Disney, Reliance Seal $8.5 Billion Deal to Merge Indian Media Businesses ...Middle East

The Walt Disney Company and billionaire Mukesh Ambani’s Reliance Industries have merged their massive Indian TV and streaming businesses, ending months of speculation. As per the agreement, Reliance’s Viacom18 is merging with Disney’s Star India. The deal is estimated to be worth $38.5 billion on a post-money basis, the companies said. Reliance Industries will own […]

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