Breaking Disney sells its stake to Tata in Tata Play

[Ashok Varma]

Disney sells it's 30% stake to TATA for 1 bn USD

Disney said to sell 30% stake in Tata Play to Tata Group, valuing co at $1 billion

The deal came as the Indias media landscape is going through a major shakeup. Disney signed a binding agreement in late February to combine its India Unit with viacom 18 media pvt, creating an $8.5 billion entertainment giant that will have 750 million viewers and dominate the sector in the...

m.economictimes.com

 

[Zeta Reticuli]

Now how much total stake tata have ?

 

[Ashok Varma]

Now how much total stake tata have ?

Now Tata group have 100% in Tata play after acquiring Disney 30% and Temasek 20% stakes

 

[SarFa]

Great so now Tata have 100% Share in Tata Play. so they can go for IPO ASAP.

 

[SarFa]

Now Tata group have 80% in Tata play after acquiring Disney stake

They bought 20% stake from Temasek on March this year. so now they're owned company.

 

[Praveen SNJP]

They bought 20% stake from Temasek on March this year. so now they're owned company.

Bro what are benefits for users if they issue IPO

 

[Digital Mastermind]

Great so now Tata have 100% Share in Tata Play. so they can go for IPO ASAP.

Yes 100% Indian company

 

[Digital Mastermind]

Bro what are benefits for users if they issue IPO

End user has no benefit in such cases

But investor and public can invest in the company

 

[Aksgr]

Great so now Tata have 100% Share in Tata Play. so they can go for IPO ASAP.

But will they sustain. We can see hathway and Den struggling with valuation issues. Whats the future of tata play, urban people are going behind airtel and jio and rural are opting for DDFD

 

[Aksgr]

Disney - Tata Group deal stagnated as Tata Sons has shown no interest in buying Disney stake in Tata Play.
Disney is said to have approached RIL for sell of the stakes , who seems not interested either.