See at the end its all abt Survival of the Fittest.. reliance and jio get their income from various resources they are not dependent on television broadcast.. ott and television is just penny for ambanis.. so they have lots of wealth and they are in this buisness.. but star is closing its channels in different countries as they are not able to cope with time..
Buddy, easy to just dismiss any article if u tend to disagree with t but it will be better if understand why something is being said ....just few days back i explained in great detail challenges faced by Disney-Star not only in India but in other countries too alongside giving its reasoning and how it cane be resolved and why they r deciding to sell or enter JV for broadcast busness in India and closing their TV channels in other countries.
Fact is that it is not simple ABCD, there r many factors involved. There is huge difference in the way legacy broadcast companies like Fox (under Mudrochs) handled TV Channels business and what strategy Disney has as it largely wants to focus on its other major assets while keeping broadcast businesses in a way which does not cause losses but rather contribute in profitability.
Anyways like i said i do not see Disney exiting broadcast business in india, they will address challenges including most importantly building a localised strategy for India Business which would then bring a well maintained balance in how each of the arms in the broadcast business r able to deliver good returns