Content material aggregator OTTPlay launches subscription service
- All Type News
- on Jun 10, 2022
, a content material aggregator platform backed by HT Media Restricted, is launching a subscription service. The platform gives curated films and reveals Disney+ Hotstar, Amazon Prime Video and Lionsgate PlayAmid the chaos of the leisure business in India, amongst 12 different boards.
Mumbai-based platform launches subscription plans Rs 599 per 12 months—which offers entry to over-the-top (OTT) platforms—and at Rs 1,999Customers get entry to all 12 platforms.
“In the intervening time, there are numerous content material platforms producing films and reveals. We don’t need to be within the manufacturing house. As a substitute, we’re constructing an answer the place customers don’t should surf via a number of platforms. have, many keep in mind, passwords, and attempt to see if there is a piece of content material they need to see,” Avinash MudaliarOTTplay co-founder advised your story at an occasion on Thursday.
“As a substitute, we’ve got created a single platform the place shoppers can come and select no matter they need to watch,” he stated.
The platform, which was launched in 2021, goals to accomplice with a complete of 25 platforms, together with Namma Flix, a Kannada language OTT platform. OTTPlay already launched hallmark films now And fuse+Each haven’t been launched individually in India.
OTTPlay subscription plans begin at Rs 599
The OTT aggregation comes at a time when the viewers is bombarded with content material from 30-40 platforms that both present content material without spending a dime or in alternate for a subscription price. OTT platforms working in India may even should maintain the worth delicate market of the nation. In line with a report by Ernst & Younger (EY), in April 2022, solely 10 p.c of the 503 million customers who had entry to those platforms have been paying to observe content material.
Over the previous few months, the video streaming big has additionally been shedding steam, with Netflix shedding subscribers for the primary time in a decade. Its opponents, together with Amazon Prime Video and Disney+ Hotstar, don’t disclose person numbers.
Providing a small subscription price, which offers entry to a number of platforms, may fit for a market like India. not too long ago, mx participantThe corporate, which is owned by Occasions Web, launched a watch-now-pay-later service, as a substitute of a full-year subscription quantity, to draw paid customers.
amazon prime video Additionally began a film rental arm to allow folks to pay per film as a substitute of paying a lump sum membership price. Presently, Google-owned YouTube and Google Play Motion pictures & TV, amongst others, supply film rental companies as effectively.
OTTPlay at present claims to be 5 million customersOut of which about 60 p.c is from metro cities and the remaining 40 p.c from Tier-II cities. Avinash says, “Going ahead, we’re taking a look at partnering with extra regional language gamers like Bhojpuri or Punjabi to herald extra audiences from exterior the metropolitan cities.”