{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-049404","form_type":"8-K","ticker":"DIS","cik":"0001744489","company_name":"Walt Disney Co","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.368683+00:00","generated_at":"2026-06-05T09:08:41.608406+00:00","sec_items":["2.06","7.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Disney to form JV with Reliance/Viacom18 in India; records $1.8-2.4B impairment","bullets":["JV combines Viacom18 and Star India; valued at ~$8.5B post-money, excluding synergies.","Reliance to invest ~$1.4B; ownership: Reliance 16.34%, Viacom18 46.82%, Disney 36.84%.","Disney records non-cash pre-tax impairment of $1.8-2.4B in current quarter for held-for-sale accounting.","JV will have 750M+ viewers; Nita Ambani as Chairperson, Uday Shankar as Vice Chairperson.","Expected close in Q4 2024 or Q1 2025; subject to regulatory and shareholder approvals."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-049404","json":"https://secwatch.observer/filing/0001193125-24-049404.json","markdown":"https://secwatch.observer/filing/0001193125-24-049404.md","text":"https://secwatch.observer/filing/0001193125-24-049404.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1744489/000119312524049404/0001193125-24-049404-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1744489/000119312524049404/d800554d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T09:08:41.608406+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b98db8e288ef58662aec1b02f383920f2bd0a5e","claim":"Walt Disney Co announced a impairment with charges of between $1.8 billion to $2.4 billion affecting Star India Private Limited and entertainment linear networks reporting unit.","evidence_excerpt":"In the current quarter, the Company currently expects to record non-cash pre-tax impairment charges estimated to be between $1.8 billion to $2.4 billion, approximately half of which reflects a write-down of the net assets of Star India, in order to adjust them to fair value (less estimated transaction costs) pursuant to held-for-sale accounting, and approximately half of which reflects a write-down of goodwill at the entertainment linear networks reporting unit, reflecting the impact of removing Star India.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1744489/000119312524049404/0001193125-24-049404-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"between $1.8 billion to $2.4 billion"},{"label":"Affected area","value":"Star India Private Limited and entertainment linear networks reporting unit"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}