Get the latest gossip
India’s Viacom18 Revenues Soar to $1.3 Billion Led by Sports and Digital Businesses
Revenues at Viacom18, the media arm of Indian billionaire Mukesh Ambani's Reliance Industries Limited, saw an uptick for the 2023-24 financial year.
Revenues at Viacom18, the media arm of Indian billionaire Mukesh Ambani ‘s conglomerate Reliance Industries Limited(RIL), witnessed an uptick for the 2023-24 financial year. Annual financial results posted on Monday revealed that the company’s gross revenue was $1.3 billion, up from $871.3 million the previous year. “Consolidated EBITDA of the group was impacted by continued investments in sports and digital verticals of Viacom18, the leading drivers of revenue growth for the foreseeable future,” the company said.
Or read this on Variety