Breaking Uday Shankar, James Murdoch to pick up 40% stake in Viacom18

[Ashok Varma]

So the news is voot kids will merge with voot and the trio(excluding paramount ) will make all efforts to build the newest version of voot app.
Voot app will be available with hard bundle along with jio cinema and paramount plus (₹999/year ) for non jio users
And for jio users it might fall somewhere between (₹399-₹499)

They will follow Netflix type for subscription classes.

Jio Cinema has no clarity as Sun Nxt & some other app content available only for mobile, not for TV app.

 

[Ranjith.m]

When Voot new version comes?

 

[Ashok Varma]

When Voot new version comes?

May be just before IPL 2023.

 

[RdX]

I think Qatar investments Game changer for Reliance's Viacom18 in Sports market. they got IPL, CSA, FIFA, WPL and now Moto GP Media Rights. If QIA funds more in BTS Viacom18 likely acquire F1 and BCCI Media Rights too.

The Competition Commission of India (CCI) on Thursday said it has approved the proposed investment by Qatar Investment Authority in BTS Investment 1 Pte (BTS1), a Singapore-based pooled vehicle. QIA is a sovereign wealth fund of the State of Qatar, while BTS1 is an investment venture firm of James Murdoch's Lupa Systems and ex-chairman of Star and Disney India Uday Shankar.

CCI clears proposed investment by Qatar Investment Authority in BTS Investment 1 Pte

The proposed transaction relates to the proposed investment by Qatar Investment Authority in BTS1, which is raising capital from various investors for its investment in Viacom18, CCI said. Last year in February, Murdoch and Shankar announced the formation of the firm, Bodhi Tree Systems (BTS)...

m.economictimes.com

 

[Aksgr]

I think Qatar investments Game changer for Reliance's Viacom18 in Sports market. they got IPL, CSA, FIFA, WPL and now Moto GP Media Rights. If QIA funds more in BTS Viacom18 likely acquire F1 and BCCI Media Rights too.

The Competition Commission of India (CCI) on Thursday said it has approved the proposed investment by Qatar Investment Authority in BTS Investment 1 Pte (BTS1), a Singapore-based pooled vehicle. QIA is a sovereign wealth fund of the State of Qatar, while BTS1 is an investment venture firm of James Murdoch's Lupa Systems and ex-chairman of Star and Disney India Uday Shankar.

CCI clears proposed investment by Qatar Investment Authority in BTS Investment 1 Pte

The proposed transaction relates to the proposed investment by Qatar Investment Authority in BTS1, which is raising capital from various investors for its investment in Viacom18, CCI said. Last year in February, Murdoch and Shankar announced the formation of the firm, Bodhi Tree Systems (BTS)...

m.economictimes.com

I quite don't understand the investment. The BTS is not picking up any share in viacom18 but then how are they investing ,like on what basis.?

 

[StoriesWithPK]

Irrespective of the investment, having Uday Shankar on their team has been a huge advantage for Viacom18. Disney Star is clueless without him.

 

[federer.reddevil]

I think Qatar investments Game changer for Reliance's Viacom18 in Sports market. they got IPL, CSA, FIFA, WPL and now Moto GP Media Rights. If QIA funds more in BTS Viacom18 likely acquire F1 and BCCI Media Rights too.

The Competition Commission of India (CCI) on Thursday said it has approved the proposed investment by Qatar Investment Authority in BTS Investment 1 Pte (BTS1), a Singapore-based pooled vehicle. QIA is a sovereign wealth fund of the State of Qatar, while BTS1 is an investment venture firm of James Murdoch's Lupa Systems and ex-chairman of Star and Disney India Uday Shankar.

CCI clears proposed investment by Qatar Investment Authority in BTS Investment 1 Pte

The proposed transaction relates to the proposed investment by Qatar Investment Authority in BTS1, which is raising capital from various investors for its investment in Viacom18, CCI said. Last year in February, Murdoch and Shankar announced the formation of the firm, Bodhi Tree Systems (BTS)...

m.economictimes.com

No chance they will go for F1 there is a limit to the price you pay for a media rights and the amount that F1 asks for 23races a year is just stupid no one in their right mind will pay that much. I am a F1 fan but if you say I have to pay 2000rs per year to watch F1 then I am not going to watch it there are other sporting events to watch on weekend which are not that expensive

 

[StoriesWithPK]

NBC Universal will be buying shareholding in Uday Shankar and James Murdoch's BTS Investment and BTS VCC.

As per media reports, a portion of the investment proceeds will be further invested in Viacom18.

CCI clears NBC Universal Media's stake buy in BTS Investment 1, BTS VCC

The proposed combination pertains to acquisition by NBC Universal Media LLC (NBC Universal) of certain shareholding of BTS Investment and BTS VCC. Further, a portion of the proceeds from the investment will be used by BTS Investment for further investment into Viacom18 Media Private Limited...

m.economictimes.com

 

[Ashok Varma]

NBC Universal will be buying shareholding in Uday Shankar and James Murdoch's BTS Investment and BTS VCC.

As per media reports, a portion of the investment proceeds will be further invested in Viacom18.

CCI clears NBC Universal Media's stake buy in BTS Investment 1, BTS VCC

The proposed combination pertains to acquisition by NBC Universal Media LLC (NBC Universal) of certain shareholding of BTS Investment and BTS VCC. Further, a portion of the proceeds from the investment will be used by BTS Investment for further investment into Viacom18 Media Private Limited...

m.economictimes.com

So, Universal+ content will merge with Jio Cinema alongwith Paramount+ in future, but WB/HBO content is still unsold?

 

[RdX]

I think NBC Universal now gets proper partner Viacom18 for Releasing their studio movies in India.