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Reliance Industries and Walt Disney Announce Merger of India TV and Streaming Assets

India’s top conglomerate, Reliance Industries, and Walt Disney have announced the merger of their India TV and streaming media assets. This merger creates an $8.5 billion entertainment powerhouse, positioning it far ahead of competitors in India, the world’s most populous nation. The merger between Reliance Industries and Walt Disney aims to capitalize on the growing demand for digital entertainment in India.

The Justice Department is currently reviewing an incident that occurred in early January, where a part of a Boeing plane blew out in mid-flight. This incident is being examined to determine if it violated a 2021 agreement to settle a criminal charge against the company. The review will assess whether Boeing complied with the terms of the settlement and if any further action is necessary.

Netflix has announced that producer Dan Lin will replace Scott Stuber as the streaming company’s top film executive. This change in leadership comes as Netflix continues to expand its original content offerings and strengthen its position in the film industry.

Please note that the information provided in this article is based on reports from the New York Times and has not been independently verified by Reuters.

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