MPW Repeat Winners: Meet Jyoti Deshpande, the brain behind the stupendous success of Jio Studios

MPW Repeat Winners: Meet Jyoti Deshpande, the brain behind the stupendous success of Jio Studios

Lights, Camera and More Action!

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Jyoti Deshpande  53, President-media & Content Business, Reliance IndustriesJyoti Deshpande 53, President-media & Content Business, Reliance Industries
Krishna Gopalan
  • Nov 12, 2024,
  • Updated Nov 12, 2024 8:45 PM IST

Without a doubt, 2024 has been a remarkable year for Jyoti Deshpande. Jio Studios, the media platform and content business of Reliance Industries, which she oversees, was responsible for more than half of India’s net box-office collections of Rs 2,000 crore.

The year began with the success of Article 370, as Laapataa Ladies emerged as India’s official entry for the Oscars. Nothing, however, has surpassed Stree 2, a comedy horror film that was released on August 15 and has grossed over Rs 600 crore.

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“The acumen lies in greenlighting the right project,” she says. She incubated the business, and in six years, it has produced 150 films and web series in various Indian languages. And this Diwali, Rohit Shetty’s Singham Again opened to a good response in the first week.

For Deshpande, the future will, to a large extent, be determined by technology. “We want to use it to bring scale, quantity, and a new breed of storytellers,” she says. The show has barely started.

Without a doubt, 2024 has been a remarkable year for Jyoti Deshpande. Jio Studios, the media platform and content business of Reliance Industries, which she oversees, was responsible for more than half of India’s net box-office collections of Rs 2,000 crore.

The year began with the success of Article 370, as Laapataa Ladies emerged as India’s official entry for the Oscars. Nothing, however, has surpassed Stree 2, a comedy horror film that was released on August 15 and has grossed over Rs 600 crore.

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“The acumen lies in greenlighting the right project,” she says. She incubated the business, and in six years, it has produced 150 films and web series in various Indian languages. And this Diwali, Rohit Shetty’s Singham Again opened to a good response in the first week.

For Deshpande, the future will, to a large extent, be determined by technology. “We want to use it to bring scale, quantity, and a new breed of storytellers,” she says. The show has barely started.

ABOUT THE AUTHOR

Krishna Gopalan

Based in Mumbai, Krishna Gopalan has reported across sectors that include telecommunications, cement, media and entertainment, private equity, consumer and metals. His current job profile entails writing on large conglomerates for which he interviews prominent CEOs. Krishna has a deep interest in business strategy and is intrigued by why organisations do what they do. His writing experience of over 25 years has had stints in The Financial Express, The Economic Times, Fortune India and Outlook Business. At Business Today, he contributes to the magazine, online and also appears on television.

Krishna reads widely on business, politics and Indian history. A Chevening scholar (batch of 2007), he spent three months in the UK that included an internship with the Financial Times in London. He is a published author with his first book, The Making of Don, based on the 1978 Hindi film starring Amitabh Bachchan, hitting the stands in 2013. Academically, he is a postgraduate in Economics from the University of Madras and holds an MBA from NMIMS, Mumbai.

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