Viacom18 And Walt Disney Merger Effect: Jio To Lay Off 1,100 Employees
06 Mar 2025 16:21 PM IST
JioStar, valued at Rs 70,352 crore, is now positioned to compete with major streaming platforms like Netflix and Amazon Prime Video, while also bolstering its television business. The company’s majority stake is owned by Reliance Industries through Viacom18 and direct ownership, with Disney holding a 36.84% stake.