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Jio in final talks to acquire Disney Plus Hotstar

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Jio in final talks to acquire Disney Plus Hotstar

Reliance Industries entered into the digital space with Jio Cinema and is slowly emerging as a major player in the country. Jio invested huge and acquired the rights if IPL for the coming years. There are reports that Mukesh Ambani is in negotiations to acquire the digital platform Disney Plus Hotstar. Walt Disney is looking at takers from a long time after the platform lost millions of subscribers. Disney Plus Hotstar along with the channels of Star are kept for sale.

The latest development says that the talks are in final stages and the deal is expected to be closed very soon. The big loss for Disney Plus Hotstar came after the platform lost the IPL streaming rights thus losing the subscribers. For now, both the parties are tightlipped about the happenings.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

Prakash Rao Kovelamudi turns script consultant for Jio

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Prakash Rao Kovelamudi turns script consultant for Jio

Telecom operator Reliance Jio is set to foray into Telugu film industry in a grand way. Reportedly, Jio is planning to make inroads in digital marketing by dishing out quality web series. Reliable sources revealed that they are currently scouting for directors who can come up with sensible and innovative scripts that can be made into web series.

It is exclusively learnt that director Raghavendra Rao’s son Prakash Rao Kovelamudi has turned script consultant for Jio. Prakash Rao is currently busy working on different scripts and he is going to play a significant role in the web series to be launched by Jio very soon. Already, players like Arka Media and Amazon Prime are in the fray of digital world and they are aggressively involved in churning out web series.

Arka Media is soon going to bankroll a big budget web series with Praveen Sattaru and Devakatta. Amazon Prime roped in Swapna Dutt and Nandini Reddy to deliver quality web series. But, it was completely disappointed with the substandard quality and content with which they completed a series. Now, Jio is eyeing to explore the digital world by bringing in strong script consultants on board. They are going to work with two writers in tandem. Already Prakash Rao Kovelamudi has been finalized as one of the consultants. They are also planning talent shows and other popular events in web world. More details will be out soon.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

Reliance Jio launches JioPhone for zero cost

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Reliance Jio launches JioPhone for zero cost

Industrialist Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday announced the launch of ‘intelligent smartphone’ JioPhone, which will be available for beta testing from August 15.

“The JioPhone will be available to all Indians for an effective price of Rs zero,” Ambani told the company’s 40th annual general meeting here.

The much-awaited phone was launched by Ambani’s son and daughter Akash and Isha Ambani. The phone will support 22 languages.

To protect against misuse, customers have to pay a fully refundable Rs 1,500 secuirty deposit while taking a JioPhone.

The pre-booking for the phone will start from August 24 and it will be given away on a first come first served basis. It will be available for all from September.

JioPhone, which is targetted at the 50 crore feature phone users in the country, will offer free voice calls and SMS to customers. For 4G data, customers need to pay Rs 153 per month.

He said JioPhone can be connected to any TV, not just internet TV, to watch videos.

The phone is pre-loaded with applications like Jio Cinema, Jio Music and others.

Describing JioPhone, Ambani said: “JioPhone is Made in India by young Indians for all Indians.”

Talking about Jio services, Ambani said: “Jio in next 12 months will cover 99 per cent of our country’s population.”

Jio has 125 million customers across the country now.

He said the telecom sector in India took 25 yeras to build 2G network for customers, “Jio will do 4G in three years.”

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

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