Jyoti Deshpande Joins RIL as Media President for its M&E business
Jyoti Deshpande has been appointed as the Media President of the Chairman's office for media and entertainment business at Reliance Industries Ltd (RIL). Prior to this, she was associated with Eros International as the Executive Director and will continue to be a related with Eros as a non-executive non-independent director as mentioned by Eros International in a BSE filing.
Deshpande’s new appointment will be effective from April 1, 2018.
As a Media President, Deshpande will be leading the company initiatives to foster growth in Media and entertainment around the content ecosystem while consolidating RIL’s existing media investments including Viacom18 and Balaji Telefilms.
The appointment comes in the wake of RIL’s announcement made during March where the announcement was made that RIL will acquire 5% stake through its subsidiary in Eros International for Rs 1,000 crore with intent to produce and acquire the Indian films and digital originals segment covering all the languages. In accordance with the announcement, both the companies have corresponded to partner in India to jointly produce and integrate content pan India.
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