JioStar is coming soon: Know its details
JioStar: A New Media Giant on the Horizon With the much-awaited merger between Reliance’s Viacom18 and Disney Star nearing completion, a new media powerhouse called JioStar is set to launch by November 13. This merger, valued at ₹70,350 crore, marks a significant move in the Indian media landscape, combining resources from two of the biggest names in entertainment. The ownership structure of JioStar will see Reliance Industries holding a 16.34% stake, Viacom18 controlling 46.82%, and Disney holding 36.84%. The entity will be led by Nita Ambani, wife of Mukesh Ambani, as chairperson, with Uday Shankar serving as vice-chairperson.