Koustuvi Ghosh to be Star Jalsha Business Head

Ghosh’s most recent role was that of General Manager for Disney Star

by e4m Staff
Published: Nov 15, 2024 11:22 AM | 1 min read

Koustuvi Ghosh will be Star Jalsha’s business head in the newly formed JV (joint venture) between Reliance Industries Limited (RIL), Viacom18 Media, and The Walt Disney Company.

Ghosh’s most recent role was that of General Manager for Disney Star, having been a long-time alumnus of Star TV Network across its various iterations and entities, having clocked in an impressive 15-plus years at the company in a variety of roles and having thus gained a wealth of experiences, sure to come handy in the new entity.

The newly formed merger, approved by all regulatory authorities across India and the world, united Viacom18's and JioCinema's media assets with Star India, creating a media conglomerate valued at approximately Rs 70,352 crore (US$8.5 billion). RIL has further invested Rs 11,500 crore (US$1.4 billion) in the JV to bolster its growth into a media and entertainment titan.

RIL, as the majority shareholder with a 56% stake, leads the JV. Disney holds 36.84%, while Viacom18 contributes 46.82%. This strategic alliance brings together some of India's most beloved entertainment brands, including Star, Colors, JioCinema, and Hotstar, under a single entity. The newly formed media powerhouse will operate over 100 TV channels, produce over 30,000 hours of content annually, and cater to a combined digital subscriber base exceeding 50 million.