Uday Shankar & James Murdoch to acquire 40% stake in Viacom18: Reports
Shankar will play a key role in the operations of the company, media reports say
Former Star and Disney India Chairman Uday Shankar and James Murdoch plan to acquire nearly 40% stake in Viacom18, media reports say.
Shankar and Murdoch are reportedly investing Rs 12,000 crore in Viacom18, the reports said. Most of the investment is to be through primary infusion of funds.
Shankar will play a key role in the operations of the company, the reports said.
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