If you follow along with Walt Disney Company news, you’re probably familiar with Disney’s attempts to better relationships with India.
When Disney bought 21st Century Fox, it also acquired the Star India network. That gave Disney a new audience of over 700 million people. India has proven a challenge for Disney, though, particularly after the company lost streaming rights for the Indian Premier League cricket matches. Disney is trying to improve business in India, though. Reportedly, the company is in discussions with Reliance Industries, the company that beat Disney for those rights. The two companies seem to be considering combining their businesses in the country, giving 51% ownership to Reliance. Now, we’ve gotten an update on the situation!