Disney, Reliance win nod for India merger despite cricket rights concerns

Disney, Reliance win nod for India merger despite cricket rights concerns

FILE PHOTO: Disney and Reliance logos are seen in this illustration taken, August 13, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Walt Disney Co and Reliance Industries won approval on Wednesday for an $8.5 billion merger of their Indian media assets after assuaging regulatory worries about their grip on broadcasting rights for cricket, India’s favourite sport.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter