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

[Aksgr]

Breaking news
on a new news rumors that have arrised causing 8% increase in tv18 shares after news broke as Comcast is likely to step in with James to acquire stock in Viacom 18.
Comcast is in talks with ViacomCBS and RIL to acquire 20-30% share in entertainment sector of Network18 .
This comes with the news of Ambani raising funds similar to jio telecom

TV18 Broadcast soars on buzz Comcast may want in on Shankar-Murdoch deal

Shares of TV18 Broadcast surged over 8 percent on buzz that US telecom conglomerate Comcast may join media titans James Murdoch and Uday Shankar in acquiring a stake in Viacom 18

www.moneycontrol.com

 

[Aksgr]

If possible do change title. Multiple media gaints eying on viacom18.
Current :
ViacomCBS - 49%
RIL Network 18 via Tv18 - 51%
Future : ( prediction)
Network18 - 50%
Comcast Universal - 28%
Lupa india holdings - 10%
Viacomcbs - 12%

 

[federer.reddevil]

If possible do change title. Multiple media gaints eying on viacom18.
Current :
ViacomCBS - 49%
RIL Network 18 via Tv18 - 51%
Future : ( prediction)
Network18 - 50%
Comcast Universal - 28%
Lupa india holdings - 10%
Viacomcbs - 12%

So will they merge Discovery+ with this and if that happens what will happen to Eurosport

 

[Mylanji]

If possible do change title. Multiple media gaints eying on viacom18.
Current :
ViacomCBS - 49%
RIL Network 18 via Tv18 - 51%
Future : ( prediction)
Network18 - 50%
Comcast Universal - 28%
Lupa india holdings - 10%
Viacomcbs - 12%

Warner Bros Discovery is currently with AT&T

 

[vicky 1213]

These scenario reminds me Mahabharat
Disney becomes pandav and rest of all r kauravs

 

[CloudCraze]

If possible do change title. Multiple media gaints eying on viacom18.
Current :
ViacomCBS - 49%
RIL Network 18 via Tv18 - 51%
Future : ( prediction)
Network18 - 50%
Comcast Universal - 28%
Lupa india holdings - 10%
Viacomcbs - 12%

So where did James Murdoch go? When I heard that he was coming to the Indian media field, I was expecting a lot ..

 

[Joel.G]

So where did James Murdoch go? When I heard that he was coming to the Indian media field, I was expecting a lot ..

Lupa was an investing firm of James Murdoch and Uday Shankar.

 

[Raju lal]

Multiple fathers do bad for the kid

 

[RdX]

So in future Viacom becomes like 2.0 of Zee Network

 

[Raju lal]

So in future Viacom becomes like 2.0 of Zee Network

'Viacom 18' is only in paper. Literally its TV 18- Viacom was melt down to just V as Reliance is the power centre. Usually any foreign media conglomerate partners with an Indian media, timely the foreign companion will gain the full authority. Here things are opposite. Even with 49% stake ViacomCBS doesn't showing their presence. Apart from their channel brands(MTV, Nick etc) no contribution in terms of contents from their assets. There is nothing coming with Viacom signature. By selling stakes and becoming a minority stake holder I think they wish for an exit from India.