The deal to merge Reliance Industries Ltd (RIL) subsidiary Viacom18 and The Walt Disney Companys local unit Star India will significantly alter the media and entertainment sector by creating the biggest media entity in the country, said industry executives and experts.
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:India's top conglomerate, Reliance Industries, and Walt Disney on Wednesday announced the merger of their Indian TV and streaming media assets, creating an $8.5 billion entertainment juggernaut in the world's most populous nation.The merged entity will have 120 TV channels and two streaming platforms, and is
Sony had terminated its two-year-long merger talks with Zee on 22 January, putting an end to the process that would have created a $10 billion media behemoth