10 Global TV Stories You Should Know: 10/24/2023
Here are the stories that should be on your radar
Here are the global TV and streaming video stories that should be on your radar for Tuesday, October 24th, 2023:
Disney Set To Sell Indian Operation To Reliance Industries In Deal Valuing Biz At $10B — Report (Deadline)
Disney could be offloading its Indian operation in a deal valuing the business at $10B. Bloomberg News reported that a deal to sell a majority stake to rival Reliance Industries was nearing completion. Citing unnamed sources close to the agreement, it reported Reliance values the assets it would acquire at between $7B-$8B, meaning Disney India is worth around $10B in total.
Forecast: India Telco, Pay-TV Revenues To Grow At 3.1% CAGR (Advanced-Television)
The total telecom and pay-TV services revenue in India is expected to increase at a compound annual growth rate (CAGR) of 3.1 per cent from $42.3 billion (€39.7bn) in 2022 to $44.9 billion in 2027, primarily driven by mobile data and fixed broadband segments, forecasts GlobalData, the data and analytics company.
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