38.6c New Delhi, India, Friday, August 29, 2025
Top Stories Supreme Court
Political NEWS Legislative Corner Celebstreet International Videos
Subscribe Contact Us
close
Business

Reliance Industries Set to Acquire Walt Disney's India Operations in Multibillion Dollar Deal

By LAWSTREET NEWS NETWORK      25 October, 2023 11:14 AM      0 Comments
Reliance Industries Set to Acquire Walt Disneys India Operations in Multibillion Dollar Deal

Mukesh Ambani's Reliance Industries is all set to finalise a multi-billion dollar deal with Walt Disney Co. to buy its India operations, Bloomberg News reported on Monday.

According to the reports, Disney may sell a controlling stake in the Disney Star business, which it values at around $10 billion, rather than piecemeal transactions, Bloomberg reported, citing sources familiar with the matter.

However, no final decision has been made on the deal or the valuation and Disney could still decide to hold onto the assets, Bloomberg reported.

The deal could be announced as early as next month and Disney will likely hold on to a minority stake in the Indian business, the report said.

It is said that Reliance's streaming platform JioCinema has put increased pressure on Disney's India streaming operations, with Ambani marketing his streaming platform by offering free access to the Indian Premier League cricket tournament, digital rights of which were earlier with Disney.



Share this article:

About:

Explore Comprehensive Legal Reporting with LawStreet Journal: Your Go-To Source for Supreme Court an...Read more

Follow:
TwitterLinkedinInstagram


Leave a feedback about this
Related Posts
View All

Reliance Industries Set to Acquire Walt Disney's India Operations in Multibillion Dollar Deal Reliance Industries Set to Acquire Walt Disney's India Operations in Multibillion Dollar Deal

Disney is expected to maintain a minority interest in the Indian company following the cash and stock exchange. Read the whole report to know about the deal.

Delhi High Court Orders Blocking of Rogue Websites Spreading Fake Interview with Anant Ambani [Read Order] Delhi High Court Orders Blocking of Rogue Websites Spreading Fake Interview with Anant Ambani [Read Order]

Delhi High Court orders blocking of websites spreading fake interview with Anant Ambani, directs Meta and X to remove posts and provide user details within 4 weeks.

SC Warns Petitioner Against Repeated Pleas Challenging Z+ Security to Mukesh Ambani and Family SC Warns Petitioner Against Repeated Pleas Challenging Z+ Security to Mukesh Ambani and Family

SC warns petitioner against filing repeated pleas challenging Z+ security cover to Mukesh Ambani, says he has no locus and may face exemplary costs.

TRENDING NEWS


TOP STORIES

adult-woman-free-to-live-with-married-man-personal-autonomy-prevails-over-morality
Trending Judiciary
Adult Woman Free To Live With Married Man, Personal Autonomy Prevails Over Morality: Madhya Pradesh HC [Read Order]

Adult woman has right to live with married man, rules MP High Court; says personal autonomy outweighs moral concerns.

23 August, 2025 04:00 PM
sc-issues-notice-to-bci-on-plea-against-3-yr-moratorium-on-new-centre-for-legal-education
Trending Judiciary
SC issues notice to BCI on plea against 3-yr moratorium on new centre for legal education

SC issues notice to BCI on plea challenging 3-year moratorium on new legal education centres, calling it arbitrary and violative of fundamental rights.

23 August, 2025 05:13 PM
punjab-and-haryana-hc-upholds-denial-of-furlough-to-life-convict-rules-temporary-release-is-a-concession-not-a-right
Trending Judiciary
Punjab and Haryana HC Upholds Denial of Furlough to Life Convict, Rules Temporary Release Is A Concession, Not A Right [Read Order]

Punjab & Haryana HC upholds denial of furlough to life convict, rules temporary release is a concession, not a right, under 2022 law.

23 August, 2025 05:16 PM
sc-restores-mandatory-20-percent-deposit-for-suspension-of-sentence-in-cheque-bounce-case
Trending Judiciary
SC Restores Mandatory 20% Deposit for Suspension of Sentence in Cheque Bounce Case [Read Order]

SC sets aside P&H HC order; rules 20% deposit mandatory for suspension of sentence in ₹8.65 crore cheque bounce case under NI Act.

25 August, 2025 12:35 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email