Mukesh Ambani's newest company, RJio, had its own fair share of good news to divulge for the July-September period. RIL also declared that it will acquire 66% stake in Den Networks for Rs 2,290 crore and 51.3% in Hathway Cable for Rs 2,940 crore.Â
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Baaghi 2 continues to dominate the box office with collections of 6.50 crore nett on its second Saturday. The film takes its nine day total to around 122.25 crore as it heads for a 150 crore nett plus lifetime total.
Akash Ambani, Director, Reliance Jio, had this to say about the transaction, â€œThe investment and combination of our music assets with Saavn underlines our commitment to further boost the digital ecosystem and provide unlimited digital entertainment services to consumers over a strong uninterrupted network.â€Â Of the $100 million investment, rupee equivalent of $20 million will be invested upfront, for growth and expansion of the platform. The goal being to turn it into one of the l
Amazon Prime Music will be available at no extra cost to members of Prime, the world`s largest online retailer`s customer loyalty plan that costs an annual 999 rupees ($15.30) and offers faster deliveries, access to early deals and a subscription to its video streaming service.