Walt Disney Said to Hold Initial Talks With Blackstone Over Stake in Disney+ Hotstar, TV Business in India

Walt Disney Said to Hold Initial Talks With Blackstone Over Stake in Disney+ Hotstar, TV Business in India

Private equity firm Blackstone has held preliminary discussions with Walt Disney to acquire a stake in the Indian arm of the entertainment firm, two sources familiar with the matter told Reuters on Wednesday. Blackstone is the latest suitor for Disney’s assets in the hyper competitive Indian market, where it has…