The joint venture has combined revenue of $3.1 billion and over 100 TV channels, 50 million subscribers, and 30,000 hours of ...
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Reliance Industries, Viacom 18 and The Walt Disney Company (DIS) announced that following the approval by the NCLT Mumbai, ...
RIL has invested Rs 11,500 crore into the JV into the JV for its growth. The JV has allotted shares to Viacom18 and RIL as ...
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The joint venture will be one of the largest Media & Entertainment companies in India with pro forma combined revenue of approximately $3.1 billion.
The transaction values the JV atRs 70,352 crore (~US$ 8.5 billion) on a post-money basis, excluding synergies. At the closing of the transactions noted above, the JV is controlled by RIL and owned ...