Reliance, Disney announce merger; Nita Ambani to be chairperson – Times of India
[ad_1] NEW DELHI: Reliance Industries Limited (RIL), Viacom 18 Media Private Limited, and the Walt Disney Company have officially announced a strategic joint venture, creating an $8.5 billion entertainment juggernaut far ahead of rivals in the world’s most populous nation. The collaboration aims to amalgamate the operations of Viacom18 and Star India, combining their vast…