In a significant move, Paramount Global has completed the sale of its entire 13.01% equity interest in Viacom 18 Media Private Limited ... of the Redstone family's stake in the company.
was now part of the family as he joined the group with his 4-year-old son, X Æ A-12. “Elon achieving uncle status,” she wrote alongside a photo of the Tesla CEO and his son, X, who playfully ...
“Optimizing our asset mix is an important pillar of our strategic plan. “The sale of our Viacom 18 stake to Reliance provides an attractive financial return, is helpful to our balance sheet an ...
Reliance Industries Limited (RIL), Viacom18 Media Private Limited, and The Walt Disney Company have announced the completion of a merger between Viacom18’s media and JioCinema businesses with ...
The long-awaited merger between Reliance Industries’ Viacom18 and Disney’s Star India is finally happening, and it’s set to bring big changes to India’s media scene in the years ahead.
Indian conglomerate Reliance Industries’ (RIL) media venture Viacom18 and Walt Disney’s India arm, Star India, merged to form an $8.5 billion media behemoth. The merger combines the content libraries ...
The newly formed joint venture (JV) will be chaired by Nita Ambani, with Uday Shankar as Vice Chairperson. RIL has invested Rs 11,500 crore (approximately $1.4 billion) in the JV, which is valued ...
The ₹70,352-crore merger transaction of Viacom18’s JioCinema and media businesses into Star India Pvt. Ltd. has been completed following approval from the National Company Law Tribunal, the ...
I am very optimistic about the future of this JV and wish it all the success.” Robert A. Iger, CEO of The Walt Disney Company, also shared his excitement, saying, “This is an exciting moment ...
The upcoming merger between Star and Viacom could pose a significant challenge or "double whammy" for SUN TV, as it will face increased competition from a "deep-pocketed" player, alongside ...
The country’s largest media house - a Rs 70,352 crore joint venture between Reliance’s Viacom18 and Walt Disney’s local arm, Star India - is ready to launch. All regulatory approvals are in ...
Disney CEO Robert A. Iger expressed optimism about the venture, noting, “By joining forces with Reliance, we are able to expand our presence in this important media market and deliver viewers an ...