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JioCinema is an Indian subscription video-on-demand over-the-top streaming service owned by JioStar, a joint venture between Reliance Industries, Viacom18 and Disney India. the service was launched on 4 May 2016.
While services of US origin such as Amazon Prime Video and Netflix saw some growth in the Indian market, Hotstar remained the dominant streaming service. [8] By July 2017, Hotstar's apps had reached 300 million downloads, and it was reported as being the top video streaming app in the country.
The merger will create India's biggest entertainment player, with 120 TV channels and two streaming services, and will compete with Sony, Netflix and Amazon. (Reporting by Kashish Tandon in ...
India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal ...
Disney acquired Indian streaming service Hotstar and Star TV channels, a household name in India, when it paid $71 billion for some 21st Century Fox global assets in 2019.
On 4 January 2019, Star TV shut down its television operations in USA for the promotion of its digital counterpart, Hotstar. [35] On 20 March 2019, Star India became a subsidiary of Disney India after the US$71.3 billion deal in the acquisition of former parent company 21st Century Fox was closed. Now, Disney India owns television channels of ...
Reuters reported last month that Disney Hotstar's CEO Sajith Sivanandan resigned from the role as business integration gathered pace for the merger. The entertainment division will be led by Kevin ...
Hotstar (now Disney+ Hotstar) is the most subscribed–to OTT platform in India, owned by Star India as of July 2020, with around 300 million active users and over 350 million downloads. [4] According to Hotstar's India Watch Report 2018, 96% of watch time on Hotstar comes from videos longer than 20 minutes, while one–third of Hotstar ...