India’s JioStar Reports $2 Billion in Half-Year Revenue, 400 Million Streaming Users

JioStar, the Indian media giant formed from the merger of Disney’s Star India and Reliance’s Viacom18, reported record quarterly EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $196 million with industry-leading margins of 28.1% for the quarter ended Sept. 30, parent company Reliance Industries has revealed. The media business posted gross revenue of $815 […]