Reliance's JioCinema clocks record 1.47 bn digital views in 1st IPL weekend

The broadcasting joint venture of Indian conglomerate Reliance Industries said its JioCinema app saw a record 1.47 billion digital video views on the opening weekend of the Indian Premier League

JioCinema
Reuters BENGALURU
2 min read Last Updated : Apr 03 2023 | 7:29 PM IST

The broadcasting joint venture of Indian conglomerate Reliance Industries said on Monday its JioCinema app saw a record 1.47 billion digital video views on the opening weekend of the Indian Premier League (IPL) cricket tournament, as well as 50 million mobile app downloads.

The number of video viewers for the IPL weekend eclipsed what was recorded across the entire last season of IPL on digital, said Viacom18, which is part of Network18 - the media unit owned by Mukesh Ambani's Reliance.

Viacom18 won digital streaming rights from 2023 to 2027, for 237.58 billion Indian rupees ($2.89 billion), which Disney previously held.

On the other hand, Disney-owned Star India which is the official TV broadcaster of the IPL, the world's richest cricket league, said it saw a total of 8.7 billion minutes of consumption on television for the opening match on Friday between defending champions Gujarat Titans and Chennai Super Kings.

A peak attendance of 16 million viewers was recorded on JioCinema during the match, Viacom18 said.

The landscape for content consumption has increasingly moved "to digital and JioCinema performance this week is the biggest evidence of it," Viacom18 Sports Chief Executive Officer Anil Jayaraj said in a statement.

Disney Star said in a separate statement that it was witnessing "continuing dominance" of linear Television as the preferred platform for uninterrupted viewing of live cricket.

The comments indicate heated rivalry between Reliance and Disney, which are aiming for a major slice of advertisement revenue at a time when channels are seeing increased spending to push viewership, with advertisers cutting back on spending due to an inflationary environment.

($1 = 82.2650 Indian rupees)

 

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Reliance JioIPL

First Published: Apr 03 2023 | 7:29 PM IST

Next Story