Mukesh Ambani's RIL boosts stake in Viacom18! Reliance Industries ups stake from 70.49% to THIS MUCH

Show Media and Entertainment Publications

Thu, January 2, 2025

[ Thu, Jan 02nd ]: briefly

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[ Thu, Jan 02nd ]: MSN

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[ Thu, Jan 02nd ]: News24

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[ Wed, Jan 01st ]: Yahoo

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[ Wed, Jan 01st ]: Yahoo

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[ Wed, Jan 01st ]: People

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[ Wed, Jan 01st ]: Bustle

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Tue, December 31, 2024

[ Tue, Dec 31st 2024 ]: AOL

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[ Tue, Dec 31st 2024 ]: Yahoo

Justin Baldoni Sues New York Times for $250 Million Over Blake Lively Smear Campaign Reporting

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[ Tue, Dec 31st 2024 ]: Newsweek

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[ Tue, Dec 31st 2024 ]: Yahoo

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[ Tue, Dec 31st 2024 ]: EconoTimes

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[ Tue, Dec 31st 2024 ]: Tuko

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[ Tue, Dec 31st 2024 ]: Yahoo

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[ Tue, Dec 31st 2024 ]: AOL

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[ Tue, Dec 31st 2024 ]: MSN

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[ Tue, Dec 31st 2024 ]: Yahoo

Travis Barker's daughter Alabama, 19, taken to the hospital for nicotine withdrawal: report

[ Tue, Dec 31st 2024 ]: onmanorama

'Karikku' fame Sneha Babu and husband Akhil Xavier welcome baby girl

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[ Tue, Dec 31st 2024 ]: PBS

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[ Tue, Dec 31st 2024 ]: Metro

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[ Tue, Dec 31st 2024 ]: News24

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[ Tue, Dec 31st 2024 ]: MSN

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Mon, December 30, 2024

[ Mon, Dec 30th 2024 ]: Yahoo

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Mukesh Ambani's RIL boosts stake in Viacom18! Reliance Industries ups stake from 70.49% to THIS MUCH

//media-entertainment.news-articles.net/content/ .. ndustries-ups-stake-from-70-49-to-this-much.html

Published in Media and Entertainment on Tuesday, December 31st 2024 at 11:44 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Viacom18 Media Private Limited has officially become a subsidiary of Reliance Industries Limited, effective December 30, 2024, as part of a massive corporate reorganisation. Previously, Mukesh Ambani-led Reliance owned a 70.

Mukesh Ambani's Reliance Industries Limited (RIL) has increased its stake in Viacom18 Media Private Limited from 70.49% to 70.84%. This move is part of RIL's strategy to consolidate its presence in the media and entertainment sector. The transaction involved RIL purchasing an additional 0.35% stake from Paramount Global, which now holds a reduced stake of 13.08% in Viacom18. This acquisition aligns with RIL's broader ambitions to expand its media footprint, especially in light of the evolving digital landscape and the integration of content across various platforms. The deal reflects RIL's ongoing commitment to enhancing its content offerings and strengthening its position in the competitive media market.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/markets/mukesh-ambani-s-ril-boosts-stake-in-viacom18-reliance-industries-ups-stake-from-70-49-to-this-much/ar-AA1wLy2t ]

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