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  • 1 year ago
रिलायंस इंडस्ट्रीज पैरामाउंट ग्लोबल की कुल 13.01% हिस्सेदारी को खरीदने जा रही है। दोनों कंपनियों के बीच यह डील 517 मिलियन डॉलर यानी करीब 4,286 करोड़ रुपये में हुई है। इस डील के पूरा हो जाने के बाद वायाकॉम 18 में रिलायंस की हिस्सेदारी 57.48% से बढ़कर 70.49 फीसदी हो जाएगी।

#reliance #paramountglobal #viacom18 #network18 #tv18 #jiocinema #hotstar #disneyhotstar


~PR.147~ED.148~

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Transcript
00:00 Asia's richest man and the country's most valued company, Reliance Industries Chairman Mukesh Ambani,
00:06 is continuously expanding his business.
00:08 Recently, he has made a deal with Disney to create a boom in the entertainment sector.
00:13 Immediately after this, he is preparing to make another big purchase.
00:17 According to reports, Reliance can buy Paramount Global's stakeholding in Viacom 18 Media.
00:23 Let's understand in detail in this video.
00:25 According to Market Cap, the country's largest company, Reliance Industries Ltd.,
00:29 is considering buying Paramount Global's 13.01% stake in Viacom 18.
00:36 At present, Reliance Industries has 57.48% stakeholding in Viacom 18.
00:42 Reliance Industries Ltd., under Mukesh Ambani's leadership,
00:45 has signed a binding agreement with two subsidiary companies of Paramount Global on Thursday.
00:51 Reliance Industries has signed an agreement with Viacom 18 Media Pvt. Ltd.
00:57 to buy Paramount Global's 13.01% stake in Viacom 18 instead of Rs. 4,286 crores.
01:03 Viacom 18 is a subsidiary company of TV18 Broadcast Ltd.
01:07 After this transaction is completed, Reliance's equity stake in Viacom 18 will be 70.49%.
01:13 At present, Reliance Industries has 57.58% equity in Viacom 18's compulsory convertible preference share.
01:22 Reliance Industries has said that this is not a related party transaction and Niyama's approval is necessary for this.
01:28 Reliance Industries and Disney's merger was announced on February 28 last month.
01:33 This deal can be made only after that.
01:35 Paramount Global has also announced that even after the completion of this deal,
01:38 the license of Viacom 18's content will continue to work.
01:44 Because Paramount already streams its content through Reliance Industries' Jio Cinema.
01:50 Reliance Industries and Walt Disney Company announced last month
01:54 that they are going to merge India's TV and streaming media assets.
01:59 This will lead to the creation of a new giant company worth Rs. 70,000 crores in the entertainment business.
02:07 This work will be completed in the first quarter of the calendar year 2024 or year 2025.
02:15 Under this deal, the India unit of Viacom 18 and Walt Disney will join Star India
02:20 to become India's largest TV and digital streaming platform.
02:24 Reliance Industries and its group companies will have a controlling stake in the new entity,
02:29 which will invest $1.4 billion.
02:32 The valuation of the new entity after the merger will be Rs. 70,352 crores i.e. $8.5 billion.
02:38 After the completion of the deal, the two largest streaming platforms of the country,
02:43 Disney+ Hotstar and Jio Cinema, will have the same ownership.
02:47 Well, if we talk about this new deal,
02:50 there are 40 television channels of Viacom 18.
02:53 According to this agreement between Reliance Industries and Paramount Global,
02:57 Paramount Global's entire shareholding is going to buy Reliance Industries.
03:02 In the term of dollars, this value is Rs. 51.7 crores.
03:05 The issue of buying 13.01% shares is coming forward.
03:09 What is to happen next? When will this deal happen?
03:11 We will keep updating you through Goodreturns.
03:14 That's all for this video.
03:15 How did you find the information?
03:16 Do tell us by commenting.
03:17 If you are watching on Facebook, then like the Facebook page.
03:19 If you are watching on YouTube, then do not forget to subscribe to the Goodreturns YouTube channel.

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