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Reliance will invest $1.4 billion in capital, and the merger gives the company control of roughly 85% of its streaming market between JioCinema and Hotstar, with 50 million subscribers and roughly ...
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Reliance-Disney tie-up: CCI grants approval for $8.5-billion mega asset merger; Key detailsR eliance-Disney merger: The Competition Commission of India (CCI) on Tuesday released a 48-page order that grants approval for the merger of media assets between Reliance Industries and Walt Disney.
Walt Disney Co and Reliance Industries won approval on Wednesday for an $8.5 billion merger of their Indian media assets after assuaging regulatory worries about their grip on broadcasting rights ...
The ownership structure breaks down to Reliance Industries holding 16.34%, Viacom18 with 46.82%, and Disney maintaining 36.84%. In a separate transaction, Reliance acquired Paramount Global’s 13 ...
India's antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media assets merger, including details on sports rights as it heightens ...
CCI approves Reliance-Disney merger with conditions, including divestment of seven TV channels and separation of ad sales for major cricket rights BestMediaInfo Bureau 23 Oct 2024 10:54 IST ...
Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse in the country’s streaming and television markets.. The deal, proposed in ...
However, the exact details of the content-sharing strategy remain unclear. About the Reliance-Disney merger. The Reliance-Disney merger is a deal valued at a massive USD 8.5 billion.
BENGALURU, (REUTERS) – Walt Disney Co and Reliance Industries won approval on August 28 for an $8.5 billion merger of their Indian media assets after assuaging regulatory worries about their ...
Disney’s merger with Reliance Industries in India is going ahead after the country’s competition authority gave the deal a greenlight. In a social media post earlier today, the Competition ...
BENGALURU (Reuters) -An Indian company tribunal has approved the $8.5 billion merger of Reliance Industries and Disney's Indian media assets, Reliance said on Friday. Earlier this week, the ...
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