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Reliance Merger News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Reliance in talks to buy 30% Tata Play stake from Disney to strengthen television distribution & JioCinema

Reliance Industries is reportedly in talks to acquire a 29.8% stake in Tata Play, a subscription-based satellite TV and video streaming service, from Walt Disney. The potential deal would strengthen Reliance s presence in India s television distribution sector and expand the reach of its streaming platform, JioCinema. Tata Play, owned by Tata Sons and Temasek, faces competition from Netflix, Hotstar, JioCinema, and Amazon Prime.

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