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Feb 28, 2024, 8:29 am116 pts
TechCrunch
Reliance, its portfolio Viacom18 and Disney are merging their media businesses in India, creating the largest media conglomerate in the South Asian market. Reliance will control and own 16.34% of the joint venture, which it has valued at $8.5 billion. Disney will own 36.84% stake in the merged entity whereas…
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