Reliance, Disney complete ₹70,352 crore media merger
Reliance Industries owns 16.34% stake in the JV, while its subsidiary Viacom18 holds 46.82% and Disney controls remaining 36.84% in the merged entity.
Reliance Industries owns 16.34% stake in the JV, while its subsidiary Viacom18 holds 46.82% and Disney controls remaining 36.84% in the merged entity.
This decision to cut Disney's global overall workforce by 3.6% comes after new CEO Bob Iger joined the company in November 2022.