Tag: venture

(Reuters) – U.S. lawmakers Jerry Nadler and Joaquin Castro on Tuesday raised competition concerns over the sports streaming joint venture planned by Walt Disney (NYSE:DIS), Fox and Warner Bros Discovery (NASDAQ:WBD). The congressmen questioned how the new offering would affect access, competition, and choice in the sports streaming market in a letter to the media companies\’ CEOs.

In a release to stock exchanges on Monday, Jio said it has signed a 50:50 joint venture with BlackRock for incorporating wealth management and brokerage companies in India. Both companies have a similar partnership for the asset management venture.