RIL’s TV18 acquires majority control of Viacom18 for Rs 128 cr
Reliance Industries controlled media group TV18 Broadcast said it has acquired a controlling stake in Viacom 18, which operates channels such as Colors and Comedy Central in India. The joint venture was formed as a 50:50 partnership in 2007. However, because neither party had a controlling stake, TV18 Broadcast was prevented from showing the revenue […]