BEAMSTART Logo

CCI flags concerns over cricket rights with Reliance-Disney $8.5 billion merger

Times of India LogoTimes of India10h ago

CCI flags concerns over cricket rights with Reliance-Disney $8.5 billion merger - Times of India

Quick Summary:

The Competition Commission of India initially determined that the $8.5-billion merger between Reliance and Walt Disney's media assets could undermine competition, especially in cricket broadcasting rights.

The merged entity might gain significant market power, raising concerns about pricing and advertiser influence.

Reliance and Disney have 30 days to address these concerns to avoid a probe.

More Pictures

CCI flags concerns over cricket rights with Reliance-Disney $8.5 billion merger - Times of India (Picture 1)

or

Article Details

Author / Journalist: Reuters

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 08:52:36 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 631 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22187146

View Article Analysis

About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 17 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 50 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "CCI flags concerns over cricket rights with Reliance-Disney $8.5 billion merger" has 631 words across 25 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "CCI flags concerns over cricket rights with Reliance-Disney $8.5 billion merger" was covered 10 hours ago by Times of India, a news publisher based in India.

How trustworthy is 'Times of India' news outlet?

Times of India is a fully independent (privately-owned) news outlet established in 1838 that covers mostly economy and business news.

The outlet is headquartered in India and publishes an average of 17 news stories per day.

It's most recent story was published 50 minutes ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #22187146
  • URL: https://beamstart.com/news/cci-flags-concerns-over-cricket-17242049373450

More News from Times of India

Latest Jobs

More Economy News

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2024 BEAMSTART. All Rights Reserved.