Jio, the world's largest mobile data network, announced a 5 year partnership with India's leading broadcaster, Star India to unleash a new era in sports entertainment. Jio and Star will make all televised India-cricket matches available to users of JioTV and Hotstar in India. Reliance Industries Limited signed an agreement in this regard with Star India Pvt Ltd.
Not just this, for the first time ever, cricket production, a streaming platform and a high-speed data network has come together to deliver the best of cricketing content with connectivity to benefit the Indian consumers.
This partnership will cover:
2. One Day Internationals (ODI)
3. International Test Cricket
4. Premier Domestic Competitions of the BCCI
Jio and Star have been instrumental in leading many such disruptive initiatives, where it has put the consumer in the centre of innovation.
"Jio continues to bring the most exclusive content to its users, this time around through the JioTV app. Cricket is not just played, its worshipped in India. Every Indian must have access to the best sporting events as well as quality and affordable bandwidth to consume the content. With this partnership, we intend to address both these objectives of providing the best sporting content with the best digital infrastructure to the Jio users. Jio promises to and will continue to bring a superlative customer experience in the areas of sports, AR, VR, Immersive viewing and more in the coming days," said Mr. Akash Ambani, Director, Jio.
"Over the last five years, we have re-invented the sports experience in India across screens, both television and digital. Indian cricket under BCCI is one of the most compelling properties in the world and we are excited to apply the same lens of innovation and re-invention to the property that we have applied to other sports in the last few years. And, with a new partner in Reliance Jio, we will have even more opportunities to raise the bar for cricket fans," said Mr. Sanjay Gupta, Managing Director, Star India.
Shares of RELIANCE INDUSTRIES LTD. was last trading in BSE at Rs.1216.85 as compared to the previous close of Rs. 1210.3. The total number of shares traded during the day was 566364 in over 14105 trades.
The stock hit an intraday high of Rs. 1237.1 and intraday low of 1183.2. The net turnover during the day was Rs. 692826473.