For a while now, we’ve been watching Disney make major decisions about its streaming business.
![](https://allears.net/wp-content/uploads/2022/10/2022-disney-plus-bundle-hulu-espn-plus-logo-700x282.png)
Disney+ has been pretty popular in the US ever since it launched in 2019, but it has certainly had its ups and downs due to the global pandemic. Disney’s streaming business in international countries has had a rough go of it in the past couple of years, particularly in India. But now the company has a solution!
Reuters reports that Disney and Reliance will be merging their India TV and streaming media assets. This will create an $8.5 billion media “entertainment juggernaut.”
![](https://allears.net/wp-content/uploads/2022/03/2022-hotstar-hot-star-disney-plus-india-700x396.png)
Reliance is led by led by Asia’s richest man, Mukesh Ambani, and it will invest $1.4 billion into the venture. Reliance and its affiliates will own more than 63% stake, with Disney owning the remainder. This merger values Disney’s Indian business right around $3 billion, which is significantly lower than the roughly $15 billion value it had when Disney paid for it in the 2019 Fox deal.
![](https://allears.net/wp-content/uploads/2021/11/2021-Disney-plus-disney-media-and-entertainment-distribution-logo-700x226.jpg)
Altogether, Reliance and Disney will have 120 TV channels and two streaming platforms, plus the rights to show cricket on TV and streaming. That could be a big help in a country that has a massive following for the sport.
![](https://allears.net/wp-content/uploads/2019/11/Disney-plus-disney-streaming-service-700x339.jpg)
Back in October 2023, it was rumored that Disney was in talks to sell its India streaming assets. Disney+ had seen a significant decline in subscribers, and Disney had been struggling overall due to the loss of streaming rights for air cricket.
![](https://allears.net/wp-content/uploads/2022/01/walt-disney-company-logo-700x394.jpeg)
We’ll be interested to see if this business venture improves Disney’s subscriber numbers, and how this change is reflected in the next earnings report. We’ll keep you updated with the latest.
Click Here to Learn More About Disney’s Streaming Woes!
Want to learn more about the Disney+ streaming service? Check out these posts:
Join the AllEars.net Newsletter to stay on top of ALL the breaking Disney News! You'll also get access to AllEars tips, reviews, trivia, and MORE! Click here to Subscribe!
Are you a Disney+ subscriber? Let us know in the comments!
Trending Now
A ride will close soon in Universal.
It's never to early to shop for Disney advent calendars!
We know what you'll be doing the next time you're in line for the Haunted...
Looking for the perfect pants for your next Disney parks trip? Look no further --...
Did you know Walt Disney World offers FOUR pet-friendly hotels?
Let's have a look at Disney World's Controversial Hotel announcement!
These Haunted Mansion souvenirs are perfect for Foolish Mortals who wish to spend more time...
There's one ride you should always rope drop in EPCOT.
We officially know the pricing for the new Lightning Lane Multi Pass and Lightning Lane...
We've got a BIG Disney Cruise Line update for you about one of the upcoming...
Not only is this sipper coming next month, but it might be a hint that...
Sports lovers will want to head to McDonald's now!
Our readers have a LOT to say about the new skip-the-line service that just replaced...
A reliable park bag is ESSENTIAL in Disney World and we've got four from Amazon...
Some new nonstop flights are available to MCO!
We have a warning if you are planning on staying at Disney's Pop Century Resort...
Let's talk about the 3 times we regret not splurging on a Deluxe Disney World...
Disney World fans say they'll NEVER eat at these hotel restaurants again.
There's a new Disney x Vans collection that features STITCH -- come check it out!
Royalty from the worlds of sports and entertainment just spent some time at the Magic...