Oct 24, 2024, 09:23 PM IST
The JioCinema and Hotstar merger has been underway for some time, aiming to reshape the OTT landscape in India.
As the merger progressed, a significant issue arose: the unavailability of the domain JioHotstar.com.
An anonymous app developer from Delhi currently owns the domain, posing a challenge for the Ambanis.
The developer revealed in a letter that Reliance would need to pay over Rs 1 crore to acquire the domain.
Interestingly, the developer plans to use the funds to pursue an executive MBA at Cambridge University.
The developer prefers to remain anonymous but shared some personal details.
He is a 28-year-old from a middle-class background in East Delhi.
He operates a startup focused on film recommendation algorithms and aspires to achieve greater success.