Paramount Global has divested its entire 13% stake in Indian TV and streaming company Viacom18 to India's Reliance Industries for approximately $517 million. Reliance was already the majority owner of Viacom18 prior to this transaction. This deal comes shortly after Reliance announced a landmark $8.5 billion merger agreement between its...
News Corp Founder's Son James, Meets Prime Minister Modi
21st Century Fox Company CHief Operating Officer James Murdoch and Uday Shankar, CEO of Fox's Star India, met Indian Prime Minister Narendra Modi in New Delhi. Details of what was discussed at the meeting are not available. According to The Hollywood Reporter, Star India operates more than 40 networks, reaching...