Tata Group is contemplating shopping for Walt Disney Co.’s stake in Tata Play Ltd. to present it full management of the subscription tv broadcaster, folks acquainted with the matter mentioned, persevering with a shakeup in India’s media trade.

The corporations are in preliminary talks about an acquisition of Disney’s important minority stake, which might worth Tata Play at about $1 billion or extra, the folks mentioned, asking to not be recognized because the issues are non-public. Tata might resolve to not pursue a deal, they mentioned.