Disney chief executive Bob Iger said earlier this month that the firm “would like to stay” in India and is considering its options in the world’s most populous country where its TV business continues to deliver profit.
The firm has held preliminary talks with a handful of firms, including Ambani’s Indian conglomerate Reliance, as well as some private equity giants in recent months as it garners interest for the India business, the crown jewel in Fox’s portfolio at the time Disney acquired it.