James Murdoch and former Star & Disney India head Uday Shankar-backed Bodhi Tree<\/a> Systems is set to raise and invest Rs 13,500 crore in Viacom18<\/a>, a 51:49 joint venture between Reliance Industries-owned TV18 and Paramount Global (formerly known as ViacomCBS).

Reliance Projects & Property Management Services Limited, a wholly owned subsidiary of
Reliance Industries<\/a> (RIL), will also invest Rs 1,645 crore in Viacom18.

Additionally, RIL will transfer its JioCinema OTT app to Viacom18, the companies said in a statement on Wednesday.

ET first reported on January 27th that RIL was in talks with Murdoch and Shankar, to raise over Rs 12,000 crore for Viacom18.

Bodhi
Tree Systems<\/a> will lead a fund raise with a consortium of investors, which will help Viacom18 to bid aggressively for the upcoming media rights of the Indian Premier League (IPL), insiders said.

While the companies did not disclose the shareholding pattern post the completion of the deal, ET has learned that RIL will hold majority stake, while Bodhi Tree will have close to 40% stake in the company. Paramount Global’s stake will reduce to close to 10%.

The statement confirmed that Paramount will continue as a shareholder of Viacom18 and will continue to supply Viacom18 its premium global content.

Bodhi Tree, a newly formed platform between Murdoch’s Lupa Systems and Shankar, the former president of The
Walt Disney Company Asia Pacific<\/a> and former chairman of Star and Disney India, will leverage the partners’ track record of building iconic businesses and shaping the media landscape in India and globally.

ET earlier reported that Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, is an investor in Bodhi Tree Systems.

“James and Uday’s track record is unmatched,” said Mukesh D Ambani, CMD, RIL. “For over two decades, they have played an undeniable role in shaping the media ecosystem in India, Asia, and around the world. We are very excited to partner with Bodhi Tree and lead India’s transition to a streaming-first media market. We are committed to bringing the best media and entertainment services for Indian customers through this partnership.”

Murdoch and Shankar said in the statement that they could not be more pleased to announce the new partnership. “Our ambition is to leverage technology advances, particularly in mobile, to provide meaningful solutions to meet everyday media and entertainment needs at scale. We seek to reshape the entertainment experience across more than 1 billion screens.”

Viacom18 owns 38 TV channels across nine languages and a pan India presence.

The transaction is expected to close within six months and is subject to closing conditions and requisite approvals.

PWC<\/a> and BDO provided independent valuation of the JioCinema business and Viacom18, while EY provided diligence services to Bodhi Tree.
<\/p><\/body>","next_sibling":[{"msid":91138835,"title":"Samsung Electronics sees component shortages persisting in H2, solid server chip demand","entity_type":"ARTICLE","link":"\/news\/samsung-electronics-sees-component-shortages-persisting-in-h2-solid-server-chip-demand\/91138835","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"91132213","title":"ET first reported on January 27th that RIL was in talks with Murdoch and Shankar, to raise over Rs 12,000 crore for Viacom18.","entity_type":"IMAGES","seopath":"industry\/media\/entertainment\/james-murdoch-uday-shankars-bodhi-tree-to-invest-rs-13500-crore-in-viacom18\/et-first-reported-on-january-27th-that-ril-was-in-talks-with-murdoch-and-shankar-to-raise-over-rs-12000-crore-for-viacom18-","category_name":"James Murdoch, Uday Shankar\u2019s Bodhi Tree to invest Rs 13,500 crore in Viacom18","synopsis":"ET first reported on January 27th that RIL was in talks with Murdoch and Shankar, to raise over Rs 12,000 crore for Viacom18.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-1418992\/91132213.cms?width=150&height=112","link":"\/image\/industry\/media\/entertainment\/james-murdoch-uday-shankars-bodhi-tree-to-invest-rs-13500-crore-in-viacom18\/et-first-reported-on-january-27th-that-ril-was-in-talks-with-murdoch-and-shankar-to-raise-over-rs-12000-crore-for-viacom18-\/91132213"}],"msid":91138869,"entity_type":"ARTICLE","title":"James Murdoch, Uday Shankar\u2019s Bodhi Tree to invest Rs 13,500 crore in Viacom18","synopsis":"Additionally, RIL will transfer its JioCinema OTT app to Viacom18, the companies said in a statement on Wednesday.","titleseo":"telecomnews\/james-murdoch-uday-shankars-bodhi-tree-to-invest-rs-13500-crore-in-viacom18","status":"ACTIVE","authors":[{"author_name":"Gaurav Laghate","author_link":"\/author\/479243984\/gaurav-laghate","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479243984.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479243984,"author_name":"Gaurav Laghate","author_seo_name":"gaurav-laghate","designation":"Assistant Editor","agency":false}}],"analytics":{"comments":0,"views":108,"shares":0,"engagementtimems":540000},"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2022-04-28 08:12:51","lastupd":"2022-04-28 08:13:18","breadcrumbTags":["viacom18","bodhi tree","walt disney company asia pacific","tree systems","pwc","reliance industries","Industry"],"secinfo":{"seolocation":"telecomnews\/james-murdoch-uday-shankars-bodhi-tree-to-invest-rs-13500-crore-in-viacom18"}}" data-authors="[" gaurav laghate"]" data-category-name="" data-category_id="" data-date="2022-04-28" data-index="article_1">

