Disney will merge with Reliance

“Reliance Industries and Disney’s India division are set to announce their merger soon. This combined entity will be enormous, controlling over 40% of the TV market for entertainment and sports. With the Zee-Sony merger falling through, there’s no other significant competitor left to challenge the dominance of Reliance Industries and Disney.
The merger news comes at a time when both their streaming services are facing challenges. Disney Hotstar has been experiencing a decline, losing IPL rights (to Reliance Industries), HBO content (also to Reliance Industries), and subscribers. Meanwhile, Jio Cinema has been attracting viewers but lacks original content and a solid monetization strategy.
Details about ownership and structure are still limited. Some reports suggest that Reliance Industries will hold a 61% stake and inject an additional $1.5 billion into the venture. Valuation could also be a potential sticking point. Keep an eye on this development!”

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Billionaire Mukesh Ambani’s Reliance Industries Ltd.(RIL) and The Walt Disney Company have agreed to merge their digital streaming and television assets in India* , creating an $8.5-billion media behemoth spanning at least 100 channels across entertainment and sports, and two digital streaming platforms.

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Exciting news! Reliance Industries and Disney’s merger spells big changes in entertainment. Challenges ahead, but potential for innovation. Can’t wait to see how it unfolds!

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Something big gonna happen :exploding_head:

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Reliance Industries has been in the business for a long period and has shown a strong growth rate over recent years as it has been able to grow its market share

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Great news! Its gonna be a big thing… excited to see how it unfolds.

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I am so excited for this collab of Disney with reliance. It’s gonna be great.

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This is a really big News.Really very Excited for thiss one!!

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This is a really big news !! It will bring immense change in entertainment industry and I hope it works out well… excited to see how this one turns out !!

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wow thats huge!! can y’all believe this?

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Its gonna be a big thing :scream:

Can’t wait for this!!!

Oh damn!! That’s interesting. Let’s see how well these companies work together

Yeah ,same can’t wait for it and excited to know more about it

Wow that’s big news.

Exited for this one.

Excellent news, let’s see what happens next.

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I think that’s a bad idea as it will not benefit them

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If this happens then reliance get control over television market.
This will benefit both of them

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Soon they gonna charge for live cricket broadcast.