OTT giants expected to spend Rs 2824.9 cr on original content in India in 2021: Report

Netflix, Amazon Prime Video and Disney+ Hotstar together may dwarf the collective investment of Rs 2080 crore by local OTT players, according to London-based tech research firm Omdia

e4m by exchange4media Staff
Published: Dec 11, 2020 8:43 AM  | 5 min read

Buoyed by the growth in 2020, over the top (OTT) giants Netflix, Amazon Prime Video, and Disney+ Hotstar are expected to up their original content investment in 2021.

London-based technology research and consulting firm Omdia has projected that the three OTT players are expected to collectively spend approximately Rs 2824.9 crore ($383 million) on original content in India, dwarfing the Rs 2080 crore ($282 million) by local OTT players.

The local operators include the likes of Eros Now, SonyLIV, MX Player, Voot, ALTBalaji, Jio TV + Jio Cinema, Hungama Play, and others. The OTT players are collectively expected to spend Rs 4905 crore ($665 million) in 2021.

The report data is part of Omdia's report titled '2021 Trends to Watch: Indian Pay TV & Online Video Market'. It t has been authored by Principal Analyst, Consumer Constantinos Papavassilopoulos and Senior Analyst, Consumer Ismail Patel.

The report noted that the huge investment in online video is also indicative of the shift from traditional to online, despite massive efforts to upgrade the cable TV network in India, which has reached full digitisation.

It further stated that the COVID-19 pandemic put pressure on cinemas and forced content owners to look at online distribution platforms. Likewise, operators are investing in hybrid STBs (principally Android TV), to take advantage of the shift to online.

With this backdrop, India will become a key market for growth in OTT video during 2021, the report said.

The online video market in India is experiencing an impressive increase, growing 50-fold in subscription numbers between 2015 and 2019 on the back of original local content. According to Omdia, companies have recognised the importance of this segment, so a big spike in original content investment is expected in 2021.

"Investment in Indian original content has grown exponentially since 2017, triggered by the entrance in the market of the US giants: Netflix and Amazon Prime Video. The two US OTT services have, in essence, transformed the Indian content production sector – not just by the sheer amount of investment, but by establishing content creation for online distribution as separate and independent from the TV business. Until 2017, when Netflix and Amazon released their first Indian originals, the Indian OTT platforms were dominated by content initially produced for TV," the report said.

Netflix and Amazon Prime Video are the two largest investors in Indian original content. Omdia estimates that in the three-year period 2017–19, both have invested almost Rs 3687.9 crore ($500 million). The Indian OTT players are gradually scaling up their investment, and Omdia intelligence indicates that they will match the level of spending of the US giants in 2021.

Omdia data shows that during the 2017–19 period Rs 6195.7 crore ($840 million) in total was spent on original content production in India. Investment in originals is forecast by Omdia to grow sixfold and during 2021–25 will total Rs 30,097.8 crore ($4.2 billion). Around 45% of that investment will be spent by the US giants – with the major Indian OTT video services spending much of the remaining 55%.

This trend will become more prevalent in 2021. The COVID-19 lockdown and the relevant restrictions on TV and film shooting resulted in the postponement of around 30% of the projects programmed to start in 2020. Omdia predicts that the 2021 budgets will be around 15–20% higher, due to having to accommodate the 2020 postponements.

The trend in 2021 will be helped by other factors, such as the intention of Disney to considerably increase its original production budget up to 2025. Sony India is another example, committing to produce 40–50 originals per year.

Omdia expects more than 400 original titles to be released in 2021 from US and Indian players, with the total of original productions moving closer to 1,000 per year by the second half of the decade.

The original production in India is also supported by the popularity of its content globally, offering the OTT players further options for monetisation.

India had around 40 OTT services in early 2020. Omdia expects this number, through a range of mergers, acquisitions, and business partnerships, to drop to around 20 by 2025.

The Indian film industry is one of the most prolific movie businesses globally, producing around 2,000 films per year, generating revenue of Rs 19,177.4 crore ($2.6 billion) in 2019, selling over 2 billion tickets, and providing employment opportunities for millions of Indians. The COVID-19 pandemic has delivered a heavy blow to the business model of this industry.

