Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1866)
1866.
Jio and this online music service has signed an agreement to create a digital media platform.
Saavn
Saregama
Wynk
SoundCloud
Answer: Option
Explanation:
Reliance Jio Director Akash Ambani, has signed an agreement for merging the digital music service Saavn with JioMusic to create a digital media platform with global reach. The total value of the deal will be over $1 billion. As part of the deal, additionally, Reliance will be acquiring a partial stake from the existing shareholders of Saavn for $104 million
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