Friday, May 24, 2024

Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance

Reliance and Disney are said to have asked the Competition Commission of India (CCI) to approve their $8.5 billion media merger by arguing their combined power will not hit advertisers. The deal will result in the creation of India's biggest entertainment player with 120 TV channels and two streaming services, and is expected to face intense scrutiny.

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