JioMusic to Be Combined With Saavn to Form India’s Largest Platform for Music and Media
Reliance Industries, the parent company of Reliance Jio today announced a strategic transaction with popular music streaming service Saavn. Under the agreements made, the digital music service of the company, JioMusic will be combined with that of Saavn. And the combined entity is valued at over USD 1 Billion, with JioMusic’s implied valuation at USD 670 million. "The integrated business will be developed into a media platform of the future... Read More