6 months ago
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Reliance Industries has completed the merger of Star Television Productions Ltd (STPL), a subsidiary of the company, with Jiostar.
STPL owns the ‘STAR’ marque and licenses it to radical companies.
On November 14, 2024, Reliance had intimated astir the strategy of statement for the merger of STPL with Star India, present known arsenic Jiostar India, different subsidiary of the company.
"Jiostar has, connected November 30, 2025 astatine 6:09 p.m. (IST), informed the institution that the said strategy has go effectual from November 30, 2025, and STPL stands merged with Jiostar," Reliance Industries Ltd informed successful a regulatory filing connected Monday (December 1, 2025).
JioStar is the associated task created aft the merger of the media business of Reliance and the India concern of planetary media elephantine Walt Disney successful November 2024. The combined institution was valued astatine $8.5 billion.
It is the country's starring media and amusement level and had reported revenues of ₹7,232 crore successful the September 4th on with a nett aft taxation of ₹1,322 crore.
It had launched JioHotstar aft the merger of 2 starring OTT platforms — JioCinema and Disney + Hotstar — successful February 2025.
