The Indian Premier League (IPL) is set to return in 2023 and JioCinema's decision to offer free streaming of the tournament could have a significant impact on the OTT market, according to analysts.
JioCinema, a subsidiary of Reliance Jio, has already disrupted the telecom sector with its low-cost data plans and is now looking to make a mark in the streaming industry.
While other streaming platforms like Hotstar and Amazon Prime Video have offered IPL streaming in the past, they have charged a subscription fee.
JioCinema's move to offer free streaming of IPL could attract a large number of viewers and potentially lead to a decline in subscriptions for other streaming services.
Nonetheless, analysts predict that JioCinema's entry into the streaming industry with free IPL streaming could be a game-changer and shake up the market.
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This move could also potentially accelerate the consolidation of the streaming industry, with smaller players struggling to compete with the larger, more established platforms.