Sony Pictures Networks India appoints new MD and CEO
Gaurav Banerjee will succeed NP Singh, who will move into the role of Non-Executive Chairman after a 25-year tenure.
Gaurav Banerjee will succeed NP Singh, who will move into the role of Non-Executive Chairman after a 25-year tenure.
During Q1, Evision demonstrated significant growth, reaching a milestone of over 5.5m users.
The companies will be combining their respective Star India and Viacom18 units into the newly created Star India joint venture, valued at roughly $8.5 billion on a post-money basis, excluding ...
Canal+'s investment in Viu currently stands at approximately $300m, with the option to increase its stake to 50% retained.
This partnership will also grant viewers access to most popular on-demand content, featuring the latest premium originals and an extensive library from the Hotstar Specials catalogue.
Enhancing the coalition's efforts in combating global piracy, IBCAP now safeguards renowned channels from a prominent Indian media and entertainment company.
Streaming services in Asia Pacific continue to extend their catalogues to bolster market positioning.
Streaming companies and TV broadcasters can better target their audience if they have the right data and know how to analyse it.
With a market share of 29% of India’s 171m subscribers, the SVOD player shifts to focus on profitability and ARPU.
The current Astro streaming app roster includes Netflix, Disney+ Hotstar, HBO GO, iQIYI, BBC Player, TVBAnywhere+ and beIN Sports Connect.
Carretta will report directly to Heather Hust Rivera, Senior Vice President of Communications for Disney Media and Entertainment Distribution.
According to the research, Netflix will remain on the top, with $30bn expected by 2027.
India will continue its growth, adding 92m subscribers in the coming years to reach 176m in 2027.
Zee will be the only TV broadcaster for ICC men’s tournaments in India till 2027, while Disney+ Hotstar will retain digital rights for the matches.
From December 2022, Disney+ with ads will cost $7.99 per month, the same price the company now charges for the ad-free version.
In 2022, the APAC SVOD sector (excluding China) is expected to grow by 25% year-over-year to $12bn.
In subscription terms, Netflix will add 60m subscribers between 2021 and 2027, but Disney+ is expected to overtake it by 2028.
Overall, Disney reported a revenue of $21.82bn and adjusted earnings per share of $1.06 cents for the period.
Johannes Larcher, head of HBO Max International, will take over Malhotra's responsibilities for streaming in the region.
Overall, global SVOD subscriptions will increase by 491m between 2021 and 2026 to reach 1.64bn.
Overall, the company grew revenue 45% compared with Q3 of 2020 to $17.022bn, with net income rebounding from the $4.7bn loss in Q3 2020 to a profit of 9223m.
The movie, which premiered on Disney+ Hotstar in India, will release across UAE cinemas on August 5.
His debut series is a remake of the award-winning British show 'Luther’, starring Idris Elba.
Online video subscriptions revenue grew by 142% in India in 2020, with SVOD revenues rising from $265m in 2019 to $639m at the end of 2020.
Disney+ will only have more subscribers than Netflix in one country, namely India, according to analyst Digital TV Research.
Disney+ Hotstar operates on a freemium model where it offers some content on a free ad-supported model, unlike Disney+, which only offers paid subscriptions.
The figure includes subscribers for Disney+ in collaboration with Hotstar in India and Indonesia.
Shankar will remain with Disney’s direct-to-consumer and international segment through the end of 2020 to help appoint his successor and ensure a smooth transition.
The Android TV enabled device provides content from linear TV and a host of OTT apps onto a television screen.
Launched five months ago, the streaming service is now available in more than a dozen countries across the world.
Disney also revealed the paid subscriber numbers for ESPN+ and Hulu as 7.6m and 30.7m, respectively as of February 3.