Jio First Day, First Show: JioFiber to air movies on release day

In yet another disruptive move, Mukesh Ambani, in 42nd Annual General Meeting (AGM) of Reliance Industries Ltd (RIL), said the JioFiber subscribers would be able to watch latest movies 'first day, first show' at their homes.

"Premium JioFiber customers will be able to watch movies in their living rooms the same day these movies are released in theatres," Ambani announced.

The RIL Chairman said this service called "Jio First Day First Show" will roll out in the middle of 2020 and will be available to all JioFiber users.

He also claimed that for the first time in India, the company will introduce a disruptive concept for watching new movies.

"The complete details of our tariffs will be available from 5th September 2019 on Jio.com and MyJio application," RIL said in a press release.

Earlier today, Mukesh Ambani launched the Jio Fiber, fiber-to-the-home (FTTH) service, which will be commercially rolled out on September 5 with subscription prices starting Rs 700 per month. He also announced that the Jio GigaFiber customers who will opt for our annual plans -- "Jio-Forever plans", will get an HD (High Definition) or 4K LED television and a 4K set-top-box for free.

https://www.businesstoday.in/current/corporate/jio-first-day-first-show-what-is-this-plan/story/372025.html

Ab bas ek Iron Man suit hi banana baki reh gaya hai for Ambani to become Tony Stark of our Universe. 

Originally posted by: Luna46

Ab bas ek Iron Man suit hi banana baki reh gaya hai for Ambani to become Tony Stark of our Universe. 

😆

This will impact film business. Koi roke Ambani ko. 

Originally posted by: GhayalParinda

This will impact film business. Koi roke Ambani ko. 

The film industry per se won't be affected since it's more than likely that this money made on first day viewing  will be added to the movie's collection. I do feel the multiplexes will be hit hard. Single screens ke log won't be able to afford this service so they are safe. Their business will run smoothly. But multiplexes have the kind of audience who prefer streaming than going out. 

Originally posted by: AllThatCritique

I do feel the multiplexes will be hit hard.

That's what I'm talking about.