Thursday, February 29, 2024

Reliance Industries, Disney deal gets thumbs up from D-St

Most brokerage houses are positive on the deal that Reliance Industries and Walt Disney struck on Wednesday to merge their media operations in India. The Disney India-Viacom18 joint venture, with near-monopoly in cricket broadcasting rights in India, is expected to push up advertisement rates and turn the broadcasting industry highly competitive, especially for smaller players.

from Times of India https://ift.tt/2KuoOtR

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