Disney Star’s summer of dis-content: What’s the endgame?

Sohini Mitter

32 reads

Sohini Mitter

32 reads

In what could set a precedent for more such cable TV-streaming bundles across the globe, Disney struck a deal with US cable services provider Charter Communications last week. In India, meanwhile, it is readying an exit plan that could attract some interesting suitors.

September 22, 2023

5 MINS READ

It’s no secret that The Walt Disney Company’s relationship with Star—and by extension, the Indian entertainment industry—has lost its fizz over the past year. So much so that the global media giant is hurriedly putting together an exit plan now.

The CapTable reported in July that Disney would be tapping every kind of potential buyer—from strategic to financial investors to even JV partners—to palm off its India assets. We’d also hinted at the likelihood of Mukesh Ambani’s Reliance Industries-backed Viacom 18 emerging as a frontrunner for Disney Star. Per recent media reports, top executives of both companies have held talks for a possible deal (though nothing has been finalised yet).

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