Reliance, India’s top conglomerate, and The Walt Disney Company, one of the world’s leading entertainment companies, announced a major partnership in India.
The deal will merge the Reliance and Disney streaming and media assets, creating an $8.5 billion entertainment behemoth in the world’s most populous nation.
Reliance HQ in Mumbai, India
Reliance will invest $1.4 billion (INR 11,500 crore) to fuel the growth strategy of the new joint venture, while Disney will get access to Indian cricket rights, something the US company was pulling money into for several years. The…
Reliance, India’s top conglomerate, and The Walt Disney Company, one of the world’s leading entertainment companies, announced a major partnership in India.
The deal will merge the Reliance and Disney streaming and media assets, creating an $8.5 billion entertainment behemoth in the world’s most populous nation.
Reliance HQ in Mumbai, India
Reliance will invest $1.4 billion (INR 11,500 crore) to fuel the growth strategy of the new joint venture, while Disney will get access to Indian cricket rights, something the US company was pulling money into for several years. The… Read More GSMArena.com – Latest articles
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