Viacom18

In June 2020, Sony's Indian unit Sony Pictures Networks India was in talks with Viacom18 about a merger, with the talks getting advanced much later. If the merger was successful, Sony would be 74% shareholder in the merged company.[10] However, in October 2020, Reliance Industries,[11] the majority share holder in Viacom18, called off the merger.[12][13]

In June 2021,[14] reports stated Viacom18 and Zee Entertainment Enterprises were reportedly in talks about a merger.[15] However, Zee denied any talks about a potential merger with Viacom18,[16] later entering talks with Sony Pictures Networks India, which was also in talks about a merger with Viacom18 earlier.[17]

In January 2022, there were reports that Lupa India, an investment company set up by Uday Shankar and James Murdoch, were in the final stages of picking up a 39% stake in Viacom18.[18] thereby turning Paramount Global into a minority share holder with a 10% share in the company.[19] Instead, Viacom18 and Reliance Industries ultimately partnered with Bodhi Tree Systems, a company owned by Lupa Systems, to form a giant streaming and TV company. Bodhi Tree plans to invest US$1.8 billion in Viacom18, with Reliance investing US$216 million and Paramount Global continuing to be a shareholder in Viacom18; JioCinema will be transferred to Viacom18. The deal was approved by CCI in September 2022.[20][21] The Merger was completed on 17 April 2023 with Bodhi Tree acquiring 13.08% stake in the venture, diluting Paramount Global's stake to 13.01%.[22]

Following are the distribution channels available from TV18:[23]