Disney’s Indian Subsidiary Star’s Losses Soar To $315M In Q3 Amidst Cricket World Cup



This story was first published on the Benzinga India portal.

The Walt Disney Company (NYSE: DIS) disclosed its earnings for the last quarter of 2023, revealing a significant increase in operating losses for its Indian unit. The sports division of Star India, a Disney subsidiary, witnessed a 144% surge in losses, amounting to around $315 million.

This substantial increase is largely due to the costs associated with the organization of the 50-over International …

Full story available on Benzinga.com


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