Disney, Reliance to merge India media operations to create ₹70,000-crore behemoth
Reliance has agreed to invest around ₹11,500 crore in the joint venture to grow the OTT business. | Photo Credit: Reuters Walt Disney Co and Reliance Industries on February 28 announced signing of binding pacts to merge their media operations in India to create a ₹70,000 crore behemoth. Reliance and its affiliates will hold 63.16%…
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