Disney Hotstar may come into the hands of Gautam Adani, read full report

In the month of July, there were reports that talks were going on with Reliance Industries for Disney's assets. After that no details have been revealed yet. However, Disney is also exploring the option of joint venture.

A new player may emerge in the battle of India's OTT business. That too with a brand which is very popular in India. Yes, Walt Disney is looking for a buyer for its Indian business. In which Adani's name is being taken at the top. Apart from Kalanidhi Maran, talks are also going on with other names in this list. This deal can be very important for Gautam Adani. If Disney's Indian business comes into the hands of Adani, then the battle for OTT business in the country may become more intense. Ambani has already entered this through Jio Cinema. Disney is getting the biggest competition from this.

The deal could be something like this

Senior Disney officials have also estimated the interest of private equity funds. The company is exploring several options, which may include selling part of the Indian operation or combining the unit's assets with sports rights and digital streaming service Disney Hotstar. Bloomberg News had earlier reported that Asia's richest man Mukesh Ambani has already been in talks with Reliance Industries Ltd for an asset sale.

There is also an option for joint venture

According to a July report by Bloomberg, Disney is considering strategic options for its business in India after the unit lost the streaming rights of the Indian Premier League cricket tournament. Which includes outright sale or setting up a joint venture. Viacom18 Media Private Limited got the streaming rights of IPL in place of Disney. Viacom is a joint venture between Reliance, Paramount Global and Uday Shankar's investment firm Bodhi Tree Systems.

Refused to give statement

According to experts, if this deal is made between Disney and Adani Group, then Gautam Adani will get a lot of help in expanding his media business. According to experts, these talks are still at a very primary stage. According to Live Mint report, Disney representatives in India refused to comment on this matter. Sun TV Network Group Chief Financial Officer SL Narayanan said the group does not comment on market rumors or speculations. An Adani spokesperson also said that he would not comment on market speculation.

Disney has been facing losses since then

The buzz around the sale of Disney's India unit comes after Ambani's group bought the streaming rights of the Indian Premier League for $2.7 billion and decided to broadcast it for free earlier this year. How has market dynamics been disrupted? Ambani has signed a multi-year agreement to show HBO and other content of Warner Bros. Discovery Inc. Due to which Disney has suffered a lot of loss. Because Disney had many deals earlier.

There may be benefit in the World Cup

Like Reliance, Disney is now streaming the ongoing Cricket World Cup in India for free. The main objective of this step is to bring back its old customers. Even if revenue worth crores has to be sacrificed. However, Disney is likely to gain a lot during this World Cup. The main reason for this is that the price of a 10-second slot during the World Cup is $3,600, which is 40 percent more than last time. Disney Star, which has exclusive TV rights for the event in India, said in a statement on Wednesday that it is partnering with 26 sponsors, including giants like Booking.com BV and liquor company Diageo Plc.