European Commission Clears Reliance-Disney Merger Deal

Disney To Launch Star Streaming Service In India

The Walt Disney Company has announced that it will launch its streaming service, Star, in India on March 29, 2021. Star will offer a wide range of local and international content, including live sports, movies, and TV shows.

The launch of Star in India is a major coup for Disney, as India is one of the largest and fastest-growing streaming markets in the world. Disney already has a strong presence in India through its popular channels such as Disney Channel, ESPN, and National Geographic.

With the launch of Star, Disney will be able to offer viewers in India a more comprehensive streaming experience, with a wider range of content and a more personalized user interface.

Disney's Star Streaming Service To Be Priced Competitively

Disney has announced that its Star streaming service will be priced at Rs 299 per month in India. This is significantly lower than the price of other streaming services in India, such as Netflix and Amazon Prime Video.

By pricing Star competitively, Disney is hoping to attract a large number of subscribers in India. The company is also offering a variety of discounts and promotions to early adopters.

With its competitive pricing and wide range of content, Star is expected to be a major player in the Indian streaming market.

Reliance-Disney Merger Deal Approved By European Commission

The European Commission has approved the merger deal between Reliance Industries and Walt Disney. The deal will see Reliance acquire a controlling interest in Disney's Star India unit.

The merger deal was first announced in May 2019. However, it has been delayed due to regulatory approvals. The deal has now been approved by the European Commission, and it is expected to be completed in the coming months.

The merger deal will create a major media and entertainment company in India. Reliance is one of the largest conglomerates in India, with interests in oil and gas, telecom, and retail. Disney is one of the world's largest media companies, with a portfolio of popular brands such as Disney, Pixar, Marvel, and Lucasfilm.