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Blackstone holds initial talks with Disney for stake in India arm
Private equity firm Blackstone has reportedly held discussions with Walt Disney about acquiring a stake in Disney's Indian arm. Blackstone is the latest potential buyer for Disney's assets in the competitive Indian market, as Disney explores a sale or joint venture partner for its digital and TV business. Other potential buyers include Gautam Adani and Kalanithi Maran. Disney is trying to revive its streaming business in India by offering free cricket on smartphones, but has lost streaming rights for key cricket tournaments to Mukesh Ambani's broadcasting unit.
Private equity firm Blackstone has reportedly held discussions with Walt Disney about acquiring a stake in Disney's Indian arm. Blackstone is the latest potential buyer for Disney's assets in the competitive Indian market, as Disney explores a sale or joint venture partner for its digital and TV business. Other potential buyers include Gautam Adani and Kalanithi Maran. Disney is trying to revive its streaming business in India by offering free cricket on smartphones, but has lost streaming rights for key cricket tournaments to Mukesh Ambani's broadcasting unit. 
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