Disney Announced Completion Of The Planned Merger And JV Of Its India Streaming Service Hotstar With Reliance Industries Owned Viacom 18 Media; JV Valued At $8.5B, Co-Owned 16.34% By Reliance, 46.82% Viacom And 36.84% Disney
Disney Announced Completion Of The Planned Merger And JV Of Its India Streaming Service Hotstar With Reliance Industries Owned Viacom 18 Media; JV Valued At $8.5B, Co-Owned 16.34% By Reliance, 46.82% Viacom And 36.84% Disney
The JV is home to the most iconic and engaging media brands in India across TV and digital platforms. The combination of 'Star' and 'Colors' on the television side and 'JioCinema' and 'Hotstar' on the digital front will provide extensive choice of content across entertainment and sports to viewers in India and globally.Reliance Industries Limited ("RIL"), Viacom 18 Media Private Limited ("Viacom18") and The Walt Disney Company (NYSE:DIS) ( "Disney") today announced that following the approval by the Hon'ble NCLT Mumbai, Competition Commission of India and other regulatory authorities, the merger of the media and JioCinema businesses of Viacom18 into Star India Private Limited ("SIPL") has become effective (the "JV"). In addition, RIL has invested ₹ 11,500 crore (~US$ 1.4 billion) into the JV for its growth. The JV has allotted shares to Viacom18 and RIL as consideration for the assets and cash, respectively.
印度信實工業有限公司（"RIL"）、維亞康姆18媒體私人有限公司（"Viacom18"）和華特迪士尼公司（紐交所：DIS）（ "迪士尼"）今天宣佈，在孟買尊敬的NCLt、印度競爭委員會和其他監管機構批准後，維亞康姆18媒體和JioCinema業務與Star India私人有限公司（"SIPL"）的合併已生效（"合資企業"）。此外，RIL已向JV投資了11500億盧比（約14億美元）用於其增長。JV已分配股份給Viacom18和RIL作爲資產和現金的對價。
The transaction values the JV at ₹ 70,352 crore (~US$ 8.5 billion) on a post-money basis, excluding synergies. At the closing of the transactions noted above, the JV is controlled by RIL and owned 16.34% by RIL, 46.82% by Viacom18 and 36.84% by Disney.
該交易將JV的價值基於後募資基礎定爲70352億盧比（約85億美元），不包括協同效應。在上述交易結束時，JV由RIL控制，RIL持有16.34%，Viacom18持有46.82%，迪士尼持有36.84%。
Mrs. Nita M. Ambani will be the Chairperson of the JV, with Mr. Uday Shankar as Vice Chairperson providing strategic guidance to the JV.
尼塔·m·安巴尼夫人將擔任JV的主席，烏代·尚卡爾先生將擔任副主席，爲JV提供戰略指導。
The JV is home to the most iconic and engaging media brands in India across TV and digital platforms. The combination of 'Star' and 'Colors' on the television side and 'JioCinema' and 'Hotstar' on the digital front will provide extensive choice of content across entertainment and sports to viewers in India and globally.
JV是印度電視和數字平台上最具標誌性和引人入勝的媒體品牌之一。在電視方面結合了'Star'和'Colors'，在數字前端結合了'JioCinema'和'Hotstar'，爲印度和全球觀衆提供了豐富的娛樂和體育內容選擇。
譯文內容由第三人軟體翻譯。
