Disney Considering Sale or Joint Venture for Star India Operations Amid Revenue Drop

  • Disney is mulling over strategic options for its Star India business, including a possible sale or joint venture.
  • The company’s India business, encompassing the Disney+ Hotstar streaming service and Star India, is predicted to see a 20% decrease in revenue and a 50% drop in EBITDA.
  • Despite facing a loss of 8-10 million subscribers in the third fiscal quarter, the report of Disney’s potential strategies boosted investor sentiment, leading to a 1.6% stock increase.
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