Paramount Global Sells 13% Stake in Viacom18 to Reliance for $517 Million ...Middle East

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Paramount Global Sells 13% Stake in Viacom18 to Reliance for $517 Million
Paramount Global has sold its 13% ownership stake in Viacom18 to Reliance Industries for $517 million. The pact comes two weeks after Disney and Reliance Industries announced a blockbuster $8.5 billion deal merging their massive Indian TV and streaming businesses. As part of that agreement, Reliance’s Viacom18 is merging with Disney’s Star India. On March 13, […]

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