Viacom, the entertainment colossus located on Broadway, was forced to take an $18 billion write-down yesterday as the value of its Infinity radio and outdoor advertising businesses plummeted in the ...

Mumbai, Aug 31 (IANS) Viacom 18 Media Private Limited has bagged the BCCI’s TV and digital media rights for the next five years for a cumulative figure of INR 5,963 crore.

As part of the deal, Paramount has completed the sale of its entire 13.01 percent equity stake in Viacom 18 Media to Reliance “for an aggregate purchase price of $508 million (which we expect to ...

In addition, Jyoti Deshpande, president of media and content business at RIL, and Shuva Mandal, partner at Anagram Partners, have also been appointed to the Viacom 18 board.