Reliance, Disney and CCI did not immediately respond to requests for comment. All sources declined to be named as the CCI process is confidential.

India's Reliance Industries and Walt Disney have agreed to merge their Indian media businesses, creating a $8.5 billion entertainment giant in the world's most populous nation

Reliance is in talks to buy a 29.8 percent stake in Tata Play from Walt Disney

Under the content deal announced on Thursday, popular series from HBO and Warner Bros , such as Harry Potter and Succession, will be available from next month on the JioCinema platform, which Ambani's Viacom18 has promoted for weeks by offering popular IPL cricket matches for free.