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Tata Sons boosts its stake in Tata Play to 70%, enhancing its grip on India's digital streaming market.
Tata Sons has gained approval from the Competition Commission of India to acquire an additional 10% stake in Tata Play, increasing its ownership to 70%, with Walt Disney holding the remaining share.
This move strengthens Tata's position in India's media and digital streaming sector.
Tata Play and Airtel Digital TV are also close to merging their satellite TV businesses to form a $1.6 billion entity, adapting to the growing demand for digital streaming services.
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Tata Sons aumenta su participación en Tata Play al 70%, mejorando su control en el mercado de streaming digital de India.