Reliance and Disney offer to sell TV channels to secure approval for their $8.5bn India media merger, creating the country's largest entertainment player.

Reliance and Disney offer to sell TV channels to expedite antitrust approval for their $8.5bn India media merger, which, if approved, will create the country's largest entertainment player with 120 TV channels and two streaming services. The companies are resisting changes to cricket broadcast rights, arguing they cannot be sold due to expiry in 2027-28. The Competition Commission of India is examining the merger's potential impact on competition and consumer choice.

August 13, 2024
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