Reliance to acquire Paramount's 13% stake in Viacom18 for ₹4,286 cr; stock gains 1%
Post the completion of this transaction, TV18 Broadcast’s equity stake in Viacom18 will increase to 70.49%.
viacom18
March 2024
February 2024
September 2023
April 2023
January 2023
September 2022
August 2022
May 2022
RIL shares rise 2% on merger of India entertainment biz with Disney
The Reliance-Viacom18-Disney deal will add ₹40 per share to RIL’s sum-of-the-parts valuation (SOTP), says Jefferies.
RIL shares hit fresh record high; surge 11% in one month
Reliance Industries shares gained 3% to hit a fresh all-time high of ₹2,937.80 today, while market capitalisation touched record high of ₹19.86 lakh crore mark.
What does Viacom18's BCCI win mean?
This feat makes the Indian board richer by ₹5,963 crore and gives Viacom18 the right for 88 matches.
Viacom18 completes deal with Reliance, Bodhi Tree, Paramount Global
Reliance Industries has made an investment of ₹10,839 crore, whereas Bodhi Tree Systems invested ₹4,306 crore in the joint venture.
Reliance-backed Viacom 18 bags IPL Women's media rights for ₹951 cr
With this, the company has committed ₹951 crore between 2023 and 2027. For each match of total 22 IPL matches every year, Viacom18 will pay ₹7.09 for the next five years.
CCI nod to Jio Cinema OTT merger with Viacom 18
In April, Bodhi Tree tied up with Viacom18 to form one of the largest TV, digital streaming firms. As per the deal, JioCinema OTT app was to be transferred to Viacom18.
Building a wholesome family entertainment product: Viacom18
Viacom18 is also looking at overhauling the look and feel of its app, along with delivering bespoke content for Indian audiences.
We wanted digital rights; we will deliver superior experience: Viacom18
Synergies with Jio will be leveraged to deliver a product and user experience which will be far superior to linear broadcast, exclaims Viacom18 CEO Jyoti Deshpande.
After Viacom18, Bodhi Tree to invest $600 mn in ALLEN Career
ALLEN prepares students for competitive exams like IIT-JEE, NEET-US, KVPY and Olympiads; it has 138 classroom centres in 46 cities and has a presence in the Middle East
