Last updated: August 28, 2023, 4:22 PM IST
Reliance Industries Chairman Mukesh Ambani speaks at the 46th Annual General Meeting of Reliance Industries Limited. (PTI)
The RIL chairman said at the 46th General Assembly that IPL was streamed for free on JioCinema for the first time and that it created a global record with a whopping 45 crore viewers tuning into the platform.
The Indian Premier League (IPL), which was streamed for free on JioCinema for the first time, set a global record with a whopping 45 crore viewers tuning into the platform, said Mukesh Ambani, chairman of Reliance Industries Limited, while addressing the 46th. Annual General Assembly in Mumbai on Monday.
Highlighting RIL’s progress in the media and entertainment sector, Ambani said the company “wrote a massive disruption last year, with JioCinema leading the way.”
“For the first time, IPL was streamed for free on JioCinema. It created a global record with a whopping 45 crore viewers tuning into the platform. More people watched IPL on digital devices than on linear television, marking a tectonic shift in how content is consumed in India,” he said.
Applauding the reach and diversity of JioCinema, the RIL Chairman said, “JioCinema has now become India’s largest digital entertainment destination for blockbuster films, OTT originals, the biggest reality shows and exclusive content from leading global studios such as HBO and NBCU. In short, JioCinema delivered industry-leading engagement metrics and recorded strong growth in paid subscribers.”
#RILAGM | “This is a new India full of confidence. New #To trust has been a forerunner of the emerging new India and we have set and achieved seemingly impossible goals,” says RIL CMD #MukeshAmbani. Follow our live blog for all updates, analysis and commentary ⬇️ |… pic.twitter.com/g11acWoVvP
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Ambani added that AR/VR device Jio Dive “has revolutionized watching sports in India. It gives the feeling of a stadium-like experience through 360-degree viewing pleasure anytime, anywhere.”
The industrialist also noted the “great strides” Network18 has made “in its journey to become the top news network in India. It goes deeper locally and broadens with international coverage.” He added: “Our homegrown digital news platforms, Moneycontrol and Firstpost, are setting new standards globally.”
Calling Reliance the forerunner of emerging New India, Ambani said RIL has invested $150 billion cumulatively over the past decade, the largest of any Indian company. “We set seemingly impossible goals and achieved them,” he noted.
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