JMD Ventures Ltd. has concluded a board meeting on January 19, 2024, during which the decision to enter the Over-The-Top (OTT) media services landscape was unanimously agreed upon. Recognising the tremendous potential and rapid growth of the OTT industry in India, JMD Ventures aims to launch multiple channels in Hindi and various regional languages. OTT application (Platform) will be in the Name of JMD Cineplex.

In response to the increasing digital penetration and the imminent rollout of 5G services, the board has approved a phased investment plan of approximately INR 40 million through their subsidiary company, JMD Cineplex Pvt. Ltd. These funds will be allocated to technology and high-quality content creation, reflecting JMD's commitment to providing an unparalleled entertainment experience to its audience. JMD Ventures has invested significantly in music studios, producing a wide range of music genres, including Popular Music, Classical Music, Soul Music, Dance Music, New-age Music, Experimental Music, Vocal Music, Electro Music, Devotional Music, Bhajans, Ghazals, and more.

JMD Ventures is poised to redefine the entertainment landscape in India, starting with the launches of its multiple OTT platforms in 2024.