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The Economic Times

Economy / The Economic Times

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Disney's losses from Reliance JV down to $44 million in June quarter

Walt Disney's Indian joint venture with Reliance Industries saw losses narrow significantly in the recent quarter. The combined entity, JioStar, reported a sharp turnaround in profitability during the last fiscal year. Revenue from operations for JioStar increased substantially, reflecting strong business growth. This improvement in Disney's investment tracks the venture's enhanced financial performance. JioStar also reduced its provision for onerous sports contracts, indicating better financial management.

27 Aug 2026 12:38 am