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  1. Mar 24, 2018 · advertisement. The strategic merger will see the creation of a platform (JioMusic+Saavn) valued at over $1 billion, with JioMusic's implied valuation at $670 million, RIL has announced. The strategic merger doesn't mean the end of Saavn, as a stand-alone music streaming service, though.

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  2. Mar 23, 2018 · Reliance Industries (RIL) on Friday announced a strategic merger of its digital music service JioMusic with music over-the-top platform Saavn which will see RIL acquiring a 75-80 per cent stake in the merged entity. The company said that the combined entity is valued at over $1 billion, with JioMusic’s implied valuation at $670 million.

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  3. Mar 26, 2018 · In a bid to tap into country’s growing digital music industry, Reliance Jio will merge its JioMusic with streaming services provider Saavn, Bloomberg reported. The company expects that the...

  4. Mar 23, 2018 · Reliance Industries Limited, India’s petroleum-to-entertainment conglomerate, has struck a definitive agreement to combine music-streaming business Saavn, with its own digital...

  5. Mar 23, 2018 · Mumbai, India and New York, NY — March 23, 2018 — Reliance Industries Limited (“RIL”) today executed definitive agreements for combination of Saavn, a leading global music OTT platform, with its digital music service, JioMusic. The combined entity is valued at over US$1 billion, with JioMusic’s implied valuation at US$ 670 million.

  6. Mar 24, 2018 · New Delhi, Updated Mar 24, 2018, 5:09 PM IST. In a deal led by Reliance Jio director Akash Ambani, Reliance Industries today signed an agreement for combination of digital music service Saavn...

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  8. Reliance Jio, Saavn to merge digital music services, new entity valued at $1 billion - Hindustan Times. Press Trust of India, New Delhi | By Press Trust of India. Mar 23, 2018 09:18 PM IST....