All about Disney-Reliance merger; a timeline of the $8.5 billion entertainment power merger

The Competition Commission of India (CCI) on Wednesday approved the mega $8.5 billion merger between Reliance Industries Limited and Disney’s Indian media assets. Starting from when it all started to recent developments, BrandWagon Online takes a look at this mega mergers’ timeline.

December 2023: Disney and Reliance – the start of merger talks

It all started in December 2023 when Reliance Industries and Walt Disney were reported to discussed to merge their Indian entertainment operations. It was reported that two sides discussed about a possible joint venture, where Reliance could acquire a majority stake. Most importantly, this merger was assumed to be creating one of India’s biggest entertainment empires.