Delhi-based app developer buys JioHotStar domain, hopes to sell it to Reliance

A Delhi-based app developer has bought jiohotstar.com domain hoping that once the upcoming merger between Reliance’s Viacom18 and Disney+ Hotstar is finalised, Reliance will buy the domain back from him. The techie plans to use the proceeds from the possible sale to fund their higher education. 

The $8.5 billion merger between Viacom18 and Disney’s HotStar was signed earlier this year, and is pending regulatory approvals. The deal is expected to be finalised in November, which could create one of India’s biggest media and entertainment entities. 

It is expected that once the merger is complete, the new entity will operate under a single brand name, which is still unknown. 

“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,” he said in an open letter, identifying himself as “Dreamer” in the signature. 

Published - October 24, 2024 01:53 pm IST

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
You might also like