Reliance and Viacom18 have partnered with Bodhi Tree Systems— a platform run by James Murdoch’s Lupa Systems and Uday Shankar, to float an entity with stakes in TV and streaming, according to a press release by Reliance. Viacom18, a joint venture between Reliance’s Network18 and U.S. media conglomerate Viacom, runs 38 channels including Colors TV and OTT platform VOOT in India. As part of the deal, Bodhi Tree Systems, along with a consortium of investors, will invest Rs.13,500 crores (roughly $1.78 billion) in Viacom18 to help pivot Indian media to a “streaming-first” approach, the release added. Reliance added that it will be investing Rs. 1,645 crores ($216 million) through its subsidiary— Reliance Projects & Property Management Services Limited— in Viacom18. It will also be handing over its on-demand streaming service JioCinema OTT to Viacom18. https://twitter.com/CNBCTV18Live/status/1519525179684429824 ColorsTV is considered to be…
- How Google’s location tracking led to a $42 million penalty in Australia August 17, 2022
- MeitY’s Digital India Act due in Winter Session, says report: OTT, metaverse in ambit August 17, 2022
- Vauld comes under ED scanner after the agency freezes assets worth Rs 367 crore August 17, 2022
- TLDR: Social media and small businesses, Snapchat privacy, Meta’s user tracking, UN IGF, WhatsApp’s Windows beta, more August 17, 2022
- Deep Dive: What do lawyers think of the proposed changes to the Competition Act, 2002? August 16, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...