‘72 TV channels owned by RIL have a reach of 800mn Indians’

RIL Chairman and Managing Director Mukesh Ambani has said Jio will be providing free connectivity and cloud infrastructure to budding startups

e4m by exchange4media Staff
Updated: Aug 12, 2019 5:00 PM

RIL Chairman and Managing Director Mukesh Ambani in his statement delivered on Monday at the 42nd Annual General Meeting of the company said that the 72 television channels owned by Reliance Industries have a reach of 800 million Indians and this represents 95% of the TV-viewing universe.

“Our News18-branded TV news platform is the largest by regional footprint, ratings or revenue. Our entertainment portfolio, led by Colors, has grown in stature, with its mass and niche offerings. Network 18 is among the top digital media players in the country, with one in four Indians on our websites or apps, across Moneycontrol, Firstpost, Voot, News18.com and many others,” the statement read.

The Reliance Chairman also had some announcements with respect to startups.

“JIO is a startup built in India for India by Indians. And we have a special place in our hearts for startups. You may know that 80% of the cost of running a startup goes towards cloud and connectivity infrastructure. I want to announce today that Jio is ready to take away this cost by making the connectivity and cloud infrastructure absolutely free for budding startups. I urge all startups to register for their custom-designed package on Jio.com from 1st Jan, 2020.”

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