Disney in talks with Adani, Sun TV to sell India assets -Bloomberg News

Illustration shows Disney+ Hotstar logo

Disney+ Hotstar logo is seen in this illustration taken August 22, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights

BENGALURU, Oct 6 (Reuters) – Disney (DIS.N) has held talks with Indian billionaires Gautam Adani and Sun TV Network (SUTV.NS) owner Kalanithi Maran as well private equity firms to sell its streaming and television business in the country, Bloomberg News reported on Friday.

Disney is exploring various possibilities, including selling some of its Indian operations or a mix of assets from the unit, the report said, citing people familiar with the matter.

The discussions are in the very early stages and a deal may not necessarily materialize, Bloomberg said. The report did not mention any potential deal value.

Disney, Sun TV and the Gautam Adani-controlled Adani group did not immediately respond to Reuters’ request for comment.

Disney was exploring…



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