JioStar, a privately-owned Indian media and entertainment company founded in 2015, resulted from a merger between Reliance's Viacom18 and Disney's Star India. Employing approximately 740 people, it operates primarily through broadcast television and radio, and a unified streaming service, JioHotstar (formerly known as JioCinema and Disney+ Hotstar). JioStar serves as the core media platform for Reliance's Media & Entertainment division, delivering content including entertainment and sports programming across brands such as Colors, Star Plus, Star Gold, and Star Sports. The combined television and streaming reach exceeds 750 million weekly viewers. In 2024, the company's revenue was under $500 million. Its parent companies include JioCinema, Viacom18, and Disney+ (Disney Streaming).
On September 18, Azad Engineering inaugurated a lean manufacturing facility in Hyderabad, India, to fulfill capacity commitments to Siemens Energy. A separate report discussed the financial impact of multiple monthly subscription services, including those offered by Disney+ Hotstar. Another report explained the nature of digital services taxes (DSTs), noting their global spread and application to large tech companies, including those offering streaming services. JioHotstar, a streaming platform resulting from a merger, was reported to be the world's second-largest streaming platform and is shaping India's media and entertainment ecosystem. A final report mentioned Reliance Industries' focus on artificial intelligence across its businesses, including its media sector.
JioStar offers 3 products in the media and telecoms services industry. JioStar's product portfolio comprises of broadcast television and radio and media and TV services.
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JioStar's revenues were less than $500M in 2024. Caretta Research has split JioStar's revenue into 2 different product categories, the largest of which is video streaming. For full access to JioStar's revenue breakdown subscribe to Caretta Portal.
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JioStar currently holds 66 broadcasting rights for sports competitions including baseball, golf, american football, cricket, table tennis, australian rules football, badminton, motorsports, tennis, soccer | association football, field hockey, kabaddi, esports, combat sports, multi-sport and polo.
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