A proposed merger of Walt Disney's and Reliance's media assets in India could spark intense antitrust scrutiny over their market power, with lawyers flagging concerns that the combined entity's strong portfolio of cricket broadcast rights could impact advertisers. The Disney-Reliance $8.5 billion merger would create India's No. 1 TV player with 120 channels, with local rival Zee closest with 50. Analysts at India's Ambit Capital estimate the entity, to be majority owned by billionaire Mukesh Ambani's Reliance, will have a 35% share of India's TV viewership.
Roy P. Disney, Susan Disney Lord, Abigail E. Disney and Tim Disney - in an open letter to Disney shareholders expressed concerns about the threat posed by "self-anointed" activist investors, calling them "wolves in sheep's clothing" waiting to tear the company apart. The letter comes in the middle of Disney's ongoing proxy war with billionaire Nelson Peltz, who has pushed the entertainment and media giant to cut costs, create Netflix-like profit for its streaming business and clean up its succession planning.
This article takes a look at the 16 best cities for retirees in the Pacific Northwest. If you wish to skip our detailed analysis on navigating retirement living in the US, you may go to 5 Best Cities for Retirees in the Pacific Northwest. The Ease of American Travel – and Its Place in Retirement […]