Bob Iger, CEO of The Walt Disney Co., is reportedly nearing a deal to sell the company's Indian operations, known as Disney Star, for billions of dollars. This comes as a new class of competition, led by Indian tycoon Mukesh Ambani, disrupts the legacy media industry in India. Ambani's 4G telco has gained over 400 million customers and has built a consumer empire that blurs the lines between carriage, content, and commerce. The deal with Iger would validate Ambani's digital, retail, and consumer finance propositions, further solidifying his dominance in the Indian market.
