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Jiocinema

All articles tagged with #jiocinema

technology2 years ago

"JioCinema sets world record with free streaming of IPL 2023 final between CSK and GT"

JioCinema, the Indian streaming app backed by Mukesh Ambani's Reliance, broke the world record for the most concurrent views to a live streamed event, attracting over 32 million viewers to the final game of the Indian Premier League cricket tournament. The previous record was held by Disney's Hotstar, which drew 25.3 million simultaneous viewers for a cricket match in 2019. Viacom18, whose largest investor is Reliance, secured the digital rights for IPL for a five-year period until 2027 and is offering free streaming of the tournament to audiences across South Asia through JioCinema.

via TechCrunch|
#cricket#hotstar#jiocinema
entertainment2 years ago

JioCinema and NBCUniversal team up for streaming deal in India.

JioCinema, the affordable on-demand video streaming service in India, has signed a "multi-year" partnership with NBCUniversal to bring "thousands of hours" of NBCU movies and TV shows to India, including popular series like The Office and blockbuster franchises such as Jurassic and Bourne. The partnership ensures that "almost all content" is exclusive to JioCinema in India, making it a strong competitor to global giants like Netflix and Disney's Hotstar. JioCinema offers the most affordable streaming service among mainstream firms, and the NBC titles will be exclusively available to paying subscribers.

via TechCrunch|
#competition#entertainment#india
business2 years ago

Disney+ Struggles with Subscriber Losses and Content Removals.

Disney+ Hotstar, the Indian arm of Walt Disney Co, experienced an 8% decline in membership, losing 8.4 million subscribers over the last six months, with most of the decline coming from India. This coincided with the absence of HBO content and the Indian Premier League from the platform, which were won by Reliance Industries' subsidiary JioCinema. Reliance Industries, owned by India's richest man Mukesh Ambani, is amping up its game against global streaming giants and seeking to pit JioCinema against major international companies like Disney, Sony, and Netflix in the rapidly developing Indian market.

via Benzinga|
#business#disney#india
business2 years ago

JioCinema introduces premium subscription plan for exclusive content.

Mukesh Ambani's JioCinema has announced premium pricing of 999 Indian rupees ($12) a year for Hollywood content, its first step to move away from a free content model to fight global rivals such as Netflix and Disney in India. JioCinema has become popular for showing the IPL cricket tournament on the platform for free in the ongoing season. Viacom18 won the IPL digital streaming rights from 2023 to 2027 for around $2.9 billion, rights which Disney previously held.

via Reuters|
#business#disney#jiocinema
business2 years ago

Streaming Subscribers Shift: Disney's Loss is JioCinema's Gain.

Disney's streaming platform, Hotstar, lost 4.6 million subscribers in Q1 2022, marking the second consecutive quarter of decline and a total loss of 8.4 million subscribers since October 2021. Hotstar's average revenue per subscriber also fell from 74 cents to 59 cents in the same quarter. The decline is attributed to the loss of Indian Premier League (IPL) digital rights to Viacom18 and the termination of its licensing agreement with HBO. Industry analysts predict Hotstar's subscriber loss to escalate, potentially reaching an additional 7 million by year-end.

via TechCrunch|
#business#disney#hotstar
entertainment2 years ago

Warner Bros and Viacom18 partner for exclusive content in India with Reliance JV and JioCinema.

Warner Bros Discovery has signed a multi-year licensing deal with Viacom18's JioCinema service to become the new streaming home of HBO, Max Original and Warner Bros content in India starting next month. The partnership includes exclusive content rights across digital and linear, covering HBO series, Max Original series, and upcoming Warner Bros movies and library titles. The deal replaces the streaming partnership that Warner Bros Discovery previously had with Disney+ Hotstar for India.

via Deadline|
#entertainment#india#jiocinema