James Murdoch, Uday Shankar lead US$1.8 billion investment in India's Viacom18

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NEW DELHI: An investment company set up by Rupert Murdoch\u0027s son James and former Disney India executive Uday Shankar said on Wednesday it will invest US$1.8 billion in Reliance Industries\u0027 broadcasting business Viacom18. Bodhi Tree Systems, a venture between James Murdoch\u0027s Lupa Systems and Shankar, is lea

NEW DELHI: An investment company set up by Rupert Murdoch's son James and former Disney India executive Uday Shankar said on Wednesday it will invest US$1.8 billion in Reliance Industries' broadcasting business Viacom18.

Reliance chairman Mukesh Ambani said the partnership will help"India’s transition to a streaming-first media market". Reliance held a 51 per cent stake in Viacom18, with ViacomCBS, which recently changed its name to Paramount Global, holding the rest. As well as streaming platform"VOOT", Viacom18 runs several TV channels in India, including Nickelodeon and Comedy Central.

 

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James Murdoch, Uday Shankar lead $1.8 billion investment in India's Viacom18NEW DELHI : An investment company set up by Rupert Murdoch's son James and former Disney India executive Uday Shankar said on Wednesday it will invest $1.8 billion in Reliance Industries' broadcasting business Viacom18.Bodhi Tree Systems, a venture between James Murdoch's Lupa Systems and Shankar, is lead
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »

James Murdoch, Uday Shankar lead $1.8 billion investment in India's Viacom18NEW DELHI : An investment company set up by Rupert Murdoch's son James and former Disney India executive Uday Shankar said on Wednesday it will invest $1.8 billion in Reliance Industries' broadcasting business Viacom18.Bodhi Tree Systems, a venture between James Murdoch's Lupa Systems and Shankar, is lead
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »