Movies, cricket, online gaming and music gaining traction, Amazon said.
A report by PwC indicates that India’s OTT video market is expected to grow at a 21.8% CAGR from Rs 4464 crore in 2018 to Rs 11976 crore in 2023.
Meanwhile, a piracy copy of Krack has surfaced in several websites on the internet.
The biggest beneficiary has been the six-year-old app “Signal” which added 2 million users worldwide within 12 hours of WhatsApp policy change announcement.
It is estimated that half the world will watch content on hand-held devices by 2025. With a multitude of leisure alternatives, films, including those made by Bollywood, have to compete with texting, social media, gaming, sport, live events, streaming audio and video, adventure, and even travel and dining out.
While Comscore, Nielsen and Screen Engine/ASI are now tracking SVOD performance (mostly for clients), studios don’t yet have an incentive to share numbers like they do for box office returns.
After a year of staying away from movie theatres and binging on OTT, experts from the entertainment industry lay out their expectations from Budget 2021.
Rights holders want the online platform to license content. But Twitter uses the DMCA - and it wants to charge to expedite takedowns.
Startups have many concerns about the bill in its current form — such as compliance costs, restrictions on cross-border data flows and respect for IP rights.