It is likely that Jio Cinema and Disney+ Hotstar  will  merge  into  a single entity,  bringing  a new and improved OTT experience unlike any other in India. 

  In a major move that  could  change entertainment and OTT viewing in India, Mukesh Ambani’s Reliance has signed a non-binding agreement with Walt Disney Co,  bringing  the companies  closer to  a  mega-merger between RIL and Disney Star.  

 Jio Cinema and Disney+ Hotstar are also  part of  the deal,  which is  likely to be merged  into  a single  entity. Jio Cinema and Hotstar are direct rivals, but their potential merger could be a  game changer  in India’s OTT industry.  

 The Reliance-Disney merger is expected to be  completed by  February 2024, with Ambani’s  company expected  to have more control over the  combined  entity.  According to the initial details  of  the deal, the share split  between Reliance and Disney will be  51-49.  

  Once  the deal  is completed,  it will become the  largest  entertainment merger  in  India. Under the  terms of  the  deal, both  companies will  gain $1.50 for  the merger, while Reliance will  hold  more  shares  in the  company.  

 Jio Cinema and Disney+ Hotstar  are  two major  companies  when it comes to bidding for IPL  rights  and international cricket  tournaments.  With  a  potential merger  looming,  this bidding war could  be over for good. Once  Reliance  takes  control  of  Star India channels,  Star could retain  cricket rights  for  television,  while  OTT rights  could  be given to the merged Jio-Disney platform.  

 The merger between Jio Cinema and Disney+ Hotstar will create  India’s largest  OTT  platform,  with  streaming  rights to cricket and football  as well as HBO and WB content.  This  will also  help  Hotstar  escape  the losses it has  suffered in  the  past  year. 

  Meanwhile,  news of  the  Reliance-Disney  merger  has  caused  a  wave  of users  leaving  Hotstar, which has been struggling for the past few years after losing  its  IPL rights and HBO deal. 

  The Reliance-Disney deal will not  only  bring  change to the OTT  sector  but also  to TV  viewing. The companies are currently  finalizing  the final details of the merger. 

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