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Updated: May 04, 2025 15:00
India's JioStar, a merger of Reliance's Jio platforms and Disney's Indian businesses, has made a whopping $10 billion content investment commitment over the next three years. At the WAVES Summit, Vice Chair Uday Shankar unveiled the company's aggressive growth plan to take over India's streaming and pay-TV space. Here's an in-depth analysis:
Key Highlights
Investment Breakdown:
JioStar invested ₹25,000 crore ($3 billion) in content in 2024, rising to ₹30,000 crore ($3.6 billion) in 2025.
The company aims to surpass ₹32,000-₹35,000 crore ($3.8-$4.1 billion) in 2026, reaching $10 billion in three years2.
Streaming & Pay-TV Growth:
JioStar has surprised industry naysayers, expanding both legacy pay-TV and streaming businesses.
The company now has half a billion platform visitors, although subscriber figures are not disclosed.
Affordability & Market Expansion:
Shankar highlighted price sensitivity as one of the main drivers of India's media growth.
He pointed out that increasing reach to 300 million+ users needs low-cost pricing strategies.
Challenges in Monetization Models:
Shankar condemned international media companies for not being innovative in monetization models.
He claimed that subscription and ad models have been stagnant for decades.
Future Outlook:
India's $30 billion video entertainment market may double in five years if companies deepen distribution and produce India-specific content.
JioStar is targeting tier-three and four cities, looking to expand its presence.
This aggressive investment plan makes JioStar a market leader in India's streaming market, changing the way content is consumed and distributed.
Sources: MSN, Economic Times