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Disney India Agrees To Sell Its 60% To Viacom18

Disney India Agrees To Sell Its 60% To Viacom18

Broadcasting companies Sony and Zee were in talks of merging, but that fell apart due to financial and internal issues. However, in a historic deal, Disney India has now come to a preliminary agreement to sell 60% of its business to Reliance’s Viacom18. This means most of Disney’s business rights will go to Viacom18 and…