- 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.