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Paramount Global Sells 13% Stake in India’s Viacom18 to Reliance for $517 Million

Todd Spangler NY Digital Editor Paramount Global has sold its 13% ownership stake in TV and streaming company Viacom18 to Reliance Industries for $517 million. Reliance was already the majority owner of Viacom18. The pact comes two weeks after Disney and Reliance Industries announced a blockbuster $8.5 billion deal merging their massive Indian TV and streaming businesses.
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Rupert Murdoch’s son Lachlan “accused brother James of leaking lines to ‘Succession’ writers”
Succession writers”, a new report has claimed.Since the multi-award-winning HBO show debuted in 2018, many parallels have been drawn between the fictional media family the Roys and the real-life Murdochs.Despite this, no explicit confirmation of any direct inspiration has been given by the show’s creators.In a new feature on the Murdochs for Vanity Fair, a source is cited claiming that Lachlan accused his brother James Murdoch of leaking stories about the family to the writers of the show, with Lachlan then telling his father Rupert.The feature adds that a separate source close to Lachlan denies that any stories were sold.Season four of Succession is currently airing on HBO, and fans have reacted to the “magnificent” twist in its latest episode.Spoilers for Succession season four below.In the episode titled Connor’s Wedding, Logan Roy (Brian Cox) departs on a flight to Sweden with some of his closest advisors to negotiate a new deal with Lukas Matsson (Alexander Skarsgård), while Logan’s children Roman (Kieran Culkin), Shiv (Sarah Snook) and Kendall (Jeremy Strong) attend their brother’s wedding on a cruise ship in New York.While Connor (Alan Ruck) is hopeful his father will make time for a fly-by visit, Roman, Kendall and Shiv are soon informed by Tom Wambsgans (Matthew Macfadyen) over the phone that Logan has fallen ill during the flight and has become unresponsive.After some emotional final goodbyes over the phone, Logan is later pronounced dead when the private plane lands back on US soil.
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