Cinemas have been closed since March 2020 and a planned re-opening by the end of October 2020 will feature a drastic reduction in their capacities due to social distancing measures. Multiplex owners complain that under the new rules they are about to lose around 40% of their pre-COVID revenue.

Restrictive measures in theatres are not the only concern that multiplex owners are facing: the closure of theatres has forced film producers to exploit other models for monetizing their assets. One such model is releasing blockbuster films on OTT platforms.

Amazon Prime Video, Netflix, and Disney+ Hotstar were the first services to benefit, acquiring exclusive rights for several major Bollywood films that were about to be released theatrically in 2020. Indian OTT players like ZEE5, SonyLIV, and Voot Select are also following this path and, with the future unclear, Omdia anticipates this to be a prominent trend during 2021.

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Consumers are sitting on a gold mine: Thomas Been, DataStax

Been talks about how a host of new tools are revolutionizing the way organizations utilize AI and big data, and more

By Shantanu David | May 29, 2023 8:50 AM   |   5 min read

Thomas Been

With Gartner predicting that 70% of in-house applications will include AI by 2025, data companies stand at the forefront of this transformative technology that will shape the future of business. Within the next three years, every company is going to require a strategy to incorporate AI and ML into their business and applications. The problem is that most companies are struggling with their real-time data strategies. And that’s where DataStax comes in.

The real-time data company looks to make it possible for customers to overlay an AI pipeline on their real-time data to make real-time AI accessible and part of their business process. 

exchange4media spoke to Thomas Been, CMO, DataStax, about how a host of new tools are revolutionizing the way organizations utilize AI and big data, and how the company is helping to drive that revolution through Real Time AI, and why it’s different from Generative AI.

As Been defines it, Generative AI is a set of models that tap into a broad knowledge. “Everybody talks about ChatGPT, which has trawled the web for a long time. Generative AI produces content, images based on its knowledge. So you ask it something and it's going to produce something that looks good. It repeats the patterns that it has seen in other content (which sometimes it's true, sometimes it's not; that's something that marketers need to keep an eye on), which is extremely useful because it's very, very productive.”

Meanwhile, “Real Time AI is actually a different type of AI which is born of a different family called Predictive AI, which is able to understand based on information that's available, as an example, how a customer is going to understand the context.”

So Real time AI is really enabling marketers with the ability to decide in a moment and really build these experiences. “We talk about it as the consumer experience but real time AI allows the ability to make informed choices very quickly and actually instead of just trying a few things to see what sticks from start to the outcome.”

“It’s not let's try hundreds of offers and see which one has the most success but really knowing and having the confidence that you know the customer that's going to show up. The outcome is that the customer takes the offer, so it really changes the way you think about your experience, your call to actions. I think it also changes the game because everything happens in an instant,” says Been.

He points to the fact that when you or I search for a particular product or service, we are then inundated with offers by brands in those categories for the next few days, through mails, banner ads, and even newsletters. “The thing is, by then, you’ve probably already ordered that lunch, bought tickets for that trip, purchased those pants. So responses need to be faster, in real time in fact.”

That also of course leads to the larger narrative, of how companies use consumers’ own data to draw them in.

“I think our customers are sitting on their own goldmine and that gold is data. We are the shop where you buy it, and we are happy to help you turn that gold into even more value,” says Been adding that as a cookieless future becomes more imminent, marketers should absolutely look at other sources of data, all of which will be needed to fuel AI capabilities.

“There will be information coming from their partners from other services that that's going to help AI. I think brands will also develop ways to provide an improved experience and immersives for their consumers and users. I'm thinking about technologies like augmented reality and virtual reality.”

When it comes to these, Been says Gaming is a perfect example. “To me, gaming is the top experience you can have today. It's completely immersive, driven by loads of real time data, and AI is already present. And I'm not talking about the gamification of brands, like ‘you have to give me badges and points’, but in getting inspiration from gaming, in terms of experience.”

