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Disney, Reliance plan London meeting for India media merger talks

Reuters · 1y

Reliance Industries and Walt Disney are discussing plans for a potential merger of their India media businesses. The two companies are considering forming a joint venture, with Reliance holding a majority stake. Senior executives from both companies are expected to meet in London next week to discuss the details of the proposed merger. If the merger goes ahead, it would create one of India's largest entertainment companies, competing with the likes of Zee Entertainment, Sony, Netflix, and Amazon Prime.