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Disney And Reliance Will Combine Their Media Assets In India

Reliance Industries and Walt Disney announced the merger of their India TV and streaming media assets, creating a dominant entertainment force in the country. Reliance will inject $1.4 billion into the merged entity, holding over 63% stake, while Disney will hold about 37%. Nita Ambani will chair the joint venture, with Uday Shankar as Vice Chairperson, guiding strategic decisions. The merger aims to reshape India’s media landscape.

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