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1012

JioMusic and Saavn integrate to create South Asia’s largest platform for music, media and artists – JioSaavn

Saavn Media Private Limited, a subsidiary of Reliance Industries Limited (“RIL”), today launched JioSaavn, South Asia’s largest streaming, entertainment and artist platform.
JioSaavn represents the official integration of JioMusic, India’s most popular music app, and Saavn, India’s leading global over-the-top platform. The new integrated JioSaavn app will be available across all App Stores including the Jio app store, on JioPhone, as well as, at www.jio.com/jiosaavn.
As announced in March 2018 at the time of acquisition of Saavn by Reliance Industries Ltd, the implied
valuation of the combined entity at over US$1 billion makes it the most valuable music streaming platform
in South Asia, and among the most popular in the world.
JioSaavn combines the streaming media expertise of Saavn with Jio’s digital services ecosystem. Jio is
India’s largest digital services network with over 252 million subscribers. The integrated app has a
massive addressable market opportunity both in India as well as for the Indian diaspora.
With the integrated JioSaavn app, users can expect a suite of new in-app products and music
experiences, including an interactive lyrics feature, localized vernacular display, custom integrations with
concerts and live events, as well as exclusive video content to roll out over the next few months.
The service will be offered on a freemium model in India with all users having access to the ad-supported
product. Jio subscribers would enjoy seamless access to the integrated app. Additionally, as part of this
launch, Jio users will also get a 90-day extended free trial of JioSaavn Pro, the streaming service’s
premium product.
Speaking on the launch of JioSaavn, Akash Ambani, Director, Reliance Jio, said, “JioSaavn
represents a turning point for the music streaming industry in India, as the country continues to
experience accelerated tech innovation, rapid adoption of digital services, and a digital music industry at
par with global leaders. Powered by Jio’s advanced digital services infrastructure and complemented by
its widespread user base, JioSaavn will be the largest streaming platform in India.”
Supported by the resources and connectivity of India’s most powerful digital services network, JioSaavn
will continue to build on Saavn’s groundbreaking Original Programming and artist development platform,
Artist Originals (AO). Saavn’s Original Programming, which has redefined the development, marketing
and distribution of original audio entertainment, produces and exclusively distributes some of India’s most
popular audio podcasts, like ‘#NoFilterNeha‘, ‘Thank You For Sharing’, ‘Take 2 with Anupama and
Rajeev’, ‘Talking Music’ and ‘Kahaani Express with Neelesh Misra’.
The Saavn co-founders – Rishi Malhotra, Paramdeep Singh and Vinodh Bhat – continue in their
leadership roles to drive the growth of the company. JioSaavn’s team of more than 200 employees also
continues to operate out of its five global offices at Mountain View and New York in the United States
and Bengaluru, Gurugram, and Mumbai in India.   
 
 

Contact Information

  • Name: Arun Iyer

    Company: Reliance Industries Ltd.

    Telphone: +91 - 2222-785000 , -

    Address: Ghansoli Navi Mumbai

    Email: relianceindltd@gmail.com