Key Points
It is owned by an app developer, and he is hoping Jio pays him for the domain so that he can go to Cambridge...
Reliance is instead taking legal action against the Delhi-based app developer for infringing on its trademark..
Earlier this year, the merger between Star India, which runs Disney+ Hotstar, and Viacom18, a subsidiary of Reliance Industries, received approval for a merger, which is anticipated to unify the streaming platforms under a single brand..
This led me to hypothesise that, since Sony and Zee were pursuing their own merger, Viacom 18 (owned by Reliance) is the only major player with sufficient resources to acquire Disney+ Hotstar..
However, now, with the domain JioHotstar.com in hand, his plan was simple: if the merger between Viacom18 and Disney+ Hotstar goes through, he would sell the domain to Reliance..
