<p><em>By Baiju Kalesh and P R Sanjai</em></p><p>The <a href="https://www.deccanherald.com/tags/tata-group">Tata Group</a> is considering buying Walt Disney Co’s stake in Tata Play Ltd to give it full control of the subscription television broadcaster, people familiar with the matter said, continuing a shakeup in India’s media industry. </p><p>The companies are in preliminary talks about an acquisition of Disney’s significant minority stake, which would value Tata Play at about $1 billion or more, the people said, asking not to be identified as the considerations are private. Tata may decide not to pursue a deal, they said. </p><p>Representatives for Tata and Disney declined to comment. </p>.In biggest private investment in Assam, Tata to set up semiconductor unit valued at Rs 27,000 crore.<p>The buyback discussions with Disney come after the American company signed a binding agreement in late February to merge its India unit with billionaire Mukesh Ambani’s media arm Viacom 18 Media Pvt, <a href="https://www.deccanherald.com/business/walt-disney-reliance-merge-india-media-operations-to-create-rs-70000-crore-behemoth-2914334">creating an $8.5 billion entertainment giant</a> that will have 750 million viewers and dominate the sector in the world’s most-populous country. </p><p>The mega merger is also triggering an exit by another media behemoth as minority partners cash out. Paramount Global on Thursday <a href="https://www.deccanherald.com/business/companies/reliance-to-buy-paramounts-stake-in-viacom18-2935648">agreed to sell its 13 per cent stake</a> in its Indian TV business to its partner, Ambani’s Reliance Industries Ltd, for $517 million.</p><p>Disney and Paramount’s transactions, including the discussions with the coffee-to-cars Tata conglomerate, show that global media giants are paring their exposure or exiting the Indian market as local players consolidate their holdings.</p>
<p><em>By Baiju Kalesh and P R Sanjai</em></p><p>The <a href="https://www.deccanherald.com/tags/tata-group">Tata Group</a> is considering buying Walt Disney Co’s stake in Tata Play Ltd to give it full control of the subscription television broadcaster, people familiar with the matter said, continuing a shakeup in India’s media industry. </p><p>The companies are in preliminary talks about an acquisition of Disney’s significant minority stake, which would value Tata Play at about $1 billion or more, the people said, asking not to be identified as the considerations are private. Tata may decide not to pursue a deal, they said. </p><p>Representatives for Tata and Disney declined to comment. </p>.In biggest private investment in Assam, Tata to set up semiconductor unit valued at Rs 27,000 crore.<p>The buyback discussions with Disney come after the American company signed a binding agreement in late February to merge its India unit with billionaire Mukesh Ambani’s media arm Viacom 18 Media Pvt, <a href="https://www.deccanherald.com/business/walt-disney-reliance-merge-india-media-operations-to-create-rs-70000-crore-behemoth-2914334">creating an $8.5 billion entertainment giant</a> that will have 750 million viewers and dominate the sector in the world’s most-populous country. </p><p>The mega merger is also triggering an exit by another media behemoth as minority partners cash out. Paramount Global on Thursday <a href="https://www.deccanherald.com/business/companies/reliance-to-buy-paramounts-stake-in-viacom18-2935648">agreed to sell its 13 per cent stake</a> in its Indian TV business to its partner, Ambani’s Reliance Industries Ltd, for $517 million.</p><p>Disney and Paramount’s transactions, including the discussions with the coffee-to-cars Tata conglomerate, show that global media giants are paring their exposure or exiting the Indian market as local players consolidate their holdings.</p>