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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 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 ...
Feb 28, 2024 · Viacom18 Studios has successfully produced and distributed iconic Hindi films and clutter-breaking regional films for over 13 years in India. About The Walt Disney Company The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international entertainment and media enterprise that includes three core business segments: Entertainment, Sports and Experiences.
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 ...
Mar 13, 2024 · The two firms said their merger will create a joint venture that they value at $8.5 billion. Viacom18 also counts Bodhi Tree, an investment firm run by James Murdoch and Uday Shankar, among its ...
