BENGALURU, Aug 28 (Reuters) - India's competition

regulator has approved the $8.5 billion merger of Reliance

Industries and Disney's ( DIS ) Indian media assets,

subject to certain voluntary modifications, it said in a post on

social media platform X on Wednesday.

The Competition Commission of India did not disclose the

concessions made.

Disney ( DIS ) and Reliance had offered some concessions to secure

an the approval for their merger, Reuters reported last week,

citing sources.

Reliance-Disney ( DIS ) aims to create India's biggest entertainment

player to compete with Sony ( SONY ), Netflix ( NFLX ) and

Amazon ( AMZN ) with 120 TV channels and two streaming services.