DIS Sep 2024 70.000 put
- Reuters
Reliance, Disney seek India antitrust nod with cricket rights assurance, sources say
Reliance Industries and Walt Disney have sought antitrust clearance for their $8.5 billion India media merger by arguing their combined power, especially on cricket broadcasting, will not hit advertisers, two people with direct knowledge told Reuters. The deal, announced in February, has been expected by experts to face intense scrutiny as it will create India's biggest entertainment player with 120 TV channels and two streaming services. Reliance and Disney have told the Competition Commission of India (CCI) the cricket rights were obtained separately under a bidding process which was competitive, said the two sources, who declined to be named as the approval process is confidential.
- Bloomberg
Disney Is Said to Sell Stake in Tata’s India TV Platform
(Bloomberg) -- Walt Disney Co. has struck a deal to sell its minority stake in a subscription television broadcaster to Tata Group, people familiar with the matter said, allowing the US media giant to focus on the merger of its Indian unit with billionaire Mukesh Ambani’s media arm.Most Read from BloombergHarvard Students Walk Out of Commencement Protesting SuspensionsNvidia Stock Surges as Sales Forecast Delivers on AI HopesStocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets WrapIsrael t
- Reuters
Warner Bros Discovery's TNT signs deal with ESPN for College Football Playoff
Walt Disney said on Wednesday TNT will present two-round games for two years and include two quarter-final through 2028 season. TNT will broadcast the sub-licensed College Football Playoff games among additional TNT Sports distribution platforms, Disney said.
