09:32 AM EDT, 08/13/2024 (MT Newswires) -- Walt Disney ( DIS ) and Reliance have offered to sell some channels to expedite antitrust approval of their $8.5 billion India media assets merger, Reuters reported, citing two sources familiar with the matter.

After the Competition Commission of India privately asked Reliance and Disney ( DIS ) around 100 questions related to the merger, the companies said they were willing to sell fewer than 10 TV channels to assuage the regulator's concerns, but they are resisting changes to cricket broadcast rights they own, Reuters reported, citing the sources.

Neither Disney ( DIS ) nor Reliance immediately responded to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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