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  1. en.wikipedia.org › wiki › Viacom18Viacom18 - Wikipedia

    The company owns and operates various channels, as well as content production studios in India. In April 2024, Paramount Global fully exited Viacom18 with the sale of its 13.01% stake to Reliance Industries for $517 million. Paramount will continue to license its brands and content to Viacom18.

  2. www.newindianexpress.com › ril-buys-1301-per-cent-in-viacom18-for-rs-4286-croreRIL buys 13.01 per cent in Viacom18 for Rs 4,286 crore - The New...

    Mar 15, 2024 · NEW DELHI: Reliance Industries Limited (RIL) signed an agreement on Thursday to acquire a 13.01% equity stake in Viacom18 Media Private Limited (Viacom18) for a consideration of Rs 4,286 crore.

  3. www.cnbctv18.com › business › companiesBottomline | What Reliance's new Viacom18 deal spells

    Apr 15, 2023 · Viacom18, a controlled subsidiary of TV18, is now the owner of the JioCinema OTT platform and has over Rs 15,000 crore in its kitty to disrupt the market with.

  4. www.livemint.com › companies › newsParamount to sell Viacom18 stake to Reliance in India exit

    Mar 14, 2024 · Lata Jha. 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. A...

  5. timesofindia.indiatimes.com › business › india-businessRIL to merge Viacom18 with Disney's Star in $8.5bn deal - Times...

    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%.

  6. variety.com › 2024 › tvParamount Global Sells Viacom18 Stake to Reliance for $517 ... -...

    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.

  7. www.digitaltveurope.com › 2024/03/14 › reliance-to-acquire-paramount-stake-in-viacom18Reliance to acquire Paramount stake in Viacom18

    Mar 14, 2024 · Paramount Global has agreed the sale of its entire 13% stake in India’s Viacom18 to majority owner Reliance for approximately US$517 million. In a regulatory note, Paramount said the sale was conditional on completion of the joint venture partnership between Reliance, Viacom18 and Star Disney.

  8. www.thehindu.com › business › viacom18-completes-merger-allots-shares-to-rilViacom18 completes merger, allots shares to RIL entities, Bodhi...

    Apr 13, 2023 · Uday Shankar, the former chairman of Star India and The Walt Disney Company India has been appointed to the Board of Viacom18. Paramount Global will continue as a shareholder and supply...

  9. www.cnbc.com › 2024/03/14 › indias-reliance-to-buy-paramounts-stake-in-viacom18India’s Reliance to buy Paramount’s stake in Viacom18

    Mar 14, 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...

  10. www.hollywoodreporter.com › paramount-global-sells-stake-in-viacom18-1235851971Paramount Global Sells Stake in Viacom18 for $517M - The...

    Mar 13, 2024 · Paramount Global has agreed to sell its 13 percent stake in Indian media company Viacom18 to Reliance Industries. The sale price is approximately $517 million, according to a new securities filing...