The recent grand announcement suggesting media mogul James Murdoch and Uday Shankar will acquire close to 40% stake in Viacom18 as part of their "coming together with Reliance Industries along with some other players", and plan to invest Rs 12,000 crore in entertainment and sports broadcasting business made ripples in the American markets last week.from Sports News: Latest Cricket News, Live Match Scores & Sports News Headlines, Results & more https://ift.tt/kEUr6dW9S
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