A Delhi-based app developer has bought out the JioHotstar.com, anticipating that Mukesh Ambani-led Reliance will merge its streaming services JioCinema and Disney+ Hotstar. Only earlier this week, several media outlets reported that Reliance Industries Ltd will merge Star India and Viacom18, retaining Disney+ Hotstar as the sole streaming platform, which will absorb JioCinema.
Reports added that post the merger, Disney+Hotstar will stream IPL 2025. The company is backing the platform because of its superior tech infrastructure.
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While the reported merger has not been announced by either parties involved, a Delhi man bought out the domain JioHotstar.com. He says that Reliance would want to have that domain once the two streaming services merge.
In a message, the app developer and startup founder says: "I came across a news piece stating that Disney+ Hotstar was losing daily active users after losing the IPL streaming license, and Disney is considering selling or merging Hotstar with an Indian competitor.'
Someone bought the JioHotstar domain (before the merger) and wants Reliance to fund their higher studies from domain sale. Really hope they can get a good payout from this! pic.twitter.com/uBjvgVgqZG
— pea bee (@prstb) October 23, 2024
"This led me to hypothesize that, since Sony and Zee were pursuing their own merger, Viacom 18 (owned by Reliance) is the only major player with sufficient resources to acquire Disney+ Hotstar. This reminded me of when Jio acquired the music streaming service Saavn, they rebranded it to JioSaavn, and changed the domain from Saavn.com to JioSaavn.com. I thought, "If they acquire Hotstar, they might rename it to JioHotstar.com." I checked for the domain, and it was available. I was excited, as I felt that if this happened, I could fund my goal of studying at Cambridge."
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The man asked Reliance officials to fund his Cambridge education in return of the domain. "My intention of buying this domain was simple: if this merger happens, I might be able to fulfill my dream of studying at Cambridge," he adds.
Reliance is yet to react to the request made by the Delhi-based man, who has not identified himself yet.