Jio Studios garners Rs 700 cr from box office, action-packed year ahead

Jio Studios, the media and content arm of Billionaire Mukesh Ambani-led Reliance Industries, has garnered Rs 700 crore at the box office, according to the latest annual report of the oil-to-chemicals company. The company has an "action-packed year" with 11 theatre releases, 35 direct-to-digital releases and 8 original web series across languages and genres produced by the company, which is "the largest by any film studio" in 2023-24. These were released across theatres, OTT and broadcast platforms including Jio Cinema, Netflix, Amazon Prime Video, Disney+ Hotstar, Colors and Star Network, it added. "With eight consecutive hits, Jio Studios' films garnered a whopping Rs 700 crore at the box office with every second film in Q4 FY2024 being a Jio Studios film," it said. Besides, Jio Studios also has an "extensive pipeline of theatrical spectacles", the report added. "Jio Studios has strategically expanded its presence beyond the Hindi market, making significant inroads in regional language markets, through meticulous craftsmanship and a deep understanding of diverse cultural nuances," it said.