29/2/2024, 4:23:02 pm

Mukesh Ambani's Disney dream could add to nightmares for Zee

With billionaire Mukesh Ambani's Reliance Industries (RIL) and Viacom18 joining forces with Disney to create a Rs 70,000 crore worth broadcast network, debt-ridden Zee Entertainment Enterprises will now have a tougher time finding an investor that can compete with India's richest tycoon. Zee, which has already been struggling since its merger breakdown with Sony, would be negatively impacted.