Over-the-top (OTT) services were undoubtedly the centre of attraction in 2017. The boom in India’s internet users, mainly aided by the growth of Reliance Jio, ensured that OTT players got the right reception and target audience. Not just mainstream TV broadcasters but even smaller players exponentially increased their consumer engagement on digital.
Viewership increased as data cost decreased. Consumers were entertained and content makers got a boost to create fresh stories. The online content library was flooded with genres like comedy, thriller, drama, romance, rom-com, suspense, action, humour, reality, etc.
Regional India was the focal point for 2017 and will continue to be in 2018. It also enabled new companies to take a risk in the OTT space. Tamil, Telugu, Malayalam, Kannada, Bengali, Marathi, Punjabi and Gujarati languages have been pampered the most by the creators.
Comedy emerged as the ultimate king in 2017 along with the rise of stand-up comedy. Ideas increased and so did production cost due to competition. Movies jumped over TV to directly go for digital movie premieres. However, this turned out to be a costly affair for OTT players but a good bargain for producers.
Another trend was of creators holding IP rights for content instead of the platform.
There’s no shortage of OTT platforms now, just like the rising number of TV channels. Let’s take a look at how some of the main players performed last year.
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