Blackstone is an American alternative investment management company and is considered a private equity behemoth. Thomas Staggs and Kevin Mayer are Disney executives, who had left the conglomerate, but had returned at the behest of Disney CEO Robert Iger. Alternatively, Blackstone might go all-in, acquiring the entire Disney portfolio, which is said to include Star India TV network, OTT services and a substantial stake in Tata Play, formerly known as Tata Sky. And asset manager Vanguard may facilitate the deal between Disney and Blackstone Disney is said to have been wrestling with a $44.5 billion debt burden and a declining share price. Disney CEO Robert Iger is said to be exploring strategies to cut costs by a substantial $5.5 billion and considering options for legacy TV networks like ABC.
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