Hotstar, JioCinema beat parents' TV operations in valuations game

Disney+ Hotstar and JioCinema were valued higher than their parent companies' linear TV businesses. Reliance Industries and Disney signed a deal to merge Star India and Viacom18, creating an entity valued at ₹70,352 crore. The valuations by EY and BDO reflect the greater worth of digital platforms compared to traditional TV.
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