Raju lal
Contributor
- Joined
- 2 Jun 2018
- Messages
- 3,017
- Reaction score
- 5,176
So Network 18 becomes a subsidiary of Reliance Industries which handles news channels & publications.Network18 transferred their controlling rights of Viacom18 to Reliance Industries
Viacom18 is no more a subsidiary of TV18/Network18
Slowly 'Viacom 18' will get liquidated, so that Reliance Industries will become the largest direct shareholder in JioStar(about 60% +). Thus JioStar transform as the entertainment subsidiary of Reliance Industries with Disney & Bodhi as minor partners. Things seems going on that way.
Reliance Industries subsidiaries -
1. Network 18 - News 18 channels, CNN News 18, Online news and related portals.
2. JioStar - Entertainment channels, Sports Channels, Streaming, Studios etc.