2024-10-25 12:32:49 :
An enterprising app developer in Delhi bought the rights to the Jiohotstar domain and asked Reliance and Viacom18 to fund his college tuition in exchange, another techie also brought up a similar experience with the company, suggesting he doesn’t think so Making a deal will get it sorted.
Technician Amit Bhawani wrote on social media platform
Livemint has contacted Reliance and JioCinema for a statement and this article will be updated to reflect the same.
what happened?
“The discussion about JioHotstar domain purchase is hot, so I want to share my own story. Reliance sent me a legal statement regarding these domains, which I booked back in 2012. Interestingly, Jio It wasn’t officially announced until 2015, so do the math!” he said.
He added: “At the time, I was into blogging and would often buy domain names speculatively. There were rumors that ‘Jio’ might be an upcoming brand for Reliance, so I jumped at the chance and registered the domains thinking they might be Very valuable. Both areas appear to be key areas for Reliance Industries.”
“Two years later, in 2014, I received a legal notice from the Reliance team claiming that I held their trademark property. Since they did officially own the trademark and I was busy with other professional commitments, I decided not to engage with such a large of companies going head-to-head,” he added.
“Try my luck”
“I took a chance and asked for $25,000 to purchase the domains, but they responded with a firm notice making it clear they had the upper hand. Realizing it wasn’t worth the fight, I handed over the domains without hesitation. No drama, no twists and turns – just a simple ending,” he said.
He ended up referring to the new viral story about the matter, saying, “I’m sharing this because there’s been speculation that Reliance might pay a huge amount for the JioHotstar domain, but in my experience, that doesn’t always work.” That direction!
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