JioSaavn (formerly known as Saavn & JioMusic) is an Indian music streaming service and a digital distributor of Bollywood, English and other regional Indian music across the world. Since it was founded in 2007 as Saavn, the company has acquired rights to over 5 crores (50 million) music tracks in 15 languages. JioSaavn is a freemium service; basic features are free with advertisements or limitations, while additional features, such as improved streaming quality and music downloads, are offered via paid subscriptions. On 23 March 2018, Saavn announced the merger with JioMusic in a deal worth more than $1 billion. The merger was completed in December 2018, with Saavn being rebranded JioSaavn.