詹姆斯•默多克,Uday Shankar菩提树在Viacom18投资13500卢比

此外,瑞来斯将转移其JioCinema奥特Viacom18应用,公司周三在一份声明中说。

Gaurav Laghate
  • 更新于2022年4月28日08:13点坚持
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詹姆斯•默多克和前明星&迪斯尼Uday Shankar-backed印度头菩提树系统设置为筹集和投资13500卢比Viacom18,51:49合资企业依赖Industries-owned TV18全球(原名ViacomCBS)和派拉蒙。

依赖项目和物业管理服务有限公司的全资子公司信实工业公司(瑞来斯),也将在Viacom18投资1645卢比。

此外,瑞来斯将转移其JioCinema奥特Viacom18应用,公司周三在一份声明中说。

等人首次报道1月27日,瑞来斯与默多克和Shankar Viacom18筹集超过12000卢比。

广告
菩提树系统将与投资者组成的财团基金筹集,这将帮助Viacom18大举收购为即将到来的媒体权利的印度板球超级联赛(IPL),内部人士说。

而公司未披露股权交易的模式完成后,等知道瑞来斯将持有多数股权,而菩提树将有接近40%的股份公司。全球霸主的持股比例将降低至接近10%。

声明证实,派拉蒙将继续作为股东Viacom18并将继续供应Viacom18溢价全球内容。

菩提树,默多克的领袖之间的一个新成立的平台系统和Shankar的前总统华特迪士尼公司亚太地区和前主席明星和迪斯尼,印度将利用建设标志性的伙伴的记录企业和塑造印度和全球的媒体格局。

等报道,卡塔尔投资局(QIA)早些时候,卡塔尔的主权财富基金的国家,是一个投资者在菩提树系统。

“詹姆斯和Uday的记录是无与伦比的,”D穆克什·安巴尼说,CMD,瑞来斯。“过去的二十年里,他们已经发挥了不可否认的作用在塑造媒体生态系统在印度,亚洲,和世界各地。我们非常兴奋与菩提树合作和领导印度的过渡到一个先媒体市场。我们致力于将最好的媒体和娱乐服务为印度客户通过这个伙伴关系”。

广告
默多克和Shankar在声明中说,他们不能更高兴地宣布新的伙伴关系。“我们的雄心是利用技术的进步,特别是在移动,提供有意义的解决方案,以满足日常大规模媒体和娱乐需求。我们寻求重塑娱乐体验10亿多个屏幕。”

Viacom18拥有38个电视频道在语言和9个平底锅印度的存在。

该交易预计将在6个月内完成和结束条件和必要的批准。

普华永道和BDO JioCinema业务和Viacom18独立估值,而迪士尼提供尽职调查服务菩提树。

  • 发布于2022年4月28日08:12点坚持
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James Murdoch and former Star & Disney India head Uday Shankar-backed Bodhi Tree<\/a> Systems is set to raise and invest Rs 13,500 crore in Viacom18<\/a>, a 51:49 joint venture between Reliance Industries-owned TV18 and Paramount Global (formerly known as ViacomCBS).

Reliance Projects & Property Management Services Limited, a wholly owned subsidiary of
Reliance Industries<\/a> (RIL), will also invest Rs 1,645 crore in Viacom18.

Additionally, RIL will transfer its JioCinema OTT app to Viacom18, the companies said in a statement on Wednesday.

ET first reported on January 27th that RIL was in talks with Murdoch and Shankar, to raise over Rs 12,000 crore for Viacom18.

Bodhi
Tree Systems<\/a> will lead a fund raise with a consortium of investors, which will help Viacom18 to bid aggressively for the upcoming media rights of the Indian Premier League (IPL), insiders said.

While the companies did not disclose the shareholding pattern post the completion of the deal, ET has learned that RIL will hold majority stake, while Bodhi Tree will have close to 40% stake in the company. Paramount Global’s stake will reduce to close to 10%.

The statement confirmed that Paramount will continue as a shareholder of Viacom18 and will continue to supply Viacom18 its premium global content.

Bodhi Tree, a newly formed platform between Murdoch’s Lupa Systems and Shankar, the former president of The
Walt Disney Company Asia Pacific<\/a> and former chairman of Star and Disney India, will leverage the partners’ track record of building iconic businesses and shaping the media landscape in India and globally.

ET earlier reported that Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, is an investor in Bodhi Tree Systems.

“James and Uday’s track record is unmatched,” said Mukesh D Ambani, CMD, RIL. “For over two decades, they have played an undeniable role in shaping the media ecosystem in India, Asia, and around the world. We are very excited to partner with Bodhi Tree and lead India’s transition to a streaming-first media market. We are committed to bringing the best media and entertainment services for Indian customers through this partnership.”

Murdoch and Shankar said in the statement that they could not be more pleased to announce the new partnership. “Our ambition is to leverage technology advances, particularly in mobile, to provide meaningful solutions to meet everyday media and entertainment needs at scale. We seek to reshape the entertainment experience across more than 1 billion screens.”

Viacom18 owns 38 TV channels across nine languages and a pan India presence.

The transaction is expected to close within six months and is subject to closing conditions and requisite approvals.

PWC<\/a> and BDO provided independent valuation of the JioCinema business and Viacom18, while EY provided diligence services to Bodhi Tree.
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