Software Developerย โขย 1y
This is completely wrong data. the revenue of 3300 crores was of RIL's media and entertainment group not just only of JioCinema and also Jio Cinema has other content also apart from IPL. So saying 3300 revenue from IPL is completely wrong it would have been much lesser. And even if Jio would have earned this much still they are in loss only as JIO has too pay around 24000 crores in 5 year that means 4800 crores/year for streaming . That is why they are looking for another source of revenue. This season they have introduced a sticker package addon amd some other things also. This move is a long term vision of RIL to conquer the industry but in short term it is a loss making business for now but maybe in futue Reliance could turn it out to be a great business .
Prev- Founder & CEO ...ย โขย 1y
Mukesh Ambani's Jio isn't streaming IPL for free, Infact Jio made more than 3,300 crores in revenue. Jio used a famous business strategy called as loss leader strategy Loss leader strategy is where a product is sold at a low price or for no pric
See MoreHey I am on Medialย โขย 5m
Revenue Breakdown of Quick Commerce Companies (Q3 FY25)! โข In Q3 FY25, Zomato reported โน5,405 crores in revenue with a net profit of โน59 crores, which fell by 57.3% compared to Q3 FY24. โข Meanwhile, Blinkit independently reported โน1,399 crores in r
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Medialย โขย 1y
Salaries of top Indian startup founders revealed.(Per annum) Zerodha Nikhil Kamath - โน48 Cr - Revenue- โน6,832.8 Cr | Profit of โน2,908.9 Cr Zepto Aadit Palicha - โน1.5 Cr - Revenue- โน2,024.3 Cr | Loss of โน1,272.4 Cr Zaggle Raj Narayanam - โน1.02 Cr -
See MoreDeveloperย โขย 9m
I recently came across a podcast where a Jio Cinema architect discussed the system design behind streaming IPL matches. She mentioned that during the peak of the IPL season, Jio consumed 90% of the internet bandwidth available in India. Iโm unsure ho
See MoreFrom the ROOT to the...ย โขย 1y
๐ด Is IPL 2024 Reshaping the Corporate Sponsorship Landscape? ๐ด - In IPL 2024, manufacturing, banking, and entertainment sectors have heavily invested in team sponsorships. -Notably, NFT providers have exited the scene due to various reasons, putt
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Lenskart IPO Also Coming Soon! โข Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion. โข In FY24, Lenskart generated โน5,427 crores in revenue, a 23% increase from the last financial year
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