What’s the future of companies like Hotstar, Voot, Jiotv
Business model inherently is so bad. You’re not valued for the tech you’ve, which needs to be highly scalable, and you’ve to spend a shit ton of money to bet on right content. How long before they all give up?
jaaniDushman
Stealth
2 years ago
Can you elaborate a little?
Somewhere consolidation will happen so there would be not many players in this space.
PunyDrama38
Stealth
2 years ago
jio will kill them
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by ShinyDoc11
Morgan Stanley
That’s massive- 11k to be laid off @jioMart
JioMart, Reliance Retail's online shopping platform, has reportedly laid off over 1,000 employees and plans to cut 9,900 more roles.
https://techcrunch-com.cdn.ampproject.org/c/s/techcrunch.com/2023/05/22/reliance-jiomart-to-cut-11000-jobs-report-says/amp/