00:00Mukesh Ambani's Reliance Industries recently purchased Disney Hotstar.
00:08Now, the information has come out that after the regulatory approval,
00:11Disney Hotstar will be merged with Jio Cinema.
00:14Because Reliance Industries is not in favor of running two OTT platforms.
00:18What are its details, let's know in the video.
00:20So, in some reports, it has been given that the merger plan of Disney Hotstar and Jio Cinema is almost ready.
00:27According to Google Play Store data, Disney Hotstar has about 50 crore downloads,
00:32while Jio Cinema has only 10 crore.
00:34Disney Hotstar's ownership is with Walt Disney's owner Star India,
00:39while Jio Cinema's control is with RIL's owner Viacom 18.
00:44This year in February, Reliance and Walt Disney merged Star and Viacom 18
00:49and announced to make a huge company.
00:52The new group will have more than 100 channels and 2 streaming platforms.
00:57In addition, the company is also going to close some Hindi and regional channels.
01:00This will also save them from the operation of the Indian Constitutional Commission.
01:05They are currently waiting for the approval of the CCI and National Company Law Tribunal NCLT.
01:10According to RIL's annual report, Jio Cinema has 22.5 crore customers on a monthly basis,
01:18while Disney Hotstar has 33.3 crore users.
01:22Prior to this, Viacom 18 had merged its VOOT platform in Jio Cinema.
01:27Now it is being said that having only one platform will save the company a lot.
01:32In this way, YouTube will also get a tough competition in the matter of advertising.
01:35In addition, Jio Cinema will also be able to compete with Netflix and Amazon Prime Video.
01:40So now the plan that is coming forward is that Disney Hotstar and Jio Cinema will be merged
01:46so that Netflix and Amazon Prime Video can compete.
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