Reliance MediaWorks Limited, a privately owned Indian company, provides broadcast professional services. Part of the Reliance Group, it employs approximately 520 people and reported revenues of around $10 million in 2021. The company's operations are centered on film and entertainment services.
On November 20, 2024, the National Company Law Tribunal (NCLT) Mumbai Bench admitted a petition to initiate the Corporate Insolvency Resolution Process (CIRP) against Reliance MediaWorks Ltd. This action followed a reported Rs 6 crore loan default. Netizen Engineering Pvt. Ltd. (formerly Reliance Infocomm Engineering Pvt. Ltd.) filed the plea under Section 7 of the Insolvency and Bankruptcy Code (IBC) 2016. Separately, India's antitrust watchdog conducted a preliminary review of the proposed $8.5 billion merger between Walt Disney's India assets and Reliance MediaWorks, concluding that the merger may harm competition, according to Reuters. Achal joined the BOT VFX team as DFX Supervisor. His experience includes work at Rhythm & Hues, Reliance MediaWorks, RedChillies VFX, Prime Focus World, MPC Films, and Dneg London.
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Reliance MediaWorks offers 3 products in the media tech industry. Reliance MediaWorks's product portfolio comprises of broadcast professional services and media managed services.
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Reliance MediaWorks's revenues were less than $25M in 2023. Caretta Research has split Reliance MediaWorks's revenue into 3 different product categories, the largest of which is broadcast equipment rental. For full access to Reliance MediaWorks's revenue breakdown subscribe to Caretta Portal.
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