One of the biggest trends is AI getting even more connected to the consumer experience. As Been explains, “There's a company called Uniphore, which is actually an Indian company that does AI and sentiment analysis on the fly during sales calls. They're one of our customers, and that's also the power AI gives to marketers and salespeople. The ability to understand as you're talking to somebody, what the reaction is, what are the topics that are hitting the point, so you can react to them accordingly as they are talking so that's very, extremely powerful.”

“So these are the tools that marketers can bring together, where they combine some of these technologies with data and AI, and I think that's where the future is going to be,” concludes the Datastax CMO.

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Will Yaccarino’s Twitter bring brands back on board?

Being an advertising veteran, Yaccarino is expected to collaborate with advertisers and turn the platform positive for marketers, say brand experts  

By Nilanjana Basu | May 29, 2023 8:40 AM   |   5 min read


It has been two weeks since Elon Musk announced that Linda Yaccarino, ex-NBCUniversal advertising head, will be the new CEO of Twitter. Although there are a few weeks left for her to take over as the top exec, the expectations from Yaccarino are quite high already.

Being a huge influence in the advertising space and driving NBCUniversal’s growth, Yaccarino has been a name synonymous with the glam world of marketing and advertising. She was a key member in the launch of the ad-supported Peacock streaming service for NBCUniversal and she is said to be a great candidate for luring back advertisers to the social media platform after the setback last year post-Musk’s takeover.

Before the new CEO announcement, research firm Insider Intelligence in April cut Twitter’s global ad revenues forecast by 37%. “This is the second consecutive downgrade since Musk first offered to buy the company in April 2022. In Q3 2022, we decreased our outlook for the company’s ad business by 30% compared with the prior forecast,” the report said.

According to a source-based report by a business publication, GroupM removed its “high risk” classification for Twitter, and informed its clients that they are “cautiously optimistic” about Yaccarino’s appointment. GroupM had classified Twitter as “high risk” last November after Elon Musk’s $44 billion takeover. We reached out to GroupM for comment on the same but it was denied.

In India, Mondelez also said that it would pause paid-ads on the platform when Musk took over in November. A plethora of global brands also went off Twitter advertising. But with Yaccarino’s appointment, will there be a change in the way brands and advertisers in the country approach the platform? What are the expectations? We asked experts.

Savior for Twitter’s ad revenue?

Brand expert Lloyd Mathias believes Yaccarino’s appointment could be a game-changer for ramping up advertising revenues on Twitter. “Linda Yaccarino’s appointment is a slightly late acknowledgement by Elon Musk. Twitter will need the support of advertising to stay afloat. Everyone knows that Twitter's financials are in a deep mess. When Musk took over, he thought he could convert the business model seamlessly into subscription plus commerce. That obviously has not taken off. So now, I think there's a clear acknowledgement that if Twitter has to grow, it can grow at the back of getting advertisers to advertise on the Twitter platform.

Therefore, you're getting an advertising specialist, someone who spent many years with NBCUniversal advertising, sales and marketing. She will be on the front in terms of getting advertisers back into the platform. A lot of them have left the platform in the last one-year because Twitter became very toxic. I think, hopefully, she'll bring some stability.”

Speaking about the impact on Indian advertisers, Mathias said it was better to wait and watch. “With somebody who understands what clients want, what advertisers want, I think there will be a change in some of the things the way Twitter is doing it. So, one is to ensure that advertisers have a slightly safer environment to advertise. Advertisers do not want to be in a very controversial place. Once she's able to impact that element, I think it'll be positive; it will see a lot more advertisers wanting to come back. But like I said, for now, it's a wait-and-watch. People will need to see how the platform is changing. Right now, it is not obviously one of the most-favoured platforms, advertisers spend a lot more on channels like YouTube, Facebook, Instagram and WhatsApp. But I think over time, one will need to see how it evolves. But the fact that there is a change, a much-needed change and hopefully some fresh thinking, is very positive.”

