JioCinema, Voot merger in final stages; may be announced by May-end: Report

The merger between Viacom18 Media-owned video streaming app Voot and Reliance’s JioCinema is in the final stages and may be announced by May end, a report by Mint said on Monday. The companies are waiting for the ongoing season of the Indian Premier League (IPL) to conclude before finalising the merger.

In September last year, the Competition Commission of India (CCI) approved the merger of JioCinema with Viacom18. The company had also won the digital rights to broadcast IPL 2023 for Rs 23,757 crore.