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Mar 13, 2024 · For Paramount Global, the sale of its interest in Viacom18 is part of its efforts to bolster its balance sheet. The media company ended 2023 with long-term debt of $14.6 billion, down from $15.6 ...
Feb 29, 2024 · Reliance, along with Viacom18, will own 63% in the merged entity, while Disney will hold the remaining 37%. Reliance will infuse $1.4 billion (Rs 11,500 crore) in the merged company to finance its ...
Mar 13, 2024 · 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 ...
Mar 17, 2021 · Viacom18 Media Pvt. Ltd. is one of India’s fastest growing entertainment networks and a house of iconic brands that offers multi-platform, multi-generational and multicultural brand experiences. Viacom18 defines entertainment in India by touching the lives of people through its properties on air, online, on ground, in cinemas and merchandise.
Nov 2, 2023 · Mumbai: The proposed deal between Walt Disney 's Star India and Reliance Industries ' Viacom18 could lead to the establishment of India's largest media and entertainment conglomerate, with roughly Rs 25,000 crore in top line, say industry experts. The combined entity will own 115 TV channels (Star India – 77 and Viacom18 – 38) and two ...
Feb 29, 2024 · The RIL-Viacom18-Disney transaction will add Rs 40 per share to RIL’s sum-of-the-parts valuation (SOTP), said Jefferies. This partnership not only presents opportunities for enhanced ad ...
Mar 13, 2024 · Reliance buys Paramount’s stake in Indian media Viacom18 for $517 million. Mukesh Ambani’s Reliance is buying Paramount Global’s 13% stake in Viacom18 for $517 million as Asia’s richest ...
