Mukesh Ambani is going to close JioCinema. Actually, Mukesh Ambani’s company Reliance Jio has bought Disney Hotstar. After this, JioCinema will be merged with Disney Plus Hotstar. After the merger of JioCinema with Disney Plus Hotstar, it can become India’s largest OTT platform, as both OTT apps have a large user base. After this merger, Jio can have a total of 100 channels.
Mukesh Ambani will not run two OTT apps
Reliance Jio does not want to run two separate OTP apps. Because different OTT apps require different recharge packs. Both the apps will have to be promoted separately. More money will have to be spent than this. Star India and Viacom 18 have merged. After this Disney Hotstar will remain a single streaming app. According to the report of Economic Times, Jio likes Disney Hotstar’s technology more. This is the reason why Jio wants to connect its popular OTT app JioCinema with Disney Plus Hotstar.
Who has how many users of JioCinema and Disney Plus Hotstar?
If we talk about userbase, Disney Hotstar has about 50 crore more users, while Jio Cinema has more than 10 crore users. With the merger of these two companies, Disney Plus Hotstar will become the largest entertainment company in the country. This deal has been done for about 8.5 billion dollars. The monthly average users of Jio Cinema are 22.5 crore. The number of monthly active users of Disney Hotstar is 33.3 crore.
Reliance Jio recharge plan can be cheap
JioCinema has 3.5 crore paid subscribers. In such a situation, when JioCinema merges with Disney Plus Hotstar, users will not have to subscribe separately. Users are going to benefit a lot from this. Also, users will have to recharge at one place. The same recharge plan can be offered by Jio at a lower price.