India’s video entertainment market is in a transition phase, with total consumer spend slipping 2 per cent in 2024 to INR713.6 billion (€6.92bn), reports Futuresource Consulting. The Video Insights India report reveals pay-TV and box office declines weighed on the market, while SVoD powered ahead with double-digit growth. “In India, streaming is no longer an […]
The Internet and Mobile Association of India (IAMAI) has announced the appointment of Kiran Mani, CEO – Digital, JioStar, as the new Chairman of the Digital Entertainment Committee. The committee will play a role in shaping the future of India’s rapidly evolving digital content ecosystem. Mani, who is also an elected Governing Council member of […]
JioStar, the recently formed JV with the merger of Viacom18 and Star India, has announced the launch of JioHotstar, bringing together JioCinema and Disney+ Hotstar – two of India’s leading streaming platforms. This coming together of brands creates a platform with close to 300,000 hours of entertainment, a wide array of live sports, and more […]
Disney+ Hotstar’s exclusive broadcast of Coldplay’s Music of the Spheres World Tour concert in Ahmedabad attracted 8.3 million views and garnered 165 million minutes of watch time. Viewers tuned in from all parts of the country with Maharashtra, Gujarat, Karnataka, NCR Delhi, Uttar Pradesh, Tamil Nadu and West Bengal contributing 85 per cent viewership. Streaming […]
The Future of Video India conference welcomed over 130 senior government and industry leaders in Mumbai for a day of discussions centered around one of the most vibrant and burgeoning video markets in the world. Anil Kumar Lahoti, Chairman of Telecom Regulatory Authority of India (TRAI) and Sanjay Jaju, Secretary, Ministry of Information & Broadcasting […]
Global SVoD subscriptions will increase by 321 million between 2023 and 2029 to reach 1.79 billion – showing continued growth, according to forecasts from Digital TV Research. The US will add 30 million subscriptions, following by Brazil (up by 23 million) and India (27 million). Six US-based platforms will have 946 million SVoD subscribers by […]
Asia Pacific OTT TV episodes and movie revenues will reach $49 billion (€45.7bn) in 2029, up from the $34 billion recorded in 2023, according to the Asia Pacific OTT TV and Video Forecasts report from analyst firm Digital TV Research. This comes despite China, the world’s second largest market, maturing rapidly and India experiencing SVoD […]
Research from Ampere Analysis reveals that India’s leading streaming service, Disney+ Hotstar, has changed its strategic focus in response to rising costs, in particular sports rights costs. Rather than pursuing new subscribers at any price, the player is pivoting towards a focus on profitability and increasing ARPU (Average Revenue per Subscriber). Despite recent subscriber declines, […]
Disney’s international content and operations group has announced the appointment of Sajith Sivanandan as executive VP and head of Disney+ Hotstar. Sivanandan will oversee Disney+ Hotstar’s overall business operations in India with direct responsibility for defining the streaming service’s strategic business priorities and charting its product roadmap. He will also work closely with local leadership […]
The Asia Video Industry Association (AVIA) hosted over 850 delegates and featured over 80 industry leaders at the recent OTT Summit, with conversations largely revolving on the subject of growth, from subscriber and revenue growth to increased local content investment and an intense focus on the customer. In discussing the outlook for the video industry […]