Search results
The company owns and operates various channels, as well as content production studios in India. In December 2023, Reliance Industries merged its subsidiary TV18 into Network18. [4] . In April 2024, Paramount Global fully exited Viacom18 with the sale of its 13.01% stake to Reliance Industries for $517 million.
Mar 15, 2024 · Viacom 18 is currently owned by Paramount Global through its two subsidiaries. Viacom18 is a subsidiary of TV18 Broadcast Limited.
22 hours ago · Viacom18 is the holding company that owns the media and entertainment business of Reliance Industries and Bodhi Tree Systems. Now, both sides are in the final stages of the merger, making some adjustments to the business as per the directions of the Competition Commission of India (CCI).
Mar 15, 2024 · Reliance currently owns 57.48% stake in Viacom18, through the latter’s parent company TV18 Broadcast Ltd. This will increase to 70.49% after the deal with Paramount is completed.
Feb 29, 2024 · RIL-owned Viacom18 will be merged with Walt Disney's local arm Star India, strengthening the Reliance's hold over the country's $28-billion media and entertainment industry. Reliance, along with Viacom18, will own 63% in the merged entity, while Disney will hold the remaining 37%.
Mar 14, 2024 · Reliance Industries has agreed to purchase Paramount Global's 13.01% stake in Viacom 18 Media for about Rs. 4,286 crore, as reported in a regulatory filing by RIL. This acquisition will increase Reliance's equity stake in Viacom18 to 70.49% on a fully diluted basis, up from the current 57.48% held via Compulsorily Convertible Preference Shares.
1 day ago · Under the terms of the agreement Viacom18’s media operations will be merged with Star India Ltd through a court-approved scheme of arrangement. The joint venture, valued at Rs 70,350 crore ($8.5 ...
