James Murdoch’s fund slashes investment in Reliance-backed Viacom18

TechCrunch
By Manish SinghApr 14, 2023, 4:16 am322 pts
James Murdoch’s venture fund Bodhi Tree slashed its planned investment into Viacom18 to $528 million, down 70% from the committed $1.78 billion, the two said late Thursday as the global weakening economy hammers investors’ appetite. Viacom18, a joint venture between Mukesh Ambani’s Reliance and Paramount…

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