Amit Dhawan, Partner and CEO, Art-E says Yaccarino could use her knowledge and her commitment to diversity to drive growth among Indian users. “Considering her background and extensive experience, it is likely that she will prioritize the growth of Twitter's advertising business by actively collaborating with advertisers in the Indian community and jointly developing solutions. Notably, in her recent series of tweets, Yaccarino has emphasized the word "together" multiple times, suggesting a focus on fostering partnerships and implementing region-specific enhancements, particularly in user targeting. Given her profound understanding of the global media landscape, she may also concentrate on expanding Twitter's presence in new markets and engaging with a broader user base in all regions. As a visionary leader, Yaccarino is expected to explore innovative ways to leverage technology and enhance Twitter's value for Indian users. Furthermore, her commitment to diversity and inclusion suggests she will work towards making Twitter a more inclusive and welcoming platform for all Indian users.

As for Viren Razdan, Managing Director at Brand-nomics, brands will be Yaccarino’s biggest focus. “Yaccarino comes with a solid story from ad sales at top media brands, known for her tough negotiation and relationship management skills with top honchos. She has been nicknamed ‘the velvet hammer’ for this blend of tough and soft effective approach.

Post Musk’s takeover of Twitter many big advertisers almost abandoned the platform weary of how the brand association would work. Enter Yaccarino - to reverse this slide back. While Musk and company fine-tune the product, Yaccarino is to ensure the platform syncs to the tune of the brands.”

“Yaccarino is riding heavy on her reputation. What really is to be seen is how she brings brands back on the platform, and how makes the engagement sing,” Razdan added.






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Agencies for AI regulation in India

TechTalk: This is the first of a two-part series that explores what advertisers and agencies want from upcoming regulations on Generative AI

By Shantanu David | May 29, 2023 8:14 AM   |   6 min read


As human calls to regulate rapidly growing AI capabilities, particularly Generative AI tools like ChatGPT, grow louder, with OpenAI CEO Sam Altman to Apple’s Steve Wozniak to X’s Elon Musk demanding government oversight if not all out pausing development of AI capabilities, India has chosen a different path.

After hemming and hawing over fears that regulation would stifle innovation and entrepreneurship, India's digital and technology authorities have announced that the long-awaited Digital India Act will include provisions for setting guardrails for AI. Union Minister of State for IT and Electronics Rajeev Chandrasekhar told a news agency that the Act will regulate AI and emerging technologies through the ‘prism of user harm’, while noting that India has its own ideas on AI regulation.

“Are AI regulations important? Certainly! AI-based applications can possess serious short and long-term negative impacts when deployed incorrectly - intentionally or otherwise,” states Anand Chakravarthy - Chief Growth Officer, Omnicom Media Group India, adding “In advertising and media – many new-age AdTech and MarTech tools use or claim to leverage AI as their core USP. These platforms or tools are likely to be affected by new AI regulations as well as by Data Protection regulations.”

““It's one of my areas of greatest concern. Let's not ignore the words of Sam Altman, the architect behind one of the most groundbreaking AI technologies of our time. If we don't start considering the importance of AI regulation now, we risk the potential misuse of this powerful technology in the future,” cautions Samir Asher, Co-founder and COO, at Tonic Worldwide.

“Picture this: AI technology taking the advertising and marketing industry by storm. On one hand, the benefits are too tempting to ignore. On the other hand, the thought of privacy invasion and data misuse can send chills down our spines. AI can delve into vast amounts of personal data to sculpt detailed user profiles. But without the right permissions or protections, it's like peeking through someone's window,” he says.

“Worse, if this data strays into the wrong hands, it could spawn nightmares like identity theft or fraud. And yes, AI can track our digital breadcrumbs across different platforms, serving up ads that hit the bulls’ eye. With access to data and detailed user profiles, it could unfortunately also streamline large-scale spamming and phishing efforts. This misuse could open the floodgates to potential scams or data breaches,” adds Asher.

AI has been a part of the media industry and has shown tremendous growth over the years. Platforms like Google and Meta have consistently been using AI-based optimizers that enable campaign execution through their platforms.

