Ever since Bob Iger returned to the company as CEO, Disney has been making some big business-changing decisions.
©Disney
From a restructuring of the company’s organization to debating the possibility of selling TV assets, there are several options on the horizon for Disney. And now, Disney might be selling off another part of the company as well.
Seeking Alpha reports that The Walt Disney Company is in talks with a number of different partners about selling its streaming and television business in India.
©Disney
According to Bloomberg, the company has already spoken to Indian billionaires Gautam Adani and Kalanithi Maran, who owns Sun TV Network. In addition to those possible buyers, the company has spoken to private equity firms and Reliance, run by Mukesh Ambani.
©Disney
The possibilities include selling some of the assets, an outright sale, a joint venture, or other options. Disney’s Indian operations have suffered losses over the past year in part due to losing its streaming rights to air cricket, one of India’s most popular sports. In the third quarter of 2023, Disney also had a 24% decline in Disney+ Hotstar subscribers.
©Disney | Walt Disney Company Headquarters
We’ll keep an eye on these developments and let you know if any deals are struck. Stay tuned to DFB for the latest news from The Walt Disney Company.
Disney Was Offered BILLIONS to Sell ABC — Learn More Here!
Join the DFB Newsletter to get all the breaking news right in your inbox! Click here to Subscribe!
WE KNOW DISNEY.
YOU CAN, TOO.
Oh boy, planning a Disney trip can be quite the adventure, and we totally get it! But fear not, dear friends, we compiled EVERYTHING you need (and the things to avoid!) to plan the ULTIMATE Disney vacation.
Whether you're a rookie or a seasoned pro, our insider tips and tricks will have you exploring the parks like never before. So come along with us, and get planning your most magical vacation ever!
What do you think about this possible sale? Tell us in the comments!
Our handy (and portable!) ebook guides make sure you get the best deals and can plan a vacation of a lifetime.
TRENDING NOW
A NEW entertainment offering is coming to Disney Springs soon!
Disney adults -- you have to see these items on sale on Amazon!
Fans of the Disney Dining Plan will want to sit down for this EPCOT news...
Disney World's Lightning Lane system needs a CHANGE!
Check out this brand-new Bluey collection at H&M!
A favorite Disney World perk is returning to Disney's Animal Kingdom soon and we're bringing...
We're HUGE fans of these MagicBand upgrades!
These perks make staying at a Disney Hotel extra worth it.
We're taking a look at ALL of the stateroom options onboard the Disney Fantasy cruise...
Disney and Starbucks have once again joined forces to launch new mugs to their Discovery...
A new Disney Loungefly collection inspired by Sleeping Beauty just debuted online, and you're NOT gonna...
The third version of the attraction is on... track to debut later this year.
If you've been eying a new Loungefly bag, this sale is perfect for you!
Next week marks an important event that could help shape the future of Disney+!
Let's find out why this Disney World hotel is suddenly WAY cheaper!
Check out these new Disney World Disney Dining plans that were just announced!
We've got to talk about a couple of things that the Disney World bathrooms desperately...
Should Walt Disney World have ALREADY added a fifth park?
These Disney traditions are disappearing.
Some of the popular styles of up to 1/2 OFF!