Reliance claims JioCinema’s IPL revenue higher than TV
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Reliance Industries Ltd (RIL), which released its financial results for the quarter ended June 30, 2023 on Friday, claimed that its OTT app JioCinema generated higher revenue from digital streaming of the Indian Premier League (IPL) compared to its rival Disney Star, which had the TV rights for the marquee cricket tournament. The company attributed the higher revenue to the large number of advertisers on the platform.