Paramount Global has sold its 13% ownership stake in TV and streaming company 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 […]
© 2020-23 Digest Wire. All rights belong to their respective owners.