CCI approves merger of Jio Cinema OTT with Viacom18 Media

September 22, 2022

CCI approves merger of Jio Cinema OTT with Viacom18 Media: CCI has approved the proposed merger of Jio Cinema OTT with Viacom18 Media. Under this, Jio Cinema OTT app of Reliance will be transferred to Viacom18.

September 2022 Current Affairs Quiz

In April 2022, RIL and Viacom18 have announced a strategic partnership with Bodhi Tree Systems (BTS). BTS will invest Rs 13,500 crore in Viacom18 while Reliance Projects & Property Management Services will invest Rs 1,645 crore in the broadcaster. BTS is an investment firm of Uday Shankar (ex-chairman of Star).