Reliance merges Star TV with Its subsidiary to form JioStar India

Mumbai, Dec 2 (UNI) Mukesh Ambani-led Reliance Industries Ltd has officially announced that it has completed the merger of Star Television Productions (STPL), a subsidiary of the company, with JioStar and the subsidiary will now be known as JioStar India, the company informed the stock exchange through a regulatory filing.
“This is further to our disclosure dated November 14, 2024, wherein we had intimated about the scheme of arrangement for merger of Star Television Productions Limited (“STPL”), a subsidiary of the Company with Star India Private Limited (now known as Jiostar India Private Limited) (“Jiostar”), another subsidiary of the company,” according to a stock exchange filing.
STPL owns the ‘STAR’ brand and licenses it to group companies. JioStar is the joint venture created after the merger of the media business owned by Reliance and the India business of global media giant Walt Disney in November 2024. The combined company was valued at $8.5 billion.
JioStar is India’s leading media and entertainment platform and it reported revenues of Rs 7,232 crore in the September quarter along with a profit after tax of Rs 1,322 crore.
It had launched JioHotstar after the merger of two leading OTT platforms, namely JioCinema and Disney Hotstar, in February 2025.
By merging STPL into Jiostar, Reliance has effectively moved the ‘Star’ intellectual property into the same balance sheet as the operating TV and streaming businesses that use the brand.
The ‘Star’ name continues to sit on a large bouquet of general entertainment and movie channels, as well as premium sports properties, even as the combined platform consolidates its ‘Jio’ and ‘JioHotstar’ identities as digital platforms.
With STPL now merged into Jiostar, any future decisions around the use, extension or possible repositioning of the ‘Star’ brand will be taken directly at the JV level rather than via intra-group licensing arrangements.
For Reliance and Disney, moving the ‘Star’ brand fully under JioStar is another step towards simplifying ownership and governance as they integrate operations across TV, digital and advertising.