Jio Cinema to shut down: Attention JioCinema subscribers Mukesh Ambanis OTT platform could soon be shut down. JioCinema witnessed tremendous subscriptions because of IPL matches. Specially youths took the OTT platform’s subscriptions because of movies and free streaming of cricket matches. Notably when Reliance Jio announced free IPL streaming on its platform it jolted the entire OTT market. However now Mukesh Ambani might take a major decision regarding JioCinema in the coming days.