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India's Reliance Industries has agreed to buy Paramount Global's entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86 billion Indian rupees), the U.S. company said in a regulatory filing. 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 closing of the deal. It already streams its content thro...
India`s Reliance to buy Paramount`s stake in Viacom18
Netflix, billionaire Mukesh Ambani's Viacom18 and other streaming companies plan to collectively lobby the Indian government to delay or revamp a broadcast bill they fear will be onerous for the sector, sources familiar with the matter said. India last month introduced the new draft law to regulate the broadcasting sector that will also apply to streaming giants. It proposes the formation of individual content evaluation committees with members from various social groups who will revie...
Netflix, Viacom18 among streaming firms set to oppose India broadcasting bill
The entertainment unit of India's Reliance has signed a deal with The Pokemon Company to show children's shows and movies on its platform, two people with knowledge of the deal said, its latest bid to boost content amid a domestic rivalry with the Walt Disney Co and other streaming services. The deal, signed this month, will make JioCinema's streaming app the "exclusive" India platform partner for more than 1,000 episodes and around 20 movies of the Japanese anime ser...
India`s Reliance JioCinema signs up Pokemon in kids entertainment push
After securing exclusive media rights for BCCI International and Domestic Matches, Viacom18 today announced its plans for the three-ODI series between India and Australia starting September 22.The first international series in the rights cycle will be presented on JioCinema in 11 languages for free. On linear/ offline TV, the series will be aired live on Colors Tamil (Tamil), Colors Bangla Cinema (Bengali), Colors Kannada Cinema (Kannada), Colors Cineplex Superhits (Hindi), Spo...
Viacom18 Opens Their Innings as the New Home of Indian Cricket with Three-Match ODI Series against Australia
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