During the Q4 FY24 earnings call, ZEE’s MD and CEO, Punit Goenka said that the need of the hour is to pivot to business to achieve balanced cost structure in order to achieve sustained long term growth.
Category: OTT
TRAI to conduct open house on recommendations on regulatory mechanism for OTT apps
Last year, TRAI had released a consultation paper on the regulatory mechanism for OTT communication services and the selective banning of OTT services.
ICC Men’s T20 World Cup 2024: Disney Star to include an Indian sign language and audio descriptive feed
The audio descriptive feed will be complemented by voice-over technology for specific pages, which can render text and images into a speech output, enabling visually impaired users to easily navigate through the Disney+ Hotstar app.
Netflix continues its bet on live events, signs deal to air NFL
As part of the three-year deal, Netflix will broadcast the National Football League’s two Christmas games this year and then will air at least one game in 2025 and 2026.
Airtel Xstream Play strengthens regional content library, partners with Sun NXT
Some of the other apps on Airtel Xstream Play include Sony LIV, Lionsgate Play, Chaupal, Hoichoi, FanCode, ManoramaMax, ShemarooMe, Alt Balaji, Ultra, ErosNow, EPICon, Docubay, and Playflix amongst many others.
CTV is a pivotal frontier for advertisers today: Max Life Insurance’s CMO Rahul Talwar
A top IPL advertiser, Max Life Insurance’s CMO Rahul Talwar, says, “Between linear TV and connected TV, CTV would be one of those pivotal frontiers for advertisers today.”
Prime Video and MGM International Launch MGM+ on Prime Video Channels
Prime members can purchase an annual add-on subscription to MGM+ at a special price of ₹599 per year.
JioCinema rolls out its new subscription offering ‘JioCinema Premium’
With a focus on multi-segment consumption across Indian households, a ‘Family’ plan was also announced at Rs.89/month which offers the additional benefit of four simultaneous screens access. Existing JioCinema Premium members will now avail all the additional benefits of the ‘Family’ plan at no extra cost.
Netflix soars in Q1 2024: Revenue up 15 percent, operating income surges by 54 percent
The growth in numbers for the quarter was primarily driven by membership growth as well as pricing.
60 percent consumers cancel and resubscribe to services basis availability of desirable content: Report
As per the Accenture report, 47 percent of consumers canceled more subscriptions in 2023 vs. 2022. 73 percent discontinued at least one service and 52 percent cancelled two or more times.