RIL announced that it would infuse Rs 11,500 crore into the proposed joint venture (JV) with Walt Disney. In April 2023, it had invested Rs 10,839 crore as part of a Rs 15,145 crore fund injection in Viacom18 with Bodhi Tree Systems investing Rs 4306 crore. Sports and digital content have received major investments, and both will continue to be a core priority as the joint venture takes shape. The merger is expected to conclude in Q4 of 2024 or Q1 of 2025. Read The Rest at :
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