RIL–DISNEY”- The Major Merger in Streaming Industry Dr.G. VINCENT Introduction The big news for the Indian Streaming Industry is the biggest merger between Reliance Industry(RIL) and Disney. As per the Bloomberg Report, this merger will become a significant milestone in the entertainment field. Reasons Behind the Merger: Global market is hugely impacted by technological disruption. Making and maintaining operating profit is a tougher task for the company. Further it is because of too many players in market. And for instance, annual operating profit of the company has been falling year after year. There was a decline of operating profit ie.21.93% decline compared to the previous year 2022.A huge 254.82% decline in operating profit from 2020. Similarly, Viacom18, the joint venture between Network18 Group and Viacom, has posted a third straight quarterly loss as operating expenses have surged 47 per cent mainly on account of launch of new channels. Solution for the...