Disney strikes deal to sell stake in Indian satellite TV provider Tata Play: Report

Disney strikes deal to sell stake in Indian satellite TV provider Tata Play: Report

FILE PHOTO: A view of the Walt Disney Studios in Burbank, California,. U.S. November 8, 2023. REUTERS/Mario Anzuoni/File Photo

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, citing people familiar with the matter.