The joint venture between Reliance Industries and Disney values the entity at Rs 70,352 crore, positioning it strongly in both television and digital sectors in India. With combined revenues of Rs 26,000 crore, over 100 channels, and 30,000 hours of content annually, the venture targets mass audiences through platforms like JioCinema and Hotstar, focusing on innovation and technological growth with a significant investment from Reliance Industries. Despite losses incurred by Disney due to major sports bid, the venture remains optimistic about the vast opportunities and growth potential in the Indian market.
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