– Who owns the merged entity?

– Who will head it?

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– Distribution head

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– Key exit

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– What will it bring together?

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– No bundling of TV and OTT ad slots for cricket

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– Other approval

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– Who owns the merged entity?

The joint venture (JV) has an ownership structure where RIL holds 16.34%, Viacom18 possesses 46.82%, and Disney accounts for 36.84%.

– Who will head it?

Nita Ambani, wife of Reliance Industries chairman Mukesh Ambani, will head the joint venture, with Uday Shankar taking on the role of vice-chairperson.

– Distribution head

Piyush Goyal, the chief operating officer of IndiaCast Media, is expected to be the distribution head for the new entity. IndiaCast is a collaborative venture between TV18 and Viacom18.

– Key exit

K Madhavan, the country manager and president of Disney Star, alongside Sajith Sivanandan, the head of Disney+ Hotstar, made their exit last month.

– What will it bring together?

This merger is set to create India's largest media conglomerate by bringing together two streaming platforms—JioCinema and Disney+ Hotstar—along with 120 television channels.

– No bundling of TV and OTT ad slots for cricket

The companies have voluntarily agreed that post merger, the combined entity will refrain from bundling TV and OTT ad slots for IPL, ICC, and BCCI cricketing rights until the current rights period ends.

– Other approval

The Ministry of Information and Broadcasting (MIB) approved the transfer of licenses of television channels of Viacom 18 Media to Star India ahead of the merger with Disney in September.