Reliance’s Viacom18-Disney merger: Government approves transfer of license to Star India
New Delhi: The government has approved the transfer of licence relating to non-news and current affairs TV channels held by the media entities of billionaire Mukesh Ambani-led Reliance Industries to Star India.
According to regulatory filings by Reliance Industries and TV18 Broadcast, the Ministry of Information and Broadcasting granted the approval in an order dated September 27.
“The Ministry of Information and Broadcasting, Government of India, vide its order dated September 27, 2024, has granted its approval for transfer of Licenses relating to Non-News & Current Affairs TV channels held by Viacom18 Media Private Limited in favour of Star India,” it said.