Over the last few years, we have seen a significant increase in the number of AdTech tools claiming to be using Advanced AI, says Chakravarthy, noting, “At the heart of AI is the usage of historical data to train models so that they are able to automatically make decisions when put to use. So, one of the most critical aspects when using any AI application or tool is the quality of data that was used to primarily train the AI model. This is where the larger problem exists. When historical data is flawed or skewed or biased in any way, this flaw will be carried forward and propagated by the AI application.”

John Paite, Chief Creative Officer (ART & TECH) Media.Monks India, agrees, observing “AI gets trained under thousands of models and may not be able to categorize race, gender and other ethical matters. End users will need to have a QA team to monitor outputs before publishing them. In conclusion, we have to be responsible and use it with precaution for anything that is AI-generated as it is randomized and consistency is still a big issue.”

Vijay Varshney, Head of Technology, MESA at Smollan, believes that addressing certain areas within the advertising and marketing industry is crucial when it comes to AI regulations. Promoting transparency in AI-powered advertising, particularly in the retail sector, can build trust among consumers through personalized product recommendations.

“I also believe there is a need to strengthen consumer protection laws, such as the existing Consumer Protection Act of 1986 in India, to safeguard against biased, deceptive practices and false claims about products driven by AI-based marketing algorithms. By doing so, we can enhance transparency in the industry. It is important to recognize that the integration of AI technology in the retail industry is an ongoing journey,” says Varshney, adding it is therefore necessary to amend and update associated laws in a timely manner, ensuring they keep pace with the evolving landscape and effectively address the challenges and opportunities presented by AI-driven marketing.

Vivek Kumar Anand, Chief Business Officer, DViO Digital agrees that the need for AI regulation has ignited a spirited debate within various business communities, and he prefers to take a different view.

“In a written statement, IT and Telecom Minister Ashwini Vaishnaw clarified that the Indian government does not plan to introduce laws to restrict the growth of artificial intelligence. However, it was acknowledged that ethical concerns and risks surround AI, prompting government agencies to embark on efforts to standardise responsible AI practices and foster their widespread adoption.”

The perspective resonates with the viewpoint of Yann LeCun, the chief AI scientist at Meta, who chose not to endorse the open letter advocating for AI regulation. LeCun believes that demanding safety measures for current AI systems, which possess limited capabilities, is premature.

“I align myself with this standpoint. Imposing excessive and stringent regulations at this early stage of exploring AI's potential could stifle creativity and impede the development of valuable AI-driven advertising technologies. Thus, regulations should strike a delicate balance between promoting innovation and ensuring responsible AI use,” says Anand.

“Since advertising and marketing is an industry that directly speaks to the general audience there are several things that have to be caveated. Plagiarism and infringement of copyright has to be checked before publishing any form of content. There are other AI platforms that can quickly help the process,” adds Paite.

“With Deepfakes in advertising, a company could whip up a video featuring a popular celebrity seemingly endorsing their product. However, this could potentially lead consumers down a misleading path and tarnish the reputation of the unsuspecting individuals involved. AI can also perfectly mimic the voice of a famous personality or a loved one, says Asher, concluding “While we embrace AI's perks, we must avoid crossing into discomfort, privacy breaches, or manipulation.

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YouTube to soon have 30-sec unskippable ads for CTV

This will replace the current format of two 15-second ads

By exchange4media Staff | May 26, 2023 11:53 AM   |   1 min read


YouTube has said it will be introducing new ad offering for 30-second unskippable ads on connected TVs, media networks have reported. As per YouTube this will enable a "richer storytelling".

This will replace the current format of two 15-second ads that are aired in a row.

YouTube Select offers marketers the chance to spend on curated content in various categories.

As per media reports, YouTube Select gets over 70% impressions on TV.

Experts say YouTube helps to build a large and loyal user base over the years.

The creator community has been key in building a bond between businesses and consumers, and enables brands to focus on a difficult-to-reach demographic.

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'Collaborators have one goal – make the idea big!’

Day 2 of Goafest 2023 saw a panel of experts coming together to discuss how content creators and agencies can create a thriving creative community

By exchange4media Staff | May 26, 2023 8:56 AM   |   3 min read


On day 2 of Goa Fest, experts spoke about collaboration and how it can work wonders for campaigns, helping them reach millions and shaping brands.  

