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Tag: JioSaavn

  • Virginia Sharma joins JioSaavn as VP, brand solutions

    Virginia Sharma joins JioSaavn as VP, brand solutions

    Mumbai: Virginia Sharma has joined the largest streaming platform for South Asian music and audio entertainment JioSaavn, as vice president of brand solutions. Based out of JioSaavn’s Gurgaon office, Sharma will lead the company’s global digital ad monetization efforts across platforms. She will be responsible for driving adoption of JioSaavn’s innovative advertising solutions for brands, while overseeing agency and client relationships. 

    With more than 20 years of experience leading marketing and sales teams, Sharma joins JioSaavn from LinkedIn, where she excelled in the top 10 per cent of sales leaders. Virginia also worked with IBM for more than 15 years in various global and regional roles, including India vice president of marketing and communications before joining LinkedIn Asia Pacific in 2014. 

    In addition to an impressive track record at some of the world’s largest technology companies, Sharma is an industry leader in her own right. She was recognized on the 2018 Economic Times Women Ahead list, as well as Impact Top 50 Women in Marketing Media and Advertising in both 2018 (#38) and 2019 (#35). Sharma was also the first chairperson for the Marketing Society India Chapter and a member of the Global Advisory Board for UVA’s McIntire School of Commerce.  She was the first Indian leader to become a Marketing Academy Fellow delivered by McKinsey and Co. Sharma is currently pursuing her doctorate in Business Administration from Indian School of Business in Business Model Innovation.

    “I am excited to join the passionate and like-minded leadership team at JioSaavn, where music and people take center stage every day. Music is a lifelong companion; it evokes moments and memories, it’s a conduit for emotional expression; and it connects people of all ages and backgrounds. As a seasoned marketer and early JioSaavn user, I already recognize many opportunities for brands to find their voice on the JioSaavn platform, allowing them to engage and build loyalty with millions of consumers. Let’s play!” Sharma said about her new role. 

    Having worked in the US, Singapore, Japan and India, Sharma brings a truly global perspective to JioSaavn’s Brand Solutions team. Part of her new role will be finding innovative solutions that balance a great user experience, advertisers’ needs and respect for content creators. As a former marketer for many years, she is in a unique position to identify with brands looking to achieve a variety of different objectives to grow their businesses. 

    Vinodh Bhat, co-founder, president and chief strategy officer, JioSaavn, said about Sharma: “As the JioSaavn user base continues to grow, the company was ready for a strong, seasoned and passionate executive in our core market to scale our advertising business. Virginia is recognized as one of the top digital leaders in the country and set records at LinkedIn for monetization in India. She is an accomplished Marketer turned Sales Leader with the proven capability to understand marketer needs and create durable long-term solutions for them, applying a mix of business creativity and strong ad technology. In addition to her wealth of expertise and strategic understanding of the industry, she is also a great culture fit at JioSaavn. We are pleased to welcome her to the team and very excited to work together on this road ahead.”

    The on-boarding of Sharma is the latest in a few valuable additions to JioSaavn’s management team. Mihir Shah, VP of consumer revenue, joined the company last year from Hotstar, where he led product and marketing growth teams through the stellar growth in just two years. At JioSaavn, he leads the global consumer premium business and is already demonstrating similar traction. Under Shah’s leadership, a new version of JioSaavn Pro led to an organic 4x growth for JioSaavn’s paid subscriber base in 2019. 

  • JioMusic and Saavn integrate to create South Asia’s largest platform for music, media and artists – JioSaavn

    JioMusic and Saavn integrate to create South Asia’s largest platform for music, media and artists – JioSaavn

    MUMBAI: Saavn Media Private Limited, a subsidiary of Reliance Industries Limited (“RIL”), today launched JioSaavn, South Asia’s largest streaming, entertainment and artist platform. JioSaavn represents the official integration of JioMusic, India’s most popular music app, and Saavn, India’s leading global over-the-top platform. The new integrated JioSaavn app will be available across all App Stores including the Jio app store, on JioPhone, as well as, at www.jio.com/jiosaavn.

    As announced in March 2018 at the time of acquisition of Saavn by Reliance Industries Ltd, the implied valuation of the combined entity at over US$1 billion makes it the most valuable music streaming platform in South Asia, and among the most popular in the world.

    JioSaavn combines the streaming media expertise of Saavn with Jio’s digital services ecosystem. Jio is India’s largest digital services network with over 252 million subscribers. The integrated app has a massive addressable market opportunity both in India as well as for the Indian diaspora.

    With the integrated JioSaavn app, users can expect a suite of new in-app products and music experiences, including an interactive lyrics feature, localized vernacular display, custom integrations with concerts and live events, as well as exclusive video content to roll out over the next few months.

    The service will be offered on a freemium model in India with all users having access to the ad-supported product. Jio subscribers would enjoy seamless access to the integrated app. Additionally, as part of this launch, Jio users will also get a 90-day extended free trial of JioSaavn Pro, the streaming service’s premium product.

    Speaking on the launch of JioSaavn, Akash Ambani, Director, Reliance Jio, said, “JioSaavn represents a turning point for the music streaming industry in India, as the country continues to experience accelerated tech innovation, rapid adoption of digital services, and a digital music industry at par with global leaders. Powered by Jio’s advanced digital services infrastructure and complemented by its widespread user base, JioSaavn will be the largest streaming platform in India.”

    Supported by the resources and connectivity of India’s most powerful digital services network, JioSaavn will continue to build on Saavn’s groundbreaking Original Programming and artist development platform, Artist Originals (AO). Saavn’s Original Programming, which has redefined the development, marketing and distribution of original audio entertainment, produces and exclusively distributes some of India’s most popular audio podcasts, like ‘#NoFilterNeha‘, ‘Thank You For Sharing’, ‘Take 2 with Anupama and Rajeev’, ‘Talking Music’ and ‘Kahaani Express with Neelesh Misra’.

    The Saavn co-founders – Rishi Malhotra, Paramdeep Singh and Vinodh Bhat – continue in their leadership roles to drive the growth of the company. JioSaavn’s team of more than 200 employees also continues to operate out of its five global offices at Mountain View and New York in the United States and Bengaluru, Gurugram, and Mumbai in India.

    Rishi Malhotra, Co-Founder and CEO, JioSaavn, stated, “Since announcing our merger in March 2018, the Jio and Saavn teams have been working to integrate and reimagine a combined platform in JioSaavn. Today, we have one of the most personalized and capable media platforms in the world, an unmatched content catalog, regionalized editorial and original programming and music that’s redefining how artists and creators connect directly with audiences worldwide.”

    Paramdeep Singh, Co-Founder and Executive Vice Chairman, JioSaavn added, “The launch of JioSaavn marks a new era for music streaming in India and, the global music industry at large. Combining the scale and quality of the Jio network with our highly engaged product experience, JioSaavn is positioned for a steep growth trajectory that will benefit the entire ecosystem of label partners, brand advertisers, and independent artists to bring content, commerce and culture together.”