Big move expected for Jio Cinema, as it may get shut soon

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Big move expected for Jio Cinema, as it may get shut soon
Big move expected for Jio Cinema, as it may get shut soon

New Delhi : A major change can occur with Jio Cinema in coming days as it is likely that Mukesh Ambani’s OTT platform could be shut due to operational reasons.

Jio Cinema had seen a tremendous surge in their subscriptions during the IPL season. Many of the youngsters had subscribed the OTT platform for movies and free streaming of cricket matches. However, the coming days could look different for the cricket lovers.

A Major Deal

According to reports circulating in the media industry, the Reliance Industries and Disney are almost on the verge of finalising a deal. Once it is done, Mukesh Ambani will take control of Disney Star Network and its businesses.

It has been learned from the sources that if this deal comes true then Jio Cinema might get merged with Disney+ Hotstar.

This is not the first time when Reliance will be merging with another OTT platform. Earlier, it had done similarly with Viacom18’s voot, which was merged with Jio cinema at that time.

The merger between JioCinema and Disney+ Hotstar is largely driven by the impressive performance of Disney+ Hotstar, including over 50 million installations from the Google Play Store. In comparison, JioCinema has surpassed 100 million downloads, marking a significant milestone. Additionally, Disney+ Hotstar's 35.5 million paying subscribers further enhances its standing in the highly competitive OTT market.