BUSINESS

On April 25, Mukesh Ambani’s Reliance will make a significant announcement to introduce a new free

Mukesh Ambani, whose enormous net worth of Rs 971002 crore makes him the wealthiest person in India,. In addition to being the chairman of Reliance Industries, the most valuable business in India with a market valuation of Rs 1995000 crore, he is the owner of Reliance Jio, the largest telecom provider in the country. By spending Rs 23,758 crore, Mukesh Ambani’s JioCinema was able to win the rights to watch IPL games online for a period of five years.

 

This amounts to an annual total of Rs 4,750 crore. IPL 2024 is now available for free viewing on JioCinema, and part of the platform’s content is accessible without a membership. Even though IPL 2024 streaming is free, there are often a ton of advertisements in front of the screen. Mukesh Ambani’s company intends to launch a new ad-free package on April 25 as users become used to viewing OTT video without advertisements. During the IPL 2024 matches, JioCinema has already begun to tease the new subscription package.

Although things change constantly, your strategy doesn’t have to. A fresh scheme. upcoming on April 25. The official JioCinema account on X was teased. Through a variety of creatives, the business is also hinting to a new ad-free membership package. At the moment, JioCinema charges Rs 999 for an annual membership plan, and consumers may alternatively buy a Rs 99 monthly plan.

A sizeable portion of the Rs 4,000 crore in IPL advertising income is used to fund the free IPL streaming. With cheaper ad prices offered by Amabni’s JioCinema, more advertisers will be present for a longer period of time. In addition to advertising, Mukesh Ambani receives payment for data use. Jio, owned by Mukesh Ambani, is the biggest telecom provider in the nation. Ambani’s Jio makes more money when more people watch the IPL online. Ahead of the 2024 Indian Premier League, Reliance Jio even unveiled customized tariffs designed to make it simpler for customers to enjoy hassle-free viewing.

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