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Walt Disney has struck a deal to sell its stake in Tata Play, valuing Indian conglomerate Tata Group’s satellite TV provider at about $1 billion, Bloomberg News reported on Wednesday, May 22,2024, citing people familiar with the matter. Also read: Reliance, Disney sign binding pact to combine media businesses in India The stake sale news…
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If the negotiations are successful, it would be the first collaboration between the Tata group and billionaire Mukesh Ambani’s conglomerate. | Photo Credit: Reuters Indian oil-to-telecom conglomerate Reliance Industries is in talks to buy a 29.8% stake in subscription-based satellite TV and video streaming service provider Tata Play from Walt Disney, Business Standard reported, citing…
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