Streaming video market: Every brand is trying to find its special place

Millennials, diaspora, languages, sports… The question of what gaps to occupy is driving the OTT game


Current Affairs News: Nila Nila Odivaa (Oh Moon Come Here) is the story of Nila, a vampire in love with Om, a human being. The 13-episode series, aimed at millennial Tamilians, will start streaming on Viu from July 24.It is one of the four Tamil shows Viu, a part of the Hong Kong-based $4.7 billion PCCW, will launch.
The Rs 10 billion Eros International’s Eros NOW either owns or aggregates 70 per cent of the intellectual property (IP) of Indian movies in the last 10-15 years. Of its 100 million registered users, more than 7.9 million pay an average of $5 a month (in India) and $30 (overseas) to watch films, making it one of the largest pay-apps from India.
Marathi, Tamil and Telugu are among the most watched languages on Zee5, the Rs 71.3 billion Zee Entertainment Enterprise’s video app. Launched earlier this year, Zee5 has commissioned more than 200 hours of original content each in eight Indian languages. “Our game is languages,” says Tarun Katial, chief executive officer, Zee5 .
Welcome to rush hour
In India’s crowded streaming video market, every brand is trying to find its special place. At the top of a heap of the 35 odd video apps sits the $11.6 billion Netflix, known for its cutting edge originals such as the recently released Sacred Games. “We are not into sports or news. We do well servicing the niches. Of the $8 billion on content in 2018, a majority goes to originals,” says Ted Sarandos, chief content officer, Netflix. Many Indian OTT brands are now beginning to agree.



Article Source-> BS

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