Disneycould be offloading its Indian operation in a deal valuing the business at $10B.

Bloomberg News reported that a deal to sell a majority stake to rivalReliance Industrieswas nearing completion.

News it could be sold or turned into a joint venturefirst emergedin July.

Disney+ Hotstar’s ‘The Night Manager India’

Disney+ Hotstar’s ‘The Night Manager India’Disney+ Hotstar

Disney declined to comment, while Reliance had not responded to requests for comment at press time.

WGA West building in Hollywood