Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.
Nine years after parting ways, Prannoy Roy and Rupert Murdoch are again coming together for a unique airtime sale and marketing alliance.
The Ministry of Information and Broadcasting has given its nod for temporary live uplinking of the 11th edition of the Indian Premier League, whose inaugural ceremony will be held on Friday.
The Supreme Court on Friday stayed Delhi high court order directing Monopolies and Restrictive Trade Practices Commission to investigate allegations of financial irregularities by Star Plus television channel in its game show Kaun Banega Crorepati.
Star India successfully bagged the global media rights for the next five seasons of Indian Premier League -- including broadcast and digital -- for a massive Rs. 16,347.50 crores ($2.55 billion), in Mumbai, on Monday.
News Corporation's subsidiary Star India Pvt Ltd has entered into a co-publishing venture with bookseller and publisher Popular Prakashan Pvt Ltd to launch activity books based on two popular shows, 'Shaka Laka Boom Boom' and 'Sonpari.'
Four Mumbai-based persons have moved a Delhi Court seeking a stay on the preliminary round for choosing participants for the much-publicised Kaun Banega Crorepati-2 television game show hosted by superstar Amitabh Bachchan, claiming patent rights ove
The Delhi high court on Wednesday asked the Centre, Trai and Star India Pvt Ltd to respond to a petition challenging the January 9 government notification bringing broadcast and cable services under Trai's jurisdiction.
Star India Pvt. Ltd. was awarded the team sponsorship rights of the Indian team on Monday for a period of three years after Sahara's bid was declared ineligible by the BCCI in Chennai.
Radio City 91 FM, an FM radio station jointly promoted by Music Broadcast Private Ltd and STAR TV, hopes to break even in next two years time, provided there is a slash in the FM radio broadcaster licensing fee.
The much-anticipated IPL-style Indian Super League (ISL) is set to roll again. The bidding process of the football tournament will start from on Monday.
The security concerns triggered by political unrest in Bangladesh notwithstanding, the country will remain the host of the Asia Cup next month, the Asian Cricket Council (ACC) announced on Saturday.
The rights on offer are Indian Sub-continent Television Rights from 2018 to 2027 (10 IPL seasons), Indian sub-continent Digital Rights from 2018 to 2022 (5 IPL seasons) and Rest of the World Media Rights from 2018 to 2022 (5 IPL seasons).
The Board of Control for Cricket in India awarded the title sponsorship for all international series and the domestic tournaments in India for the year 2013-14 to Star Private Ltd. and ESPN at the base price of Rs two crore per fixture, considerably low compared to their previous deal with Airtel on Thursday.
Despite just one bid and the sponsorship rights going for its base price, the Board of Control for Cricket in India expressed satisfaction with its deal with Star India Pvt Ltd and ESPN for all 13 home international fixtures till March 2014.
Balbinder Singh Dhami, who has played an inspector, for over a year, in The Zee Horror Show, took on the role of a witness on Monday. It was a part he had no experience of.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances