STPL officially merges into Jiostar

Reliance Industries Ltd (RIL) has completed the merger of its subsidiary Star Television Productions Ltd (STPL) with Jiostar, strengthening the unified structure of its expanding media business.

STPL, which owned the ‘STAR’ brand and licensed it to group entities, has now been fully integrated into Jiostar. Reliance informed stock exchanges that Jiostar confirmed the merger’s effectiveness at 6:09 pm on November 30, 2025. The process follows the scheme of arrangement first announced in November 2024, when Star India now renamed Jiostar India was brought under the joint venture.

According to industry observers, the merger was undertaken to streamline the ownership of key media assets and consolidate brand rights within a single entity. By absorbing STPL, Reliance reduces administrative overlap, enhances operational efficiency and simplifies regulatory compliance. The move also aligns with the broader restructuring that followed the merger of Reliance’s media assets with Disney’s India business, ensuring all legacy Star India components operate cohesively under Jiostar. This unified structure is expected to strengthen strategic planning, content monetisation and the company's competitive positioning in the entertainment market.

Formed in November 2024, Jiostar, the joint venture between Reliance and Walt Disney was valued at USD 8.5 billion at the time of its creation. The company has since emerged as India’s largest media and entertainment platform. For the September quarter, Jiostar reported revenues of ₹7,232 crore and a profit after tax of ₹1,322 crore.

Earlier this year, Jiostar launched JioHotstar, a combined OTT platform created after integrating JioCinema and Disney+ Hotstar in February, further consolidating its digital presence.