India’s Reliance Industries has announced a deal to acquire Paramount Global’s 13.01 per cent stake in indian entertainment network Viacom 18 Media for IDR 42.86 billion (€472.4bn), according to Paramount’s regulatory filing. Viacom18 is majority-owned by Reliance and has 40 television channels, including Comedy Central, Nickelodeon and MTV. Paramount said it will continue to license […]

Research firm Parks Associates’ OTT Video Market Tracker service recently reported service-stacking is at an all-time high in the US. Parks Associates’ quarterly survey of 10,000 US Internet households finds 50 per cent reported subscribing to four or more OTT services in 1Q 2022, with nearly a quarter having nine or more services. “Service-stacking in […]