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Reliance Industries, Disney deal gets thumbs up from D-St
Thursday, 29 February 2024
Most brokerage houses are positive on the deal that Reliance Industries and Walt Disney struck on Wednesday to merge their media operations in India. The Disney India-Viacom18 joint venture, with near-monopoly in cricket broadcasting rights in India, is expected to push up advertisement rates and turn the broadcasting industry highly competitive, especially for smaller players.
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