Delhi techie buys Jiohotstar domain ahead of Disney-Jio merger!
Before the Disney-Jio merger, a Delhi techie purchases the Jiohotstar domain and offers to sell it to Reliance for a special price.
Delhi techie buys Jiohotstar domain ahead of Disney-Jio merger!
The much anticipated combination of JioCinema and Disney+ Hotstar would undoubtedly change the streaming market in India. According to sources, the combined company may simply monopolize the industry. These two are among the largest OTT operators in India in terms of user base. Although the exact terms of the two platforms’ merger have not been announced, rumors have it that JioHotstar, a shared platform, will be created. However, that might be a little more difficult now that an astute Delhi techie has taken over the JioHotstar domain.
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The designer, who had recently partaken in the Cambridge College Speed up program in 2021, presently tries to cover his educational expenses for a Chief MBA program at the lofty establishment.
In a new update posted on the JioHotstar site, the designer uncovered that Ambujesh Yadav, right hand VP of Plugs at Dependence, had contacted examine the space. The designer mentioned £93,345 to cover his educational expenses, yet was denied. Dependence has since demonstrated plans to seek after lawful activity with respect to the space name.
Communicating his mistake, the engineer said, “I truly want to believe that they will rethink this benevolent solicitation. I wish such a huge gathering could help.” He kept up with that no brand name encroachment had happened, as ‘JioHotstar’ didn’t exist at the hour of the space’s buy in 2023. “No one has a brand name for JioHotstar at this point,” he added, engaging for lawful help.
The engineer’s choice to purchase the space originated from his hypothesis of a consolidation between Disney+ Hotstar and Dependence’s JioCinema. In a letter to Dependence leaders, he made sense of that his premonition was impacted by the fresh insight about Disney+ Hotstar’s declining client base in the wake of losing IPL streaming freedoms. He guessed that Viacom18, upheld by Dependence, would be the main central part fit for obtaining Disney+ Hotstar.
A webpage featuring the banner JioHotstar: Best of Entertainment, Streaming Soon is now displayed when the domain name JioHotstar is accessed. Nevertheless, there are no logos or branding on the very plain webpage. However, there is a statement from the page’s buyer that is addressed to the “dear executive of Reliance Industries.”
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The message says: “I’m a Delhi-based app developer who is now working on my startup. While browsing social media in early 2023, I saw a story claiming that Disney+ Hotstar was losing daily active users due to the loss of its IPL streaming license and that Disney was thinking about selling or combining Hotstar with an Indian rival.
This prompted me to speculate that Viacom 18, which is controlled by Reliance, is the only significant party with the financial means to purchase Disney+ Hotstar, given that Zee and Sony were pursuing their own merger. This brought to mind Jio’s acquisition of Saavn, a music streaming service, which they rebranded as JioSaavn and renamed from Saavn.com to JioSaavn.com. I was thinking, “If they acquire Hotstar, they might rename it to JioHotstar.com” .
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