Reliance Jio Music and Saavn have merged to create a $1 billion entity. Jio Music, owned by Reliance Jio, and Saavn, a global music streaming service company, will combine their expertise in connectivity, streaming media, and technology. The merger will allow them to strengthen their leadership in the Indian music streaming market and expand globally, leveraging their extensive combined user base of over 100 million customers.

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2. JIO MUSIC MERGE WITH SAAVN TO CREATE $1 BILLION ENTITY
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BY
ULHAS

3. CONTENT
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What is the NEWS all about
Relevance to the news
About Jio music
About Saavn
Why they are merging ?
Multimedia

4. CONTENTS
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PORTER’s Five Force Model
Team analysis
Conclusion
Bibliography
Team meetings
Thank you

5. WHATS THE NEWS ALL ABOUT ?
 Reliance Jio music alloys with Saavn
 This alloy creats a new entity
 Entity is valued at over $1billion
 $20mn in cash rest in stake
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6. WHATS THE NEWS ALL ABOUT ?
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7. NEWS RELEVANCE
I. Analysing digital market.
II. App based economy.
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8. Reliance Jio music
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CEO – Akash Ambani
JIO’s music revenue 1.02 cr
Reliance jio owns 81% stake in jio music
CEO- Rishi Malhotra
Saavn make revenue through advertisement
It’s revenue is 42 cr

9. Jio music
Jio music is a part of Reliance Jio
Started its operation on 2016
Provides audio streaming services
It serves only in Indian languages
Over 50 million downloads
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Saavn
A global music service company
Head quartered in New York, USA
It was founded on 2006-2007
Started its service in India on 2010
Provides 36mn music tracks,15 languages
Over 50 million downloads

11. Why they are merging?
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Combining the streaming media expertise
Connectivity & digital ecosystem of jio
To strengthen leadership in Indian market
Global expansion
Extensive user base

12. MULTIMEDIA
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13. National Market Competitors
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(In millions)
Jio music Saavn

14. Global Market Competitors
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( in millions)

15. Benefits to Jio
▪ Saavn one the top grossing app
▪ Multiple markets
▪ Make use of Saavn’s technology
▪ Evolve as a global leader
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16. Porters Five Force Model
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BARGAINING
POWER OF
SUPPLIERS
RIVALRY AMONG
EXISTING
COMPETITORS
BARGAINING
POWER OF
BUYERS
THREAT OF
SUBSTITUTES
THREAT OF NEW
ENTRANCE

17. THREAT OF NEW ENTRANCE
 Spotify entering Indian market
 Increasing free local apps
 Customer loyalty
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18. BUYER POWER
 100+million customer base
 No competition offers freebies
 Hit among price sensitive audience
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19. THREAT OF SUBSTITUTION
 Gaana, Hungama, wynk in India
 Lots of free apps
 Famous international apps
 Switching to you tube and live stream
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20. BARGAINING POWER OF SUPPLIERS
▪ Artists
▪ Composers
▪ Music companies
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21. RIVALRY AMONG EXISTING COMPETITORS
▪ Gaana
▪ Spotify
▪ Amazon Music
▪ Pandora
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22. TEAM ANALYSIS
 Both of them couldn’t compete individually
 Strong competition
 Innovation
 Hard to attract subscribers
Now it’s open for all
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23. CONCLUSION
I. Win Win situation
II. Exchange of strategies
III. Easy entry at global level
IV. Increase in customer base

24. Bibliography
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Pankaj.doval MumbaiTimes of India on 23/03/2018
Urv MalvaniaMumbaiBusiness standard24/03/2018
Sohini Mitteryourstory24/03/2018
Saavn.coorporate.com

25. Team meetings held
1 st meeting
26/3/18
2 nd meeting
27/3/18
3 rd meeting
30/3/18
4 th meeting
31/3/18
5 th
meeting
1/4/18

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Thank you....any questions ?