RELIANCE INDUSTRIES has finalised the merger of Star Television Productions Ltd (STPL), a wholly owned subsidiary, with Jiostar. STPL owns the ‘Star’ brand and licenses it to companies within the group.
The company had previously disclosed, on 14 November 2024, a scheme of arrangement to merge STPL with Star India, now renamed Jiostar India, another subsidiary of Reliance.
“Jiostar has, on November 30, 2025 at 6:09 p.m. (IST), informed the company that the said scheme has become effective from November 30, 2025, and STPL stands merged with Jiostar,” Reliance Industries stated in a regulatory filing on Monday.
Jiostar is the joint venture formed following the merger of Reliance’s media business with the India operations of global media giant The Walt Disney Company in November 2024. The combined entity was valued at $8.5 billion at the time of its creation.
Now the country’s leading media and entertainment platform, Jiostar reported revenues of Rs 7,232 crore and a profit after tax of Rs 1,322 crore in the September quarter. The company also launched JioHotstar in February 2025, following the integration of JioCinema and Disney+ Hotstar, two of the India’s most prominent OTT platforms.
