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Naman Ramachandran
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Jio Studios/B62 Studios Reliance Industries‘ media and entertainment operations generated revenue of INR34,917 crore ($3.7 billion) in FY26, chair Mukesh Ambani disclosed at the company’s annual general meeting in Mumbai on Friday, with live sports and the “Dhurandhar” film franchise among the primary drivers.
The business – spanning JioStar, JioHotstar, Jio Studios, and Network18 – recorded an EBITDA of INR5,842 crore ($616 million) and a net profit of INR3,434 crore ($362 million) for the fiscal year. On the linear side, JioStar held a 34.7% television viewership share, which Ambani said was “nearly equal to the next three players combined,” with 389 million viewers tuning in daily.
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