<ul><li>The merger of media assets of Reliance Industries and Disney India is expected to be completed by the end of the third quarter of FY25.</li><li>Reliance Industries and Disney India have obtained the necessary approvals for the merger of their media assets, which was sanctioned by the NCLT and made effective on October 3.</li><li>The merger will create India's largest media empire worth over INR 70,000 Cr, encompassing TV channels and streaming platforms JioCinema and Disney+ Hotstar.</li><li>Nita Ambani, chairperson of Reliance Foundation, will lead the joint venture, while Uday Shankar will serve as vice-chairperson.</li></ul>

Reliance, Disney India Merger Likely To Close In Q3 FY25

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