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Disney Faces $103M Loss in JioStar Venture

CosmicTaco · 2025-05-08T12:00:15.547436+05:30

- Disney reported a $103 million equity loss from its joint venture JioStar with Reliance Industries and Bodhi Tree Systems for Q1 2025. - The company's equity loss from the JV is projected to reach nearly $300 million in FY25 due to purchase accounting amortization. - Deconsolidating Star India resulted in Disney's international operating income falling over 84% year-over-year to $15 million in Q2 FY25. - Disney has also incurred $109 million in content impairment charges, down from $2.05 billion due to prior goodwill impairments. - Despite financial challenges, JioStar, with 760 million monthly viewers, reported a net profit of INR 229 crore on a revenue of INR 10,006 crore post-merger. Source: [Inc42](https://inc42.com/buzz/walt-disney-reports-103-mn-in-equity-loss-from-india-jv-jiostar/)

Disney reported a $103 million equity loss from its joint venture JioStar with Reliance Industries and Bodhi Tree Systems for Q1 2025.
The company's equity loss from the JV is projected to reach nearly $300 million in FY25 due to purchase accounting amortization.
Deconsolidating Star India resulted in Disney's international operating income falling over 84% year-over-year to $15 million in Q2 FY25.
Disney has also incurred $109 million in content impairment charges, down from $2.05 billion due to prior goodwill impairments.
Despite financial challenges, JioStar, with 760 million monthly viewers, reported a net profit of INR 229 crore on a revenue of INR 10,006 crore post-merger.

Source: Inc42