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14.04.2023 / 07:07

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Comcast Invests In James Murdoch’s Bodhi Tree Systems As Viacom18 Merger Completes

NBCU and Sky owner Comcast has invested in James Murdoch’s Bodhi Tree Systems, which in turn is becoming a key player in a new-look Viacom18.

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Comcast Invests $200 Million in James Murdoch Venture for Foothold in Indian Media

Patrick Frater Asia Bureau Chief Comcast, the conglomerate behind NBCUniversal and the Sky European TV giant, is to invest $200 million in Bodhi Tree Systems, a company headed by James Murdoch and Uday Shankar, a former head of Disney in India. The move was approved by the Competition Commission of India on Wednesday. The funds will be directed to buying a small minority stake in Indian media group Viacom18. The move is part of a complicated series of transactions that bind Viacom18 ever closer to Reliance Industries, the petroleum to telecoms conglomerate controlled by Mukesh Ambani which is now upending Indian media with its Jio cellular, broadband internet and streaming companies.

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India Media Landscape Redrawn as Viacom18, Disney Carve up $6.2 Billion IPL Cricket Rights

Viacom18, a TV and streaming group backed by billionaire industrialist Mukesh Ambani, has paid $3 billion to win an online auction for two packages of digital rights to Indian Premier League (IPL) cricket. It now has the leverage to change the Indian broadcasting landscape and to the tip the balance even further in favor of streaming.Variety understands that Viacom18 has agreed to pay $2.63 billion for a five year package of regional digital rights.

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Paramount+ Sets U.K., Korea, Europe, India Launch Dates

Naman Ramachandran Paramount Global’s streamer Paramount+ will launch in the U.K. and Ireland on June 22, with other international territories to follow.

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James Murdoch’s Bodhi Tree, Reliance and Viacom18 Strike $2 Billion Deal to Create Giant TV and Streaming Company

Naman Ramachandran India’s Reliance and Viacom18 have entered a strategic partnership with Bodhi Tree Systems, a platform of James Murdoch’s Lupa Systems and former Disney president Uday Shankar, to form a giant TV and digital streaming company in India.Bodhi Tree is fundraising with a consortium of investors to invest $1.78 billion in Viacom18, to “jointly build India’s leading entertainment platform and pioneer the Indian media landscape’s transformation to a ‘streaming-first’ approach,” the companies said in a statement. Viacom 18 is a joint venture of Network 18, the media group controlled by billionaire Mukesh Ambani, and U.S.

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James Murdoch And Former Star India Chief Uday Shankar Form New Investment Venture Bodhi Tree, With Up To $1.5B In Backing From Qatar

James Murdoch and Uday Shankar, formerly CEO of Star India and president of Walt Disney Asia Pacific, have formed Bodhi Tree, a new outfit backed by the Qatar Investment Authority.

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James Murdoch Teams With Ex-Disney Asia Pacific Chief Uday Shankar To Launch Indian Media & Tech Venture

Six months after quitting the News Corp. board, James Murdoch is embarking on a new media and tech venture in India alongside Uday Shankar, the former president of The Walt Disney Company Asia Pacific and chairman, Star & Disney India.

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All news where Uday Shankar is mentioned

Facts About Uday Shankar

Who is Uday Shankar?

Why is Uday Shankar in the spotlight?

Where can I find the latest news about Uday Shankar?

Is there a full biography of Uday Shankar available?

What are the most talked-about moments involving Uday Shankar?