Most brokerage houses are positive on the deal that Reliance Industries and Walt Disney struck on Wednesday to merge their media operations in India. The Disney India-Viacom18 joint venture, with near-monopoly in cricket broadcasting rights in India, is expected to push up advertisement rates and turn the broadcasting industry highly competitive, especially for smaller players.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gmy1pNB
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