KUALA LUMPUR, Oct 9 —Walt Disney Co. is reportedly holding talks with Indian billionaire Gautam Adani and the Sun TV Network to sell its Indian assets. According to a Bloomberg...
Salak South Garden's Restoran Hakkayin surprises with the rarely-seen Hakka 'sui pan' from the 1960s plus excellent homestyle Hakka noodlesKUALA LUMPUR, Oct 9 —Walt Disney Co. is reportedly holding talks with Indian billionaire Gautam Adani and the Sun TV Network to sell its Indian assets.
According to a Bloomberg News the discussions are still at preliminary level with the potential buyers and a deal might not even take place. Disney's assets in India comprises the Disney+ Hotstar streaming service and the Star India network . Last month, Bloomberg reported that Disney also engaged with Reliance Industries, owned by Asia's richest man Mukesh Ambani.
Disney's decision to quit the India market comes after JioCinema, a streaming platform run by Ambani's Viacom 18, wrested Disney's streaming rights to the Indian Premier League cricket tournament last year.reported that Disney+ Hotstar has been losing subscribers in India for three consecutive quarters since October 2022, primarily due to the lack of cricket content.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Disney star Josh Gad cancels Broadway performance hours before show because of ‘medical emergency’Amos Yee is out on parole, barely halfway into his six-year jail term in the United States for grooming a teenage girl and possessing child pornography.
Read more »
Toxic storms blamed on climate change cloud TajikistanDUSHANBE: The air was dry and warm and the skies over Dushanbe were grey without a hint of sun during another recent toxic sand storm that enveloped t...
Read more »
MACC confirms probe of lawyer linked to 1MDB asset recoveryPETALING JAYA: Anti-corruption chief commissioner Azam Baki has confirmed an ongoing investigation against a lawyer involved in efforts to recover assets of the troubled government investment company
Read more »
Colombia, guerillas postpone ceasefire and peace talksTIBU: The Colombian government and a dissident faction of the FARC guerrilla group said Sunday they were postponing a scheduled ceasefire and peace ta...
Read more »
Bursa Malaysia set to continue downtrend next week on weaker sentiment, says economistKUALA LUMPUR, Oct 7 ― Bursa Malaysia is likely to trend lower next week amid rising interest rates, higher oil prices and the stronger US dollar. Inter-pacific Asset...
Read more »