
Reliance Industries Limited (RIL) recently unveiled the merged entity between JioCinema and Disney+ Hotstar. This new entity is called JioHotstar. In a short period, the company has built one of the largest media businesses in the world. JioHotstar now has around 280 million paid subscribers. This figure is astonishing. It is close to the figures of Netflix, which is a global platform. JioHotstar on the other hand isn’t present in as many locations as Netflix. This means that the potential of growth for JioHotstar is quite high.
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