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Reliance has no say if Disney India unit valuation halved to $4.5 billion

Reliance Industries cannot comment on reports of the proposed merger between Walt Disney Co. s India unit and Mukesh Ambani s media business. Disney s India assets are valued at $4.5 billion, lower than the previously pursued $10 billion. The valuation dip is partly due to a revenue write-off from the sale of cricket TV rights to Zee Entertainment Enterprises. ....

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Zee needs strategy shift to survive after Sony merger plan crumbles

A Zee-Sony India merger would have created a media powerhouse in the world s most populous nation with 90-plus channels across sports, entertainment and news segments, which, India s antitrust body at one time said could have "un-paralleled bargaining power" when backed by Sony s global reach. ....

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Reliance Disney Proceed Merger With Antitrust Due Diligence - BW Businessworld

Reliance and Disney enlist legal support as they explore merging into an entertainment powerhouse, facing potential antitrust hurdles and valuing conflicts in their transformative venture, , reliance industries, walt disney, Reliance Disney Merger, entertainment industry ....

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Mukesh Ambani's Jio set to reveal new plans in 2024, Netflix, Amazon may suffer huge loss

After this deal, Reliance will hold a 51% stake, while Disney Hotstar will retain a 49% stake. ....

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Reliance-Disney Star sign new agreement, mega-merger to be finalised by February

Mukesh Ambani s Reliance and entertainment giant Disney Star has signed a non-binding agreement, taking one step forward to the mega-merger. ....

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