Breaking Reliance and Disney Announce Strategic Joint Venture

[Aksgr]

Paramount Global Exits India Technical operations:
Paramount Global has sold its 13.01% stake in viacom18 to RIL as a part of larger transaction. But Paramount will continue to foster its brand names in India with the help of RIL this includes Nickelodeon , MTV, VH1 and Comedy central also paramount will continue to license its non exclusive titles, IPO's and merchandise to Viacom18 Merchandise business. As a part of the deal colors brand is completely transferred to RIL portfolio.
Paramount will continue its business operations in India with a movie studio Paramount Pictures which will be distributed by Viacom18 studios till 2027.
While in the Transaction Viacom18 was valued at ~4 Billion $
JSA advised Paramount Global on this transaction.

 

[Funkyboyhas]

Reliance Industries Limited and Viacom 18 Media Private Limited have entered into a strategic joint venture with The Walt Disney Company.

Paramount Global, which had a stake of 13% in Viacom 18 Media, has sold its entire stake to Reliance Industries as part of the larger transaction.

In addition, RIL has agreed to invest ₹11,500 crore (~US$ 1.4 billion) into the JV for its growth strategy at the closing of the deal.

These 7 law firms script Reliance - Walt Disney JV in India

Reliance Industries Limited and Viacom 18 Media Private Limited have entered into a strategic joint venture with The Walt Disney Company.Paramount Global, which

www.barandbench.com

 

[rohan74]

Paramount Global Exits India Technical operations:
Paramount Global has sold its 13.01% stake in viacom18 to RIL as a part of larger transaction. But Paramount will continue to foster its brand names in India with the help of RIL this includes Nickelodeon , MTV, VH1 and Comedy central also paramount will continue to license its non exclusive titles, IPO's and merchandise to Viacom18 Merchandise business. As a part of the deal colors brand is completely transferred to RIL portfolio.
Paramount will continue its business operations in India with a movie studio Paramount Pictures which will be distributed by Viacom18 studios till 2027.
While in the Transaction Viacom18 was valued at ~4 Billion $
JSA advised Paramount Global on this transaction.

So from now on colors brand is completely owned by RIL?

 

[Aksgr]

So from now on colors brand is completely owned by RIL?

Technically yes, but even they have to go through proceedings.

 

[Divyam]

Merger kab tak complete hoga and when can we see the changes???

 

[Raju lal]

Reliance Industries Limited and Viacom 18 Media Private Limited have entered into a strategic joint venture with The Walt Disney Company.

Paramount Global, which had a stake of 13% in Viacom 18 Media, has sold its entire stake to Reliance Industries as part of the larger transaction.

In addition, RIL has agreed to invest ₹11,500 crore (~US$ 1.4 billion) into the JV for its growth strategy at the closing of the deal.

These 7 law firms script Reliance - Walt Disney JV in India

Reliance Industries Limited and Viacom 18 Media Private Limited have entered into a strategic joint venture with The Walt Disney Company.Paramount Global, which

www.barandbench.com

So its just Bodhi 18

 

[Kuldeep Simar]

Reliance Industries Limited and Viacom 18 Media Private Limited have entered into a strategic joint venture with The Walt Disney Company.

Paramount Global, which had a stake of 13% in Viacom 18 Media, has sold its entire stake to Reliance Industries as part of the larger transaction.

In addition, RIL has agreed to invest ₹11,500 crore (~US$ 1.4 billion) into the JV for its growth strategy at the closing of the deal.

These 7 law firms script Reliance - Walt Disney JV in India

Reliance Industries Limited and Viacom 18 Media Private Limited have entered into a strategic joint venture with The Walt Disney Company.Paramount Global, which

www.barandbench.com

Disney jio

 

[Surya_]

Disney jio

Will then the paramount titles still continue to be streamed via jiocinema or are we gonna see a Paramount OTT in India?

 

[Aksgr]

Will then the paramount titles still continue to be streamed via jiocinema or are we gonna see a Paramount OTT in India?

They have said they will continue RIL as their distribution partner

 

[Funkyboyhas]

A massive shift in Uday Shankar’s “TV is dead” narrative: Best Media Info

Best Media Info: Just in a matter of about six months, the vice-chairperson designate of the combined entity of Reliance-Disney media businesses is forced to change his narrative from “either/or” to “and”| Television News

bestmediainfo.com