Breaking News: Disney to Step Back From India in Mega-Deal with Reliance Industries
The Walt Disney Company announced on Wednesday a joint venture with India’s biggest conglomerate, Reliance Industries, in an $8.5 billion deal that will create a media powerhouse in the world’s most populous nation and end Disney’s decades-long solo effort to gain a foothold in the market. Reliance Industries, which is owned by Mukesh Ambani, India’s … Read more