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As part of the venture, JioCinema—a streaming service owned by Reliance's mobile operator Jio—would be brought under Viacom18. Paramount would remain a stakeholder and content partner. The deal was approved by the Competition Commission of India (CCI) in September 2022.
Mar 15, 2024 · Viacom 18 is currently owned by Paramount Global through its two subsidiaries. Viacom18 is a subsidiary of TV18 Broadcast Limited.
Mar 13, 2024 · Paramount Global has sold its 13% ownership stake in Indian TV and streaming company Viacom18 to Reliance Industries for $517 million. Reliance was already the majority owner of Viacom18.
- Todd Spangler
Apr 13, 2023 · Entertainment network Viacom18 Media Pvt Ltd. has announced that following the sanction by NCLT Mumbai, the scheme of merger of Reliance Storage Ltd. with itself has become effective and Viacom18...
Mar 13, 2024 · Viacom18 is majority-owned by Reliance and has 40 television channels, including Comedy Central, Nickelodeon and MTV. Paramount said it will continue to license its content to Viacom18 after the...