Reliance and Disney Finalize $8.5B Merger of Indian Assets; Future of ‘JioHotstar’ Unclear
15 Nov 2024
The $8.5 billion merger between Reliance Industries and Disney’s Indian media assets was completed on Thursday, appointing Nita Ambani as Chairperson of the new joint venture. In a joint announcement, the companies confirmed that their Indian media assets are now organized into three divisions—Entertainment, Digital, and Sports—each led by its...
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