Categories: News

Reliance-Disney Merger Deal: Reliance Industries may get command of a new entity, will Nita Ambani become the chairperson? – Bollywood Keeda

Reliance-Disney Merger Deal: There can be a big announcement on February 28 regarding the merger deal of Reliance Industries and Walt Disney. Regarding which it is being said that the command of the new unit formed after this merger will be in the hands of Reliance Industries. There are reports that Nita Ambani, chairperson of Reliance Foundation and wife of Mukesh Ambani, can become the chairperson of this new entity.

With this merger, Reliance Industry Limited will get more stake. Both groups have streaming services. Besides, there are also 120 television channels among them. Both the groups can invest 1-1.5 billion dollars for the deal.

Who can have how much stake? (Reliance-Disney Merger Deal)

Mukesh Ambani is expected to have a major stake in Reliance. It is believed that Reliance may have 51 percent stake in the new entity and Walt Disney may have 49 percent stake. After this deal, Reliance’s strength will increase in India’s media and entertainment sector.

There will be competition with giants (Reliance-Disney Merger Deal)

The new entity formed after the completion of this merger deal will directly compete with the big names in this sector. In which streaming will be available from Sony as well as Amazon Prime and Netflix.


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