Reliance Jio and Disney Plus Hotstar.
Dubai-based siblings Jainam and Jeevika, owners of the domain JioHotstar.com, have decided to transfer it to Reliance free of charge. This has put an end to speculations on various social media platforms. This news about domain names on the Internet attracted a lot of attention on social networks in recent days. However, this news ended with service and kindness according to both the brother and sister.
What was the problem?
This website ID was registered by a Delhi-based app developer last year amid speculations about the possible merger of Reliance Jio and Disney Hotstar. Last month, the developer had demanded money to fund his higher education at Cambridge University in exchange for the transfer of ownership of the domain. The demand was made days after Reliance Jio and The Walt Disney formally announced the merger of their media businesses.
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For this reason this decision was made
Later, the Dubai-based brother and sister purchased the domain ‘JioHotstar.com’ from its registered owner. The domain is believed to have been sold to the Dubai-based brothers after the registered owner Reliance rejected the offer. The brother and sister said that Reliance IP’s legal team contacted them and both decided to hand over the property (Reliance) to them.
This statement was then made
The post made from an X account called pea bee provided information that a Reliance official contacted the student on October 24. His name was mentioned in the post as Ambujesh Yadav, who is AVP Commercials. A demand of 93,345 pounds (UK currency) was made to Reliance in exchange for the domain, which is the tuition fee for the EMBA course. This request has been rejected by the company.
Someone bought the JioHotstar domain (before the merger) and wants Reliance to fund his higher studies by selling the domain.
I really hope they can get a good payout for this! pic.twitter.com/uBjvgVgqZG
– pea bee (@prstb) October 23, 2024
Furthermore, the publication writes that Reliance has demanded to take legal action against him. He feels that Reliance will consider his demand once again. Such a large business group can help you. He doesn’t have the strength to fight Reliance. He is grateful to all the people who cooperated.
