Reliance & Disney have formally announced their mega merger. Combined Entity's Worth: ₹70,352 Cr The JV has been approved by Competition Commission of India and anti-trust authorities in the EU, China, Turkey, South Korea & Ukraine. The merged entity is home to 100 TV channels + 2 OTT platforms (JioCinema + Hotstar) with a paid subscriber base of over 50 Mn.
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