 "Walt Disney")
Walt Disney Co. is planning to offload its entire stake in Tata Play Ltd., formerly Tata Sky. The American entertainment giant will sell its 29.8% stake during the proposed initial share sale by Tata Play, according to a report in LiveMint.
Disney's move comes at a time when the American entertainment giant is focusing on its broadcast and streaming service businesses in India.
Disney received the stake in Tata Play when it acquired the entertainment business of 21st Century Fox from Rupert Murdoch. In 2019, it started internal discussions to exit the Indian company, but IPO plans kept
Disney's move comes at a time when the American entertainment giant is focusing on its broadcast and streaming service businesses in India.
Disney received the stake in Tata Play when it acquired the entertainment business of 21st Century Fox from Rupert Murdoch. In 2019, it started internal discussions to exit the Indian company, but IPO plans kept
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