Saavn Archives

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JioMusic and Saavn integrate to create South Asia’s largest music platform

17/12/2018

JioMusic and Saavn integrate to create South Asia’s largest music platform with a catalogue of more than 45 million songs and award-winning original content. The merged JioSaavn service integrates JioMusic, India’s most popular music app, and Saavn, India’s leading global over-the-top platform. This follows the recent purchase of Saavn by Reliance Industries Limited owners of JioMusic in March of this year. The new integrated JioSaavn app will be available across all App Stores including the […]

News

Saavn and JioMusic merge to form India’s largest music streamer

01/04/2018

Reliance Industries Limited (RIL) has agreed to buy out music streaming platform Saavn and merge it with its own digital music service JioMusic to form India’s largest music streamer. The $104 million in cash and remainder in stock deal for Saavn will value the combined streaming entity at about US $1 bn with RIL holding roughly three quarters of the merged entity. Reliance plans to invest up to $100 million of which $20 million will be […]