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Reliance, Disney form joint venture to merge TV, OTT business in India

RIL to invest $1.4 bn in JV; Nita Ambani named chairperson, Uday Shankar vice-chairperson

Multiplexes' growth to dip 15% in FY25, OTTs crimping profit margins

Revenue growth for multiplexes will slow down to 10-15 per cent in FY25 from the 20-24 per cent expected in FY24, a domestic ratings agency said on Wednesday. The profit margins will widen marginally, but will continue to be lower than the pre-pandemic levels due to the competition faced by the industry from over the top service providers like Netflix and Amazon Prime, the report by Crisil Ratings said. The topline will grow 10-15 per cent to Rs 7,300 crore in FY25, it estimated, adding that in FY24, the revenue growth was higher due to a slew of big-budget releases, especially from Hindi films like Gadar 2 and Jawan, it said. The operating profit will grow by 4 percentage points to 14 per cent in FY24 on the rising revenues, and will widen further to 15 per cent in FY25, the agency said. "But that number (margins) will still be lower than the pre-pandemic level of 18-20 per cent, given the competition from Over-The-Top (OTT) content," the report said. The agency said OTT continue

Nearly 86% internet users access OTT audio and video services in India

The growth of the internet user base is decelerating, according to the report titled "Internet in India 2023" published by the Internet and Mobile Association of India (IAMAI) and Kantar

Additional Rs 10,000 crore capex spent on OTT: COAI to Finance Ministry

In a letter to Finance Secretary Somanathan COAI said a fair charge charge would lead to Rs. 800 crore additional tax revenues

OTT, theatre releases this week: Top 5 movies and series you can't miss

Access to entertainment has become quite easier nowadays due to OTT. However, the craze to watch movies in theatres is still intact. Here are the top 5 movies/series to watch in theatres or OTT

The smart shifts in video

The advent of smart TVs is changing both streaming and broadcasting

OTT releases this week: Watch Star Wars, Poacher series and much more

Upcoming OTT releases this week: If you are keen to watch the latest movies or series this week, your search ends here. Check the latest upcoming series

Upcoming OTT releases this week: 5 best movies and shows to watch

Here are some of the top OTT movies and series to watch this week. From Aarya to Guntur Kaaram, we bring you the top 5 OTT releases this week

Guntur Kaaram OTT release date confirm; Mahesh's movie to release this week

Mahesh Babu's Guntur Kaaram is all set to release on OTT platforms this week. The movie has impressed audience in theatres, and now it is time to entertain OTT viewers

Price wars: Startups, smaller OTTs may be exempted from fair share charge

Telecom industry body says 4-5 large traffic generators need to pay up

HC issues summons to Netflix on film 'Animal' regarding OTT launch

The Delhi High Court has issued summons to Super Cassettes and Netflix on a plea by Cine 1 Studios, a co-producer of Bollywood film "Animal", seeking to restrain the release of the movie on digital streaming platforms and its satellite broadcast. The movie, directed by Sandeep Reddy Vanga, was released in theatres on December 1, 2023 and is set to be released on Netflix on January 26. The high court issued summons to Super Cassettes Industries Pvt Ltd, a co-producer of the film, and Cluver Max Entertainment Pvt Ltd (formerly known as Sony Pictures Networks Ltd) with whom an agreement was signed for granting of satellite rights of the film. Justice Sanjeev Narula said the three defendants shall also file affidavits of admission or denial of the documents produced by the plaintiff, without which their written statements will not be taken on record. Thus, let the plaint be registered as a suit. Issue summons, the high court said in its order passed on Thursday. While Cine 1 Studios P

78% Indians prefer streaming shows on TV, comedy most watched: Study

The report highlighted how access to thousands of shows on various streaming platforms, including Amazon Prime, Netflix among others, has fueled the rise of binge-watching culture

Farzi, Night Manager top 2023 streaming charts in India: Ormax report

The big surprise in Ormax's annual report is the rise and rise of non-fiction on OTT

TV18 Broadcast Q3 results: Loss at Rs 55.8 crore, revenue down by 5.2%

TV18 Broadcast Ltd on Tuesday reported a consolidated net loss of Rs 55.83 crore for the third quarter that ended on December 31, due to investments made on the sports and digital segment. The company had posted a net profit of Rs 37.81 crore in the October-December period of the preceding fiscal, TV18 Broadcast said in a regulatory filing. Its consolidated revenue from operations was also down 5.17 per cent to Rs 1,676.19 crore, compared to Rs 1,767.71 crore in the corresponding quarter a year ago. "Consolidated revenue for the quarter declined 5 per cent YoY to Rs 1,676 crore, primarily due to lower Movie Studio revenue," said an earning statement from TV18 Broadcast. TV18 Broadcast's total expenses were up 5.2 per cent to Rs 1,907.28 crore in the December quarter. However, its total income, which also includes other income, in the December quarter was marginally up at Rs 1,841.32 crore. "News network maintained strong market positions across genres and continued to deliver ...

Animal movie OTT release: Here's when and where to watch the movie

Ranbir Kapoor-starrer 'Animal' will soon be released on the OTT platform. As per reports, the movie is going to be released on January 26 on Netflix

The Kerala Story OTT release date: Here's when and where to watch

As per reports, The Kerala Story finally locked a deal with an OTT platform. The movie might be released on January 12 at Zee5. Here's all you need to know

7 OTT releases of this week: Here's the complete list of upcoming movies

If you are a movie geek, and looking for the latest OTT releases this week, then this is where your search ends. Here are the 7 top movies hitting your screens

Top 5 OTT movies to watch in January 2024, check the complete list below

Some of the top OTT movies or series are going to be released on OTT platforms in January 2024. Here are the top 5 movies to watch in January 2024

OTT releases Dec 2023: 5 new movies and shows to watch online this week

It's the ideal time for your weekly update of the OTT releases and the following seven days have the ideal mix of films and television programs to watch to satiate all your bingeing requirements

Hindutva outfit demands stringent laws to regulate OTT platforms content

It asked the government to ban sexually explicit content completely