Reliance Can Ask Cricket Fans To Pay Rs 149 For Watching IPL Matches – Trak.in
The Reliance-Disney joint venture is making a significant change to its IPL (Indian Premier League) streaming strategy by moving from a completely free access model to a hybrid subscription model. This new approach will allow fans to enjoy the IPL matches for free initially, but as viewers continue to engage with the platform, they will need to subscribe to continue watching. This strategy aims to build a loyal subscriber base by encouraging viewers to commit to the platform after they’ve grown accustomed to the content.
New Streaming App and Affordable Pricing
As part of this shift, the joint venture is considering launching a rebranded streaming app, possibly priced at ₹149 (around $2), which would provide an affordable entry point for fans who want to continue watching IPL and other content. This price point is designed to make the transition from free to paid viewing as seamless and cost-effective as possible for the audience.
Strategic Reasons Behind the Shift
The shift away from free IPL streaming on Jio Cinema is primarily driven by Disney+ Hotstar’s superior streaming capabilities and its ability to manage targeted advertising effectively. Hotstar’s advanced streaming technology has been a key factor in this decision. The target date for the complete transition of sports content, including IPL, from Jio Cinema to Disney+ Hotstar is set for January 2025. This move aligns with Hotstar’s record viewership achievements, such as during the ODI Cricket World Cup final, where it attracted 59 million viewers.
The Importance of IPL to the Joint Venture
The Indian Premier League (IPL) is one of the most valuable cricket tournaments in the world, with an estimated brand value of $12 billion. The 2024 IPL season alone garnered 620 million viewers in India, along with a substantial global audience. Given the IPL’s massive viewership, the joint venture aims to leverage its streaming infrastructure to maximize revenue while maintaining a premium, high-quality experience for fans.
Disney’s Stock Outlook Remains Strong
Despite the changes in IPL’s streaming strategy, Disney’s stock remains robust with a “Strong Buy” rating and a price target of $128.04, suggesting a potential upside of nearly 17%. The transition to the hybrid model and the rebranding of the streaming platform are expected to positively impact Disney’s long-term growth and financial outlook.
Looking Ahead
As the Reliance-Disney joint venture shifts towards a hybrid model, the IPL streaming experience will change, but the long-term goal is clear: converting free viewers into subscribers while maintaining a competitive edge with advanced streaming capabilities. With the backing of Disney+ Hotstar’s infrastructure, the future of IPL and other sports content streaming looks set to offer both fans and investors exciting prospects.
