What We Know About The $8.5 Billion Disney Merger With Reliance In India

ToplineDisney announced it would merge its India operations with the country’s largest conglomerate, billionaire Mukesh Ambani’s Reliance Industries, in a $8.5 billion deal that will create one of the world’s largest media ventures—and signals a small retreat from the India market by Disney.The merger will serve more than 750 million viewers in India—and signals a retreat for Disney. SOPA Images/LightRocket via Getty Images Key FactsThe deal merges Disney’s Star India with Reliance-controlled Viacom18—and w ...