Reliance Jio acquires Saavn, plans to build âIndiaâs largest platform for music, media, artistsâ
Reliance Jio acquires Saavn, plans to build âIndiaâs largest platform for music, media, artistsâ
Reliance Industries Limited With Saavn Is Planning To Build âIndiaâs Largest Platform For Music, Media, And Artistsâ.
News Nation Bureau | Edited By : Subhayan Chakraborty | Updated on: 24 Mar 2018, 02:02:51 PM
New Delhi:
Mukesh Ambani’s Reliance Industries on Friday signed an agreement for the merging of JioMusic with Saavn to create a digital platform with over $1 billion of reach.
Reliance Industries Limited will invest up to $100 million, of which $20 million will be upfront payment. Reliance wants to expand the platform into the ‘largest streaming service in the world’.
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