Disney-Reliance may have to dilute cricket dominance to secure India merger nod

Disney-Reliance may have to dilute cricket dominance to secure India merger nod

FILE PHOTO: Cricket - ICC T20 World Cup 2024 - Final - India v South Africa - Kensington Oval, Bridgetown, Barbados - June 29, 2024 India's Kuldeep Yadav lifts the trophy as they celebrate after winning the T20 World Cup REUTERS/Ash Allen/File Photo

The Indian antitrust body’s opposition to a proposed $8.5 billion merger of the Indian media assets of Walt Disney and Reliance may force the companies to sell some lucrative cricket broadcast rights or commit to advertising price caps.