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

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Looks like shareholders are not happy with this deal
 
Looks like shareholders are not happy with this deal
Now it's down 20% and at lower circuit.
 
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RIL stake in viacom18 of tv18 will give huge hit to tv18 share price.
 
Reliance is the most powerful company in India and now has Bodhi Tree involved too. They just got the exclusive streaming rights for cricket. Now the cricket won't be on Paramount+, but Paramount+ will be bundled with their super service. So again, we don't have to invest in local content. We don't have to invest in local marketing. We ride alongside the super service and benefit for the market, very excited about this model," Bakish said.

 
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