Disney and Reliance have announced an anticipated deal in India to merge their respective digital streaming and television assets.
deadline.com
Disney anticipates up to $2.4 billion in charges for the March quarter, reflecting a write-down of the net assets of Star India, and of removing the assets from its entertainment linear networks ahead of the deal closing with the business now classified for accounting purposes as what’s called “held-for-sale.”
Industry observers believe that because of the liabilities against media rights for sporting events, largely attributed to RIL's aggressive behaviour, the India business itself had turned into a liability for The Walt Disney Co
Untill Paramount gets brought out, i dont think major changes would happen. Comedy central, Nickelodeon, MTv and VH1 alternative is to be built by that time