New Delhi: Reliance Industries (RIL) made significant announcements during its 47th Annual General Meeting (AGM), highlighting the growth of its media and technology businesses.
Media Business Flourishes:
- JioCinema’s Success: The streaming platform has surpassed 15 million paid subscribers in just 100 days after implementing new pricing plans.
- IPL Viewership Records: The Indian Premier League (IPL) 2024, exclusively streamed on JioCinema, reached a staggering 62 crore Indians, making it the world’s most-watched livestream event.
- Digital Properties’ Growth: Moneycontrol and Firstpost, RIL’s digital platforms, have witnessed substantial growth in their subscriber bases.
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AI Breakthrough with JioBrain:
- AI Platform Launch: RIL introduced JioBrain, a comprehensive suite of tools and platforms designed to simplify AI adoption.
- AI-Powered Products: The company also unveiled AI-driven products like JioTV OS, Hello Jio, JioHome app, and JioPhone Call AI, enhancing user experiences and convenience.
Reliance’s Media Dominance:
The AGM showcased RIL’s growing influence in the Indian media landscape. With JioCinema’s success and the strong performance of its digital properties, the company is well-positioned to capitalize on the country’s expanding media market.