Reliance Industries has completed the merger of Star Television Productions with its Indian joint venture JioStar, effective November 3, 2025. This consolidation unifies brand ownership and operations under one entity, enhancing efficiency and creating India's largest media powerhouse with over 100 TV channels and leading streaming platforms.
Reliance Industries Limited has announced the merger of Star Television Productions Limited (STPL) with JioStar India, effective November 3, 2025. This follows Reliance’s acquisition of a 63.16% stake in STPL in November 2024, previously held by a Disney shareholder. The merger consolidates the iconic Star brand and associated assets under the JioStar umbrella, a joint venture formed between Reliance and Disney through the merger of Star India and Viacom18 in November 2024.
The merger brings operational efficiencies, streamlining brand ownership and digital content integration, including the popular JioHotstar streaming platform. JioStar now operates over 100 television channels across diverse genres, including Star and Colors brands, making it India's largest media and entertainment company by reach and content.
This strategic move aims to enhance value for shareholders and optimize synergies between Reliance and Disney’s media assets, further strengthening their position in India’s competitive media sector.
Key Highlights
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Merger effective November 3, 2025, following NCLT approval.
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Star Television Productions becomes part of joint venture JioStar India.
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JioStar operates 100+ TV channels and leading streaming platforms like JioHotstar.
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Reliance holds 63.16% stake; Disney owns 36.84% in the joint venture.
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Merger enhances operational efficiencies, brand consolidation, and shareholder value.
Sources: National Company Law Tribunal, Economic Times, Broadcast & Cable Sat, Best Media Info