Disney in talks with potential buys, including Ambani's Reliance to sell its India business

Walt Disney Co. is reportedly in the early stages of discussions with potential buyers, including Mukesh Ambani's Reliance Industries Ltd., for the sale of its streaming and television business in India.

As per a Bloomberg report, Disney is exploring several options, including selling its entire Disney Star business or conducting a partial sale that could encompass assets such as sports rights and the regional streaming service, Disney+ Hotstar.

This development follows the loss of the Indian Premier League (IPL) cricket tournament streaming rights by Disney's Indian unit to Viacom18 Media Pvt., a collaboration between Paramount Global and Reliance.