Disney is reportedly considering its strategic options in India — and could sell its streaming and TV business there. According to The Wall Street Journal, the House of Mouse could sell or find a joint venture partner for its Indian business, which includes the Star TV channels and the Disney+ Hotstar streaming service. Significantly, JioCinema now has the streaming rights for the Indian Premier League cricket, which is being offered for free. Disney previous had the IPL rights (and retains them for TV) but pulled out of an expensive auction last year. Earlier today, Disney CEO Bob Iger said the linear TV business “may not be core” to the wider company, and efforts are now under way to explore a number of strategic options.

Source: Wall Street Journal July 13, 2023 17:59 UTC