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Disney, Ambani's JioHotstar Add 230 Million Subscribers In 3 Months, Nears Netflix's Global Total: Driven By Cricket's Popularity In India
Monday, May 26, 2025 - 4:36am | 660JioHotstar, the newly merged streaming platform from Walt Disney Co. (NYSE:DIS) and Mukesh Ambani's Reliance, has added 230 million subscribers in just three months, bringing its total to 280 million, nearly matching Netflix Inc.'s (NASDAQ:NFLX) 300 million global users. What Happened: The platform...
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Mukesh Ambani's JioCinema Shakes Up Streaming, Takes Disney Head On: Report
Monday, July 3, 2023 - 2:22am | 432In a strategic move, India’s wealthiest individual, Mukesh Ambani, has swiftly transformed his streaming platform, JioCinema, from a minor provider to a significant competitor to Walt Disney Co. (NYSE:DIS), “Financial Times” reports. Competitive Strategy JioCinema attracted over...
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Tiger Global Wants A Piece Of This Sports Team In India's Cash-Rich Premier Cricket League
Monday, May 22, 2023 - 8:41am | 810This article was first published on the Benzinga India Portal. Tiger Global, a technology-focused investment firm with a glowing track record in India so far is reportedly negotiating a deal to acquire a stake in the Indian Premier League’s Rajasthan Royals franchise, according...
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How Many Subscribers Disney Could Lose Due To Setback In India
Wednesday, June 15, 2022 - 7:01am | 389In the e-auction for the multi-year rights to the Indian Premier League cricket tournament, a joint venture between Paramount Global (NASDAQ: PARA) and Mukesh Ambani's Reliance Industries won the streaming rights, outbidding incumbent holder Walt Disney Company (NYSE: DIS). The loss of...
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Disney To Fight It Out With Asia's Richest Man For IPL Rights As Amazon Said To Bow Out
Friday, June 10, 2022 - 5:50am | 551Amazon, Inc. (NASDAQ: AMZN) is reportedly planning to drop off the race for rights to stream the Indian Premier League (IPL) cricket matches. Amazon Backing Out? The ecommerce retailer's Prime Video streaming platform which has already invested about $6 billion in India, is unwilling to...