Disney, Reliance sign nonbinding agreement for media ops: Economic Times

Merger would create one of the South Asian country's biggest entertainment empires

20231225N Disney-Reliance

The Disney-Reliance deal is likely to be completed by February. © Reuters

BENGALURU (Reuters) -- Reliance Industries, India's most valuable company, and The Walt Disney Co. signed a nonbinding term sheet to merge their Indian media operations, The Economic Times reported on Monday, citing sources it did not name.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.