Disney exploring strategic options for future of Star India Johar Deep Correspondent Wednesday 12 July 2023 The Walt Disney Company is reportedly mulling plans for the future of its India business. Disney had acquired Star India from 21st Century Fox in 2019. However, it is now said to be either planning to sell the assets outright or jump into some sort of joint venture (JV), according to The Wall Street Journal. The report adds that Disney has reached out to banks to discuss its future. A Reuters report seems to corroborate the development. Star India, which leads the Hindi genre with Star Plus, amongst many other genres, also has a strong leading position in the OTT market with Disney+ Hotstar.
WSJ NEWS EXCLUSIVE MEDIA & MARKETING Disney Explores Strategic Options for India Business Talks are a sign of how Star India’s fortunes have changed since Disney’s purchase of Fox entertainment assets By Jessica Toonkel Follow , Joe Flint Follow and Lauren Thomas Follow July 11, 2023 4:27 pm ET https://www.wsj.com/articles/disney-explores-strategic-options-for-india-business-72b3d2b7
Johar Deep Correspondent Wednesday 12 July 2023
The Walt Disney Company is reportedly mulling plans for the future of its India business. Disney had acquired Star India from 21st Century Fox in 2019. However, it is now said to be either planning to sell the assets outright or jump into some sort of joint venture (JV), according to The Wall Street Journal. The report adds that Disney has reached out to banks to discuss its future. A Reuters report seems to corroborate the development. Star India, which leads the Hindi genre with Star Plus, amongst many other genres, also has a strong leading position in the OTT market with Disney+ Hotstar.
MEDIA & MARKETING Disney Explores Strategic Options for India Business Talks are a sign of how Star India’s fortunes have changed since Disney’s purchase of Fox entertainment assets By Jessica Toonkel Follow
, Joe Flint Follow
and Lauren Thomas Follow
July 11, 2023 4:27 pm ET https://www.wsj.com/articles/disney-explores-strategic-options-for-india-business-72b3d2b7