RIL to merge Viacom18 with Disney's Star in $8.5bn deal
Thursday, 29 February 2024
Reliance Industries and Walt Disney on Wednesday signed a binding pact to merge their media operations in India in a $8.5-billion deal, creating a behemoth with 120 TV channels and two digital OTT platforms. Nita Ambani will lead the merged company's board.
Reliance Industries and Walt Disney on Wednesday signed a binding pact to merge their media operations in India in a $8.5-billion deal, creating a behemoth with 120 TV channels and two digital OTT platforms. Nita Ambani will lead the merged company's board.
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