This session narrowed down the connection between content creators and collaborators and the need to foster a thriving creative community.  

OMS Digital, a part of the Times Group presented the ASCI Creators Session, titled 'Creator Calling Creator.’  

The session was moderated by Subhash Kamath - Former CEO, BBH & Publicis Worldwide, India and Former Chairman - ASCI. The panellists included Rajdeepak Das - Chief Creative Officer and CEO, Leo Burnett, South Asia; India & Chairman, Creative Council, Publicis Groupe - South Asia; Shreya Agarwal - Head of Filter Copy, Pocket Aces; Smruthi Rajagopalan - AGM Maybelline, L’Oreal and Prableen Kaur Bhomrah, Beauty, Fashion, Body Positive & Lifestyle Influencer.  

Das started with an interesting observation about creativity: "The best thing about the best Creativity happens when you don't have many options or resources.” 

Conversely, he said that the worst type of creativity happens when you have a lot of options. 

Speaking from the perspective of creators who have to speak on behalf of brands, Bhomrah said, "Our followers are the inspiration that drives us. They give us validation. When I started, some brands asked me to do things I didn’t believe in. I stood against it and that's when I started my no-filter journey. And now the brands have come back to me, asking me to do a no-filter campaign."  

Rajagopalan chimed in and said that there are influencers who came to the brand and told them that they will not promote a product because it wasn't working for them.  

When asked about the collaboration of agencies, creators and influencers, Bhomrah observed, "We have a lot of successful campaigns which came out of collaboration. The agency partner has recognised that this platform is a great one for the brand to reach the target audience. Some of the biggest brand campaigns have happened through collaboration with brands like Cadbury and Pepsi. 

“Earlier, we used to work with the brand directly because it will eliminate one feedback loop in the middle but we realised that the agency understands where you are going and they will push for you harder,” he said.  

Das reacted to the statement, saying, "Brands take time to build. In times like these, you need multiple mediums to create brands. A shoe is a shoe and jeans is a jeans till an agency get into it. And that's how we make brands. If we get mediums and creators, we have to have a brand structure." 

Das also said that agencies are the brand's custodians, and now influencers have also become that. -

agencies are the brand's custodians, and now influencers have also become that.  

Rajagopalan spoke on medium and how they are using it to reach consumers. "I think in today's time, you have to think about mediums, the time spent on one creative is very small. The consumers don’t go only on one platform."  

Speakng on ideas and how one can have a successful collaboration, Das added, “Ideas can come from anywhere, the only thing that matters is how we make it big. For that to happen, all the collaborators need to have one goal - to make the idea big.”  

In summary, the conversation underlined the power of creators coming together to collectively exchange ideas, share knowledge, and elevate their craft.

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iBROAD7 restructures under umbrella entity Reach India

This restructuring has been done keeping in mind the emerging opportunities in programmatic audio, branded podcasts & digital media

By exchange4media Staff | May 25, 2023 8:32 PM   |   3 min read


iBroad7 is now expanding and scaling up rapidly with focus on the new economy, along with a sharp focus on localisation of campaigns and content.

The company is expanding, both vertically and horizontally, under a new umbrella entity— Reach India —in a sharply engaged hub-and-spoke model, with widened national and international operations and new lines of businesses.

This restructuring has been done keeping in mind the emerging landscape in the media, brand communication and content space. This includes programmatic audio, branded podcasts, digital media, and tech-enabled real time media buying and planning.

“Over the last few years we have seen many brands and organisations, some of which we have had the privilege to serve and many which we would love to serve, grow manifold. We would like to be a part of this journey, chronicling their march, telling their stories, and amplifying and localising their conversations through audio, digital, content, and other formats in any language, anywhere in India,” said Rohit Upadhyay, Managing Director of Reach India.

Upadhyay founded iBroad7 in 2010 and since shepherded it into India’s biggest in the audio space. It has created and serviced 1800+ brands, across geographies, industries, sectors, products and services through 2 million + campaigns and 4 million+ creatives.


iBroