Walt Disney is forecast to record non-cash pre-tax impairment charges of $1.8 billion to $2.4 billion for the quarter ending March 31, primarily due to Star India's net asset and goodwill write-down at the entertainment linear network's reporting unit. The charges are mainly due to the merger deal with Reliance Industries Ltd (RIL) to create a $8.5 billion media entity through the combination of Star India and Viacom18. Read The Rest at :
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