India currently has 423.8 million (or 42.38 crore) OTT viewers, translating into a penetration of 30%, which means three out of ten Indians watched online videos at least once in the last one month. However, there are only 119 million active paid OTT subscriptions in India, across 49 million paying (SVoD) audiences, which is an average of 2.4 subscriptions per paying audience member.
Telecom industry through COAI has been demanding regulating OTT communication services. The telecom industry has suggested levying a "usage charge" for actual traffic carried by OTT on telecom networks. The usage charge will be decided mutually between telcos and OTT Players who must contribute towards creating and developing digital telecom infrastructure in India in exchange for using the services, as per COAI.
Netflix, Amazon Prime Video and Disney+ Hotstar have either cut their per-series budgets or are negotiating with producers to reduce the cost heavily.
Saudi Arabia is taking vital steps to becoming a leading production force within the Arab region, agreed industry experts speaking at a panel on the topic of international co-production strategies for independent and commercial projects held at the Red Sea 360°.
The decision-making behavior of cinema audiences has been altered by the more-than two-year COVID era – and not just by streaming – executives at this week’s CineAsia convention said. It remains to be seen whether exhibitors and distributors can keep pace with a pickier and more easily distracted clientele.
CEO Richard Gelfond talks Netflix's newly visible strategic weaknesses versus the studios, surging big-screen growth in anime and why 'Avatar 2' could reboot the China market for Hollywood.
The Alliance for Creativity and Entertainment has revealed United Media as the latest addition to its expanding anti-piracy coalition. United Media is a major broadcaster in Southeast Europe but the company has more to offer. Criminal referrals, membership of a major anti-piracy group, and links to a company with IPTV-blocking skills, make United Media a special type of partner.
As part of an ongoing piracy liability lawsuit, Internet provider WOW! was ordered to hand over the personal details of hundreds of subscribers to a group of filmmakers. Among other things, rightsholders want to cross-reference the details with YTS and Reddit accounts. With backing from WOW!, several subscribers are refusing to have their identities exposed.
When Viacom18 won the digital media rights for Indian Premier League (IPL) in June this year for Rs 23,758 crore, which was marginally higher than TV rights won by Disney-Star India for Rs 23,575, it demonstrated the potential that the industry was seeing in the online medium
Media Partners Asia (MPA) has released a report titled "Asia Pacific Pay-TV Distribution 2022," which predicts that, excluding China, Asia-Pacific (APAC) Pay-TV revenues will reach $35 billion by 2027. According to the report, total Asia Pacific Pay-TV industry revenues, including subscriptions and advertising, will grow by an estimated 3.5 per cent in 2022 and will grow at 2.1% CAGR of the next few years