History in the making! The CCI just greenlit the $8.5 billion Disney-Reliance media merger.
What's the big deal?
Reliance + affiliates: 63.16% stake
Disney: 36.84% stake
Result: A media powerhouse with 2 streaming services & 120 TV channels
Why it
I think jio cinema is also making the same thing what Netflix did in usa just by paying 10% of dth recharge we can use the Netflix same where jio cinema is doing with 29 same strategy which is quite good