JioStar, also known as JioHotstar, Hotstar, Disney+ Hotstar, and Star India, is a privately owned company headquartered in India. Founded in 2015 and employing approximately 740 individuals, the company reported $2.5 billion in revenue as of 2024. It is a joint venture of Reliance Industries Limited and Disney Direct-to-Consumer, with subsidiaries including JioCinema, and functions as a tier 1 media tech buyer. Legally incorporated as JioStar India Private Limited, the company operates as a mass media, television, and digital streaming entertainment conglomerate in India. Formed via a corporate merger between Reliance Industries, Viacom18, and The Walt Disney Company India, the joint venture operates under the leadership of Nita Ambani (Chairperson), Uday Shankar (Vice-Chairman), and Kevin Vaz (CEO of Entertainment). The entity is held via a consortium where Reliance Industries and Viacom18 maintain a 63.16% controlling interest as the operating partners, while Disney retains a 36.84% equity stake. It commands a national broadcasting footprint of over 100 linear television channels and a mediatech infrastructure, reaching more than 500 million monthly active users with 100% geographic pin-code coverage across the Indian subcontinent and managing over 260 million paid subscription accounts. The company functions in linear advertising and interactive content commerce.

2024 Revenue

Founded

2015

Headcount

736

Headquarters

India

Primary Segment

Broadcast television and radio

Ownership

Privately Owned

News Summary:

JioHotstar is projected to pay 50% of regional sports rights fees in Asia this year, an estimated $5.7 billion, marking an increase from 36% in 2021, according to Media Partners Asia. This figure underscores the growing influence of digital services in the $6 billion Asian sports broadcasting arena. On October 9, the company announced its entry into the Middle East and North Africa (MENA) region through a partnership with STARZPLAY. This regional expansion follows JioHotstar's strong performance in viewership, as it led listed platforms in unique viewers for Week 39, 2026, with 152.81 million, significantly surpassing Amazon Prime Video's 42.52 million and Netflix's 38.78 million, according to Chrome OTT (COTT) data. The move into MENA also builds on a global expansion plan announced last month, which targeted South Asian migrants in the UK, Canada, and Singapore. JioHotstar currently serves over 500 million active users.

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JioStar offers 20 products in the media and telecoms services industry. JioStar's product portfolio comprises of media and TV services and broadcast television and radio.
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JioStar's revenues were over $1B in 2024. Caretta Research has split JioStar's revenue into 5 different product categories, the largest of which is linear TV carriage or subscription (thematic). For full access to JioStar's revenue breakdown subscribe to Caretta Portal.
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JioStar has partners like Warner Bros. Discovery Direct-to-Consumer. Examples of JioStar's suppliers include Adobe, Accenture and Amazon Web Services (AWS).

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Example Partners

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JioStar currently holds 67 broadcasting rights for sports competitions including field hockey, baseball, american football, soccer | association football, australian rules football, badminton, polo, esports, tennis, cricket, kabaddi, golf, table tennis, winter sports, motorsports, combat sports and multi-sport.

Example Sports Rights Suppliers

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