At the Reliance AGM, Mukesh Ambani showcased JioCinema’s amazing development and presented a spots cooperation with Disney, guaranteeing to improve the future of electronic streaming
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At the 47th Annual General Meeting (Post- IPO) of Reliance Industries Limited on Thursday, Chairman and Managing Director Mukesh Ambani highlighted the business’s substantial strides in electronic sporting activities and enjoyment via JioCinema.
“JioCinema is revolutionising digital sports and entertainment. In a short time, it has reached major milestones. The second season of IPL on JioCinema was a huge success. It reached 62 crore Indians. That is a 38 per cent increase over the previous season. Total viewership grew by 50 per cent. This made it the most-watched livestream event in the world. This success continued during the Olympics. JioCinema’s new subscription pack is a game-changer. It offers OTT originals, reality shows, blockbuster movies and top content from HBO, Paramount, and NBCU. In just 100 days, JioCinema crossed 15 million paying subscribers. This is the fastest growth in this category,” Ambani claimed.
The RIL head additionally stressed the business’s most recent endeavor with Disney noting a vital growth in India’s enjoyment market.
“Let us now talk about our partnership with Disney. This marks the beginning of a new era in India’s entertainment industry. We are combining content creation with digital streaming. Our digital-first approach will deliver unparalleled content at affordable prices. We will cater to every consumer’s tastes. We will provide world-class digital entertainment across the spectrum. We are excited about this partnership. I warmly welcome Disney to the Reliance family,” Ambani claimed.
At the conference, Reliance Industries’ continuous dedication to changing the electronic enjoyment landscape and broadening its reach via tactical partnerships was highlighted.