The company has talked to at least one bank about ways to help the India business grow, while sharing some of the costs, according to people familiar with the matter. The talks are in the early stages and it is unclear which options, if any, Disney might pursue.
Disney and many of its rivals are in the throes of a costly pivot toward streaming and away from traditional TV businesses. Toward that effort, they spent heavily on deals, content and technology at home and abroad, with mixed success.
Disney paid $71.3 billion in 2019 for entertainment assets of 21st Century Fox. At the time, Star India was considered one of Fox’s crown jewels, and it was an important part of Disney’s plan to build out its fledgling streaming business globally.
Diese Geschichte stammt aus der July 13, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der July 13, 2023-Ausgabe von Mint Mumbai.
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