Unlisted Markets

JioStar

Media & Entertainment · Broadcasting & Streaming

Unlisted / private marketUnlistedScreened Candidate
Prospera Indicative PriceIndicative price unavailable

Awaiting a verified source quote. No third-party quote is on record for this company yet, so there is no indicative price to show — and we would rather leave it blank than print a number we cannot stand behind. Our team can confirm the current dealable level directly.

Indicative private-market reference — not an exchange quote. Not investment advice.

Implied valuation
Not available
Revenue growth
Not disclosed
EBITDA margin
Not disclosed
Prospera Score
Not yet scored
Orientation

What the market says, and what we know.

Two separate things, deliberately shown side by side: a sourced private-market price reference, and the depth of research that actually stands behind this company today.

Market reference

No third-party quote has been sourced for this company yet, so there is no market reference to show. Ask us to check the current level and we will come back with what the market is actually doing.

Prospera researchScreened Candidate
  1. Research Universe — availableCatalogued as a strategically relevant private-market company.
  2. Basic Research — availableBusiness and ownership facts verified against primary sources — 2 sourced records on file.
  3. Deep Research — not availableNot started. No financials, no implied valuation and no Prospera Score exist for this company.
  4. Prospera Recommendation — not availableNo Prospera view has been published. Presence in the universe is not a recommendation.
Price history

Indicative Private-Market Price History

Real, dated third-party observations only — plotted where they exist, never interpolated, extended or carried forward. This is a record of private-market sightings, not a live exchange chart.

Price history not available. No dated third-party quotes have been sourced for this company yet.

What the company does

The business, in plain English.

Assembled only from records that exist for this company. Anything not disclosed says so.

Founded
2024
Headquarters
Mumbai, Maharashtra
Sector
Media & Entertainment · Broadcasting & Streaming
Promoters
Reliance Industries Limited (via Viacom18), The Walt Disney Company

What it does

JioStar operates India's largest television and digital entertainment network, combining more than 100 TV channels with the JioCinema and Disney+ Hotstar streaming platforms following completion of the Reliance-Disney media merger on November 14, 2024. The joint venture holds marquee sports broadcasting rights, including cricket, across linear TV and digital. It earns revenue through advertising, subscriptions and sports media rights monetization across entertainment, movies and sports genres.

Source: JioStar (company press release)

Why it matters

Competes with Zee Entertainment Enterprises, Sony Pictures Networks India (Culver Max Entertainment/SonyLIV) and Netflix/Amazon Prime Video across broadcasting and streaming, and holds an outsized share of Indian sports media rights, particularly cricket.

Source: Not attributed

Ownership structure

Reliance Industries holds a combined 63.16% (16.34% direct plus 46.82% via Viacom18); The Walt Disney Company holds 36.84%. Nita Ambani chairs the board with Uday Shankar as vice-chairperson; three co-CEOs run entertainment, digital and sports divisions.

Promoters & principal holders: Reliance Industries Limited (via Viacom18), The Walt Disney Company

Private-market context

Unlisted joint venture, formed via NCLT-approved merger completed November 14, 2024

UnlistedPre-IPODRHP FiledPublic

What to understand before investing

  • Unlisted shares can be difficult to sell. There may be no continuous market and no guaranteed buyer at the price you see.
  • Any price shown here is an indicative private-market reference, not an exchange quote and not an executable price.
  • An expected IPO may be delayed, repriced or never happen at all.
  • A good company can still be a poor investment at the wrong valuation.
These are standing characteristics of the asset class, not findings about this company. Company-specific risks appear below only where they have been researched.
Research status

Research is not yet complete for this company.

We would rather say that plainly than publish a page that looks finished.

No financials, no implied valuation and no peer comparison have been researched for this company yet.

No Prospera Private Market Score and no Prospera view exist. Being in our universe is not a recommendation, and we will not manufacture one to fill this space.

What you can rely on above is what has actually been verified: the company's identity and business facts, any sourced price observations on record, and any risks that have been documented. If you want us to prioritise deeper work here, ask — that is genuinely how the queue gets set.

Risk

What could go wrong.

Documented, per-company risks — grouped by the categories the research itself recorded. There is no risk score here, because we do not compute one.

Business

1 recorded risk

Disney+ Hotstar has shown steep subscriber losses in quarters lacking major cricket rights, indicating the combined platform's streaming metrics remain heavily dependent on live sports content

Source: TechCrunch reporting on Hotstar subscriber trends

Governance

1 recorded risk

The combined entity's outsized share of cricket broadcasting and TV/digital advertising inventory has drawn scrutiny from competition regulators and rival broadcasters over market concentration

Source: Business Standard / BestMediaInfo industry coverage
Corporate events

What's happened, and why it matters.

Dated, sourced events only — recorded as they were reported, in reverse order of significance to a private-market holder.

  1. Other14 Nov 2024

    Completion of Reliance-Disney media merger

    Created India's largest media conglomerate by combining two rival broadcaster/streamer groups, materially reshaping competitive dynamics in TV, OTT and sports rights

    Source: JioStar
Sources & evidence

Everything traceable.

Every figure on this page comes from one of the records below. Where a source published a link, it is here.

FieldSourceAs of
Business DescriptionJioStar (company press release)Not disclosed
Competitive PositionNot attributedNot disclosed
Next step

Interested in JioStar?

Every option below opens a conversation with a person at Prospera. Nothing here places, reserves or executes an order.

We will come back with the current dealable level, the available lot size and what the process actually involves. Indicative prices shown on this page are private-market references, not executable quotes.