Impact – 22 July 2018

(nextflipdebug5) #1
FEATURE^23

July 22> 2018 [ impactonnet.com ]

THE OTT


NUMBER GAME


(Source: Industry data)

SOME OTT


(OVER-THE-TOP)


VIDEO STATS
Despite problems with
piracy, OTT video revenue
has grown rapidly in recent
years and according to
PwC’s Global Entertainment
& Media Outlook 2018-2022,
India will be among the top
10 largest global OTT video
markets by 2022.

` 2019


` 5595


22.6%


70 %


79.4%


CRORE


CRORE


(revenue from OTT video
in India in 2017)

(projected revenue from OTT
video in India by 2022)

Growth rate

of revenue in 2017 is
attributable to Subscription
on Demand Video (SVOD)
platforms

of total market revenue is
expected to be from SVOD
by 2022
(Source: PwC India)

consuming the internet, more than ever,
to watch new content every single day.
We need new, relevant, entertaining, local,
and quality content that can captivate
these audiences each time. And with the
momentum of growth we are seeing in
the digital viewership, I don’t think there
can ever be enough original content,” he
says, adding that Applause Entertainment
will retain the IP of all the content they
commission and license.
While producing original content,
production houses must also ensure
versatility and create larger universal
appeal to connect with audiences beyond
a certain geography. Citing the example
of the widely popular show Narcos,

Abhishek Rege, Chief Executive Officer,
Endemol Shine India says, “A series like
Narcos established that your content needs
to be multi-territory and multi-season.
Your product and story should be able
to connect with a larger audience. It also
has to lure the audience to binge-watch.
Moreover, platforms can benefit if a series
is multi-season. It is important to create
series that are around 8-10 episodes long,
and gripping enough across all episodes.”
Original content is also a great way
for an OTT service to create a brand with
the viewer and subscriber, adds Ridhima
Lulla, Chief Content Officer, Eros
Digital. “The premise is deep-rooted in
the stories and the culture we are looking

MONTHLY ACTIVE USERS:


ACTIVE USERS:


USER BASE:


ACTIVE USERS:


MONTHLY ACTIVE USERS:


ACTIVE USERS:


MONTHLY ACTIVE USERS:


150 MN


5.37 MN


12.64 MN


3.5 MN


33 MN


9 MN


15.6 MN

Free download pdf