{"id":88821,"date":"2021-11-15T17:00:00","date_gmt":"2021-11-15T17:00:00","guid":{"rendered":"https:\/\/routenote.com\/blog\/?p=88821"},"modified":"2021-11-15T16:21:24","modified_gmt":"2021-11-15T16:21:24","slug":"jiosaavn-founders-step-down","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/jiosaavn-founders-step-down\/","title":{"rendered":"Founders of Indian streaming service JioSaavn to step down"},"content":{"rendered":"\n

Image Credit: <\/em>JioSaavn<\/a><\/em><\/p>\n\n\n\n

Changes at Jio Entertainment Services have apparently led to the sudden departure of the three co-founders of JioSaavn.<\/span><\/h2>\n\n\n\n

The three co-founders of JioSaavn<\/a>, India\u2019s biggest music streaming service, are soon to leave their positions. President Vinodh Bhat, executive vice chairman Paramdeep Singh and CEO Rishi Malhotra will still remain as executives, but are stepping down from their day-to-day roles.<\/p>\n\n\n\n

Why the sudden exodus? According to Billboard<\/a><\/em>, rumour has it that new vice president Khushboo Yadav brought with him a change in working style that is \u201caggressive\u201d and not in keeping with the company\u2019s work culture. <\/p>\n\n\n\n

Apparently, \u201cdifferences of vision\u201d at parent company Jio Entertainment Services led to the founders\u2019 decision to exit.<\/p>\n\n\n\n

Originally a distributor, Saavn became a streaming platform in 2010 and merged <\/a>with audio streaming service JioMusic in 2018, combining two prolific music companies<\/a> to form a formidable streaming company, the most popular in India<\/a>. <\/p>\n\n\n\n

Earlier this year JioSaavn <\/a>launched an MTV-style music TV channel for premium subscribers.<\/p>\n\n\n\n

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