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Reliance JV Viacom18 strikes deal with Warner for streaming content: Report

"It's a deep exclusive arrangement which will make JioCinema the house of Warner, HBO in India," said the report

Reuters NEW DELHI
Viacom18

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By Aditya Kalra

NEW DELHI (Reuters) - The broadcast venture of India's Reliance has struck a deal with Warner Bros Discovery Inc. for its streaming platform JioCinema, a big push into bringing popular Hollywood content on the platform, two sources with direct knowledge said.

The deal between Reliance's Viacom18 would see Warner Bros as well as its HBO content becoming available on Reliance's JioCinema app, including popular shows such as Succession, Game of Thrones and the upcoming Harry Potter series, the sources said.

The sources did not disclose the financials of the deal.

The first source said the partnership will be exclusive and see most of Warner's marquee content on the JioCinema platform. Warner cannot offer most of its popular titles to other Indian rivals including Amazon Prime Video and Disney Hotstar, said one of the sources.

"It's a deep exclusive arrangement which will make JioCinema the house of Warner, HBO in India," said the person.

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Warner did not immediately respond, while Viacom18 had no immediate comment.

The content deal could bring in thousands of hours of streaming content onto JioCinema, which has become popular for streaming the IPL cricket tournament on the platform for free in the ongoing season.

Viacom18 won the IPL digital streaming rights from 2023 to 2027 for around $2.9 billion, rights which Disney previously held.

 

(Reporting by Aditya Kalra; Additional reporting by Munsif Vengattil and; Shilpa Jamkhandikar; Editing by Raju Gopalakrishnan)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Apr 27 2023 | 12:56 PM IST