RIL & Disney's $8.5 billion merger gets CCI nod

Thursday, 29 August 2024
The Competition Commission of India has approved the merger of Reliance Industries and Walt Disney India's media assets, with specific modifications. This merger aims to establish an $8.5-billion entertainment powerhouse to compete with Amazon, Netflix, and Sony Pictures Networks. The companies will divest several TV channels and cap advertisement prices for streamed cricket matches for approval.

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CCI flags concerns over cricket rights with Reliance-Disney $8.5 billion merger

The Competition Commission of India initially determined that the $8.5-billion merger between Reliance and Walt Disney's media assets could undermine...
IndiaTimes on August 21, 2024

RIL & Disney's $8.5 billion merger gets CCI nod

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CCI flags concerns over cricket rights with Reliance-Disney $8.5 billion merger