over 12% so far this year, outperforming the benchmark Nifty, which has risen nearly 1% during the same period.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance-Disney JV to Create India&#8217;s Largest Media Empire Reliance Industries Limited (RIL) has recently announced a strategic partnership with Walt Disney Co. to form Reliance-Disney a joint venture (JV) that is expected to be highly beneficial for RIL. According to a report by Jefferies, the JV will combine RIL&#8217;s Viacom18 with Disney&#8217;s Star India, creating<\/p>\n","protected":false},"author":15,"featured_media":26908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-18635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"_last_editor_used_jetpack":["classic-editor"],"_edit_lock":["1709209630:13"],"_edit_last":["13"],"rank_math_internal_links_processed":["1"],"rank_math_seo_score":["73"],"rank_math_focus_keyword":["Reliance-Disney"],"rank_math_title":["Reliance-Disney JV to Create India's Largest Media Empire"],"rank_math_description":["Reliance-Disney has recently announced a strategic partnership with Walt Disney Co. to form a joint venture that is expected to be highly beneficial for RIL."],"rank_math_facebook_title":["Reliance-Disney JV to Create India's Largest Media Empire"],"rank_math_facebook_description":["Reliance-Disney has recently announced a strategic partnership with Walt Disney Co. to form a joint venture that is expected to be highly beneficial for RIL.."],"rank_math_primary_category":["842"],"post_views_count":["537"],"_thumbnail_id":["26908"],"rank_math_analytic_object_id":["595"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2024\/10\/18181922\/portfolio-1-2.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/18635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=18635"}],"version-history":[{"count":2,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/18635\/revisions"}],"predecessor-version":[{"id":18677,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/18635\/revisions\/18677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/26908"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=18635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=18635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=18635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}