Walt Disney CEO Bob Iger supports a joint venture with Reliance Industries, merging their India businesses, for profit and risk reduction benefits.

Walt Disney CEO Bob Iger believes that a joint venture with Reliance Industries after merging their India businesses would benefit Disney in terms of profit and risk reduction. The merger deal will create a significant entity for Disney to stay in the Indian market. The deal involves Reliance and affiliates holding 63.16%, with Disney owning 36.84% in the joint venture.