Saavn is one of the most popular Indian music streaming services, featuring a huge collection of songs in multiple languages. Reliance Jio has finally acquired Saavn which has now been rebranded to JioSaavn. This news comes straight from the changelog of the app on the iTunes store. The JioSaavn app has made its way to iOS but is still nowhere to be found on the Google Play Store. While the Saavn app has got a new name, the Jio Music app remains untouched with it being available as a standalone app.
Reliance Jio And Saavn Merger Has Finally Been Completed
The beginning of 2018 ushered in some pretty interesting developments. Reliance Jio has been in talks with Saavn with the hope of acquiring it someday. That day has finally come and the updated app reflecting the merger is available for download on iOS. In other words, it might take some more time until Android users receive the update that changes the app’s name from Saavn to JioSaavn. While the app has been rebranded, most of its design elements remain exactly the same. Hopefully, future versions of the app will introduce more substantial improvements. Jio users will be happy to know that they will be offered a 90-day free access to JioSaavn Pro. After the 90-day free trial ends, users can continue using the app, albeit without access to the premium features that come with the Pro subscription.
Saavn claims that it has a massive music library spanning over 45 million tracks; many of which are exclusive to the platform. The company seems pretty happy about the merger as the changelog itself captures the company’s excitement, saying:
“So suffice it to say, with Jio as our partner, you’ll be getting the same app you know and love, with way more firepower and music than ever before. And there are a ton of great new features and improvements right around the corner, so stay tuned!”
Unfortunately, Android users still do not have access to the JioSaavn application. However, a tweet from the company claims that the app for Android is just around the corner.
The wait will be over really soon! 😄 We promise, it's worth it. JioSaavn is just around the corner. Keep a lookout in Play Store! 🎵
— JioSaavnCare (@JioSaavnCare) December 3, 2018
For now, Android users will still have to use the same Saavn app until the rebranded one appears on the Google Play Store. According to a previous announcement made by Jio, the company along with Saavn make for a combined value of $1 billion with an implied valuation of $670 million. According to the most recent announcement, Jio has plans of investing $100 million in this newly formed entity.
JioSaavn To Compete With Music Streaming Services And Spotify
Meanwhile, Spotify has intentions of entering the Indian market soon. Despite facing failure in prior attempts, the company is still looking to solidify its position in India. While JioSaavn won’t be too pleased about the prospect of competing with large players such as Spotify, until that happens, JioSaavn still has to compete with other music streaming services currently available in India such as Gaana, Amazon Prime Music, Saavn, Apple Music, Google Play Music and Hungama.
Do you think JioSaavn has what it takes to keep up with the big dogs in the music streaming space? Please, let us know what you think in the comments section.