Mumbai Indians lost IPL but Mukesh Ambani still earns Rs 45000000000 from it due to…
Mukesh Ambani (File)
In this IPL season, Mumbai Indians was defeated by Chennai Super Kings.But still Mukesh Ambani and his company broke many records this time. His company Reliance Jio's streaming platform, Jio Hotstar, gained record-breaking viewership this season. The CSK vs. MI match recorded 311 million views on Jio Hotstar which was one of the most-watched matches of the season.
The final between RCB and Punjab Kings gained 578 million views. Jio Hotstar had set a target of Rs 4,500 crore in ad revenue this season as they were supported by 32 major sponsorship deals and 100 million paid streaming customers. This joint venture of Reliance and Disney became a game-changer in digital streaming as compared with last season.
In the first over of the final, 92 million people streamed the match. This season also gave huge profits to the BCCI, as top franchises reached a valuation of $2 billion.
Mumbai Indians, one of the most successful teams in IPL history, lost to Chennai Super Kings. They chose to bat first and scored 155 runs but lost 9 wickets. CSK chased down the target easily and scored 158 runs with 5 balls in spare. MI has won the IPL title five times before but this time they couldn't make it.
Personally for Mukesh Ambani despite his team's defeat this season was profitable. Mumbai Indians' valuation also gained to $2 billion shows Reliance's strategy. Jio Hotstar's Record-Breaking Revenue
The 311 million views for the CSK vs. The MI match and the 578 million views for the final shows the power of digital streaming. Mukesh Ambani's strategy worked as Jio Hotstar achieved its Rs 4,500 crore ad revenue target, according to media reports. The 32 major sponsorship deals and 100 million paid streaming customers played a major role in this profit.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
21 minutes ago
- Business Standard
I still want to represent DC in IPL 2026: Aussie quick Mitchell Starc
Australia's pace spearhead Mitchell Starc has made it clear that he remains committed to the Delhi Capitals franchise and hopes to return for the 2026 edition of the Indian Premier League, despite his absence from the latter half of IPL 2025. Starc opted not to rejoin the Capitals after the tournament resumed post a 10-day suspension due to Operation Sindoor—India's counter-response to a terror attack in Pahalgam. While many Australian cricketers returned, Starc stayed back, citing personal reservations around safety and insufficient clarity at the time. The veteran quick emphasised that his decision was grounded in personal comfort and awareness of the broader situation rather than any lack of commitment to his IPL team. 'I'm happy to stand by what I felt was the right call for me,' he shared. Security and Uncertainty Prompted Decision Starc admitted he had concerns even before Delhi Capitals' 8 May match against Punjab Kings in Dharamsala, a fixture that was eventually abandoned after a power failure led to an emergency evacuation. The match's proximity to the international border only added to his unease, especially with wife Alyssa Healy present in the stands. The left-arm quick said the event reinforced his doubts and helped him reach a firm decision not to return when the tournament resumed. Repercussions Don't Worry Me, Says Starc Acknowledging that some may view his choice critically, Starc said he is prepared to face any consequences. 'Time will tell how it's perceived, but I stand by it,' he said, adding that different players had different comfort levels and situations, and he respected each individual decision. Lack of Information a Key Factor Starc stressed that a lack of timely and reliable information regarding the situation was a major influence. After returning home, he weighed the risks and decided to shift focus towards Test cricket, especially with the World Test Championship final against South Africa at Lord's on the horizon. Still Loyal to Delhi Capitals Despite the unexpected break, Starc reiterated his loyalty to Delhi Capitals. He said he has never been one to withdraw lightly from a tournament after being selected at auction and that his decision came under exceptional circumstances. 'I still want to be part of this group,' he said, hinting at a strong desire to return next season and continue his IPL journey with the Capitals. Australia Focused Ahead of WTC Final Looking ahead to Australia's WTC final, Starc said the team would stick to their strengths and continue playing their brand of cricket. 'We won't be changing how we play,' he remarked, confident that their tactical consistency will serve them well against South Africa.
Hans India
26 minutes ago
- Hans India
PhysicsWallah's acquisition of Drishti IAS called off: Report
New Delhi: The much-talked-about acquisition of UPSC coaching institute Drishti IAS by edtech unicorn PhysicsWallah has reportedly been called off. The deal was in advanced stages but ultimately fell through due to multiple reasons, according to a report by Entrackr. In April this year, multiple reports said that PhysicsWallah was actively exploring acquisitions to strengthen its position in the civil services preparation segment. The proposed acquisition of Drishti IAS was estimated to be worth between Rs 2,500 and Rs 3,000 crore. Drishti IAS, a well-known name in UPSC coaching, especially among Hindi-medium aspirants, was one of the leading players being considered by PhysicsWallah, along with other institutes like Chaitanya Academy, Rau's IAS Study Circle, and Sarrthi IAS. According to the report, Drishti IAS evaluated the proposal after being approached by PhysicsWallah. However, considering its strong financial performance and independent growth, the company decided not to go ahead with the deal. The report added that Drishti IAS is currently not looking to raise external funds or be acquired. Founded in 1999, Drishti IAS has built a strong presence in the civil services coaching space. In the financial year 2023–24, the Delhi-based institute reported revenue of Rs 405 crore and a profit after tax of Rs 90 crore. The report indicate that the institute is also expected to post healthy growth in FY25. PhysicsWallah, originally focussed on online coaching for engineering and medical entrance exams, has recently been expanding into UPSC and other competitive exams. The acquisition of Drishti IAS was seen as a strategic step to strengthen its offline footprint and diversify its educational offerings -- particularly ahead of its planned stock market debut. However, as of now, both PhysicsWallah and Drishti IAS have not officially responded to the matter. Meanwhile, reports indicate that PhysicsWallah filed its draft IPO papers confidentially in March 2025, aiming to raise around Rs 4,600 crore. If successful, it will become the first Indian edtech unicorn to be listed on the stock exchange.
Scroll.in
26 minutes ago
- Scroll.in
Arunachal APPSC Assistant Engineer registration window closes soon; apply now for 166 posts
The Arunachal Pradesh Public Service Commission (APPSC) will soon close the registration window for the Arunachal Engineering Service Examination 2025. Eligible candidates can apply for the exam on the official website till June 9, 2025. The recruitment exam (Preliminary) will be conducted on July 27, and the written exam (Mains) will be held on September 6 and 7, 2025. The recruitment drive aims to fill 166 Assistant Engineer posts. Candidates can check the eligibility criteria, pay scale, and other details available in the notification below: Here's the official notification. Application Fee Candidates are required to pay a fee of Rs 150 only for APST candidates, and Rs 200 for other candidates. Steps to apply for AE posts 2025
