New Delhi, Aug. 6 -- Media and entertainment conglomerate Walt Disney Company has projected an equity loss of approximately $200 million for the year ended September from its India joint venture with Reliance Industries Ltd, primarily driven by purchase accounting amortization, suggesting that integration costs or performance issues remain in the country.

Disney recorded a $50 million loss from the India JV under "equity in the income of investees" for their third quarter ended June. Disney follows October-September fiscal year.

The joint venture, formalized on 14 November 2024, combined Disney's Star-branded general entertainment and sports channels and its Disney+ Hotstar streaming service with the media assets controlled by Reliance....