Reliance seems to be considering a substantial investment, potentially in the billions of dollars, to acquire Disney+Hotstar in India. There have been recent speculations about Disney's potential exit from the Indian market, which has led to discussions of the company selling its local assets. In this context, Reliance is emerging as a possible buyer for these assets.

As per the previous report, Disney had been engaging in discussions with Sun TV, Adani Group, and Reliance Industries regarding a potential acquisition. The most recent rumor now suggests that the deal might be nearing completion with Mukesh Ambani's Reliance Group. The transaction is expected to involve Reliance acquiring a significant controlling stake in the business, although both parties are currently in negotiations to determine the exact valuation for the deal.

While initial speculations indicated that Disney was contemplating a complete exit from the Indian market, a Bloomberg report suggests that Disney intends to sell a controlling stake rather than completely divesting its Indian unit. Bloomberg's report further suggests that Disney is on the verge of a multi-billion dollar deal with Reliance Industries. If this deal materializes, a substantial portion of the Disney+Hotstar OTT platform, including its TV channels like Star Sports and Star Gold, may come under the purview of Reliance.

Reportedly, Disney has set an asking price of $10 billion for Hotstar and Star India. However, Reliance appears to disagree with this valuation, proposing a valuation in the range of $7 to $8 billion. Intriguingly, the acquisition of Disney+Hotstar would potentially grant the Ambani-led group control over the TV streaming rights for cricket in the Indian market, a significant development considering the immense popularity of the sport in the region.