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India's Reliance Industries has agreed to buy Paramount Global's entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86 billion Indian rupees), the U.S ...
Paramount Global is selling its stake in Viacom 18 Media Private for $517 million to Reliance Industries shortly after the Indian companies announced a joint venture with Walt Disney ’s Star ...
India’s Reliance Industries has announced a deal to acquire Paramount Global’s 13.01 per cent stake in indian entertainment network Viacom 18 Media for IDR 42.86 billion (€472.4bn), according to ...
Under Reliance’s new $8.5 billion pact with Disney, the combined entity will add Hotstar and entertainment and sports assets Colors, StarPlus, StarGOLD, Star Sports and Sports 18.
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 ...
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Veteran media executive, Jyoti Deshpande has been appointed CEO of Viacom 18, the joint venture between TV18 and U.S. conglomerate Viacom. Billionaire Mukesh Ambani acquired a controlling stake in ...
Disney, Reliance Industries and Viacom 18 Media are forming a streaming-media joint venture for India valued at about $8.5 billion. Photo: AFP via Getty Images ...
India's Reliance Industries has agreed to buy Paramount Global's entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86 billion Indian rupees), the U.S ...
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 ...