India, Feb. 14 -- I've had a more than cursory interest in this one, and a multitude of reasons for that. The deal between Star India and Reliance Jio, first announced in February of last year and culminated in November, has created what is essentially India's latest media and entertainment company. Star's supremacy in linear TV and over-the-top (OTT) streaming for long looked invincible. But when big money talks, in this case valuations seem to suggest worth of $8.5 billion, it does so without needing a megaphone to highlight its substance. We can always argue about who designed that JioHotstar logo, for it could've looked a lot better and is visually a downgrade to the Disney+ Hotstar or the JioCinema logos that it replaces.

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