Disney, Reliance Close Megadeal to Form Indian Entertainment Powerhouse ...Middle East

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Disney, Reliance Close Megadeal to Form Indian Entertainment Powerhouse
source : NY Times News ( Middle East ) () 43
The Walt Disney Co., Reliance Industries Ltd. (RIL), and Viacom 18 Media Private Ltd. said Thursday that the merger of the media and JioCinema businesses of Viacom18 into Star India has become effective, creating a big joint venture in India. In addition, RIL has invested around $1.4 billion into the joint venture (JV) for its growth. “The JV […] The post Disney, Reliance Close Megadeal to Form Indian Entertainment Powerhouse appeared first on NY Times News Today.

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