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| 1. |
Jio and this online music service has signed an agreement to create a digital media platform. |
| Answer» Reliance Jio Director Akash Ambani, has signed an agreement for merging the digital music service Saavn with JioMusic to create a digital media platform with global reach. The total value of the deal will be over $1 billion. As part of the deal, additionally, Reliance will be acquiring a partial stake from the existing shareholders of Saavn for $104 million | |