RIL-Disney to divest seven channels, won’t bundle ad slots for cricket

New Delhi | Mumbai: Reliance Industries and Walt Disney will divest seven TV channels, including Star Jalsha Movies, Colors Marathi and Hungama, and desist from bundling TV and OTT ad slots for major cricketing events as part of the remedial measures to allay the antitrust regulator’s concerns over a $8.5-billion merger of their media assets in the country.