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Sunday, June 23, 2024

Disney In Talks With Gautam Adani And Sun Group Founder To Sell India Asset

Disney in talks with Gautam Adani for the sale of Hotstar. After the Hotstar platform approached Reliance regarding the sale of the OTT giant the news is coming that Hotstar has also approached billionaire Gautam Adani and Sun group founder for selling the platform. 

Highlight

  • Hotstar is currently planning to sell its Indian assets. 
  • After the IPL franchise ceased with jio cinema they lost a huge number of subscribers. 
  • Disney Hotstar has also been in talks with Reliance Viacom 18.
  • They have recently approached Gautam Adani and sun group for the same

Disney In Talks With Gautam Adani

Disney In Talks With Gautam Adani And Sun Group Founder To Sell India Asset
Disney In Talks With Gautam Adani

After losing around 12.5 million subscribers on IPL Void disney Hotstar plans to sell the Indian asset of the OTT giant. Between August 2022 to September 2023, hotstar lost nearly 20 million subscribers out of the 40 million that were their Indian subscribers count. Hence, it has become important for Hotstar to make a move. Hence, they planned to sell Indian assets.

Its Ambani Vs Adani

Disney In Talks With Gautam Adani And Sun Group Founder To Sell India AssetDisney In Talks With Gautam Adani And Sun Group Founder To Sell India Asset
Ambani Vs Adani

The battle for Hotstar sales is clearly Ambani Vs Adani. The Reliance Industry previously approached the Reliance Group which is owned by Viacom 18. Recently the hotstar also visited the office of Adani and Sun Group owner for talks about selling the same. 

Though the prescribed amount for its sale is not made official it’s confirmed that Hotstar will surely make a bifurcation in the Indian asset. Now it’s clear between Ambani and Adani who is going to take the deal which can prove to be super beneficial for each one of them. 

Is Hotstar Sold To Jio? 

Disney In Talks With Gautam Adani And Sun Group Founder To Sell India Asset
Is Hotstar Sold To Jio

No, Hotstar is not sold to Jio yet. The ott giant visited Mukesh Ambani for selling its venture but it seems like the talk has not gone so well as recently they also approached Adani and the owner of Sun Group for the same. 

The price of the deal has not been made official yet and neither it is confirmed that Hotstar has chosen to be the next partner or owner. After making their approach to Gautam Adani it has been very clear that there is a clear Saga of Ambani Vs Adani. 

FAQ (Frequently Ask Questions) 

1. Is there any offer on Hotstar? 

There is no particular offer on Hotstar that is going on. The premium plan for the same starts at 299 Rs on a monthly basis and in case you want to take an annual subscription you can go for a minimum plan which comes to rs 899 a year. 

2. What is the lowest price of Hotstar? 

The lowest price of Hotstar is 299 per month but if you want to purchase the premium plans that vary around 1499 and 899 for a year you may choose between the two. 

3. How can I get a Hotstar for 49 rupees? 

The offer is available only for certain Android users. This plan is available on certain cards only for restricted users where the option of UPI, Paytm is also available. 

Yashi
Yashihttp://seriesonott.com/
Strongly opinionated, She is an ardent believer that a good writer eventually comes from a good reader. The more you read, the more you are able to convey as words are the pearls through which a sea of feelings gets an audience and what's better than making the web a more entertaining place with the entertainment writeups? Yes, you read it right, she has come a long way with her passion and aspires to be much more.