{"id":849381,"date":"2024-08-29T10:02:56","date_gmt":"2024-08-29T04:32:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=849381"},"modified":"2024-08-29T10:02:56","modified_gmt":"2024-08-29T04:32:56","slug":"cci-approves-reliance-owned-viacom-18-and-disneys-8-5-billion-merger-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/29\/cci-approves-reliance-owned-viacom-18-and-disneys-8-5-billion-merger-deal\/","title":{"rendered":"CCI approves Reliance-owned Viacom 18 and Disney\u2019s $8.5 billion merger deal"},"content":{"rendered":"<p>The Competition Commission of India (CCI) has approved the merger between the local unit of The Walt Disney Company, Disney Star and Reliance Industries-owned Viacom 18. The competition watchdog\u2019s approval came with the condition that both companies make some voluntary modifications to address potential competition concerns. Valued at $8.5 billion, this merger is set to become the largest deal in India&#8217;s media and entertainment sector and will create a major entertainment network as both Disney and Reliance Industries combine their vast content libraries and distribution channels. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Competition Commission of India (CCI) has approved the merger between the local unit of The Walt Disney Company, Disney Star and Reliance Industries-owned Viacom 18. The competition watchdog\u2019s approval came with the condition that both companies make some voluntary modifications to address potential competition concerns. Valued at $8.5 billion, this merger is set to become the largest deal in India&#8217;s media and entertainment sector and will create a major entertainment network as both Disney and Reliance Industries combine their vast content libraries and distribution channels.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-849381","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=849381"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849381\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=849381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=849381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=849381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}