Tata Group explores acquiring Disney's stake in Tata Play Ltd for potential full control.

Tata Group is considering acquiring Walt Disney Co.'s stake in Tata Play Ltd, a subscription television broadcaster, to gain full control. The companies are in preliminary talks, with a deal potentially valuing Tata Play at $1bn or more. Disney has recently merged its India unit with Mukesh Ambani's media arm Viacom 18 Media Pvt, creating an $8.5bn entertainment giant.