One key area of regulatory scrutiny for a Disney-Reliance merger would be their streaming businesses and their power over advertising during cricket. — Reuters
A merger of Walt Disney’s India unit and billionaire Mukesh Ambani’s media business would create an entertainment powerhouse in India, but lawyers say any deal would draw intense antitrust scrutiny and assets would likely need to be shed.
Disney and India’s Reliance, which each have a major streaming service as well as 120 TV channels between them, are looking at merging into an entity in which Ambani’s group would likely have a majority stake, sources said this week.
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