Reliance Industries Finalises Merger of Star Television Productions with Jiosta
STPL, which owns the ‘STAR’ brand, officially merges into Jiostar as Reliance strengthens its media empire through the Disney joint venture.
New Delhi, Dec 02: Reliance Industries Ltd (RIL) has announced the completion of the merger of Star Television Productions Ltd (STPL), one of its subsidiaries, with Jiostar. STPL, which owns the ‘STAR’ brand and licenses it to various group companies, is now fully integrated into Jiostar.
RIL had earlier disclosed the scheme of arrangement on November 14, 2024, detailing the planned merger of STPL with Star India now renamed Jiostar India another Reliance subsidiary. According to the company’s latest regulatory filing, Jiostar confirmed that the merger became effective on November 30, 2025 at 6:09 pm (IST).
Jiostar is the joint venture formed after the merger of Reliance’s media business with the India operations of global entertainment major Walt Disney in November 2024. The combined entity was valued at USD 8.5 billion, making it India’s largest media and entertainment platform.
In the September quarter, Jiostar reported revenues of ₹7,232 crore and a profit after tax of ₹1,322 crore. Earlier this year, the company launched JioHotstar, created through the integration of JioCinema and Disney+ Hotstar two of India’s biggest OTT platforms.
The merger of STPL with Jiostar marks another step in consolidating Reliance’s fast expanding digital and entertainment business, positioning Jiostar as a dominant player in India’s content and streaming ecosystem.
