India’s JioStar Reports $2 Billion in Half-Year Revenue, 400 Million Streaming Users

JioStar, the newly formed media powerhouse from the merger of Disney's Star India and Reliance's Viacom18, has reported an impressive $2 billion in revenue for the first half of the year, along with a remarkable 400 million streaming users. This achievement highlights the company's strong market position and growth potential in the competitive streaming landscape, making it a significant player in the industry. With a quarterly EBITDA of $196 million and margins of 28.1%, JioStar is setting a high standard for profitability and user engagement, which could influence future investments and strategies in the media sector.