Live Breaking News & Updates on Disney Reliance Deal
Stay updated with breaking news from Disney reliance deal. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Walt Disney Co. s India unit faces challenges in its proposed merger with Mukesh Ambani s media business, reflecting the struggle global media giants face in India s entertainment market. The valuation of Disney s India assets is around $4.5 billion, less than the $10 billion previously pursued. The lower figure is also due to a write-off of revenue from Zee Entertainment Enterprises Ltd. ....
The US entertainment giant may sell a controlling stake in the Disney Star business, which it values at around $10 billion, as opposed to piecemeal transactions weighed earlier, the people said, asking not to be named because the discussions are private. Reliance views the assets at between $7 billion to $8 billion, some of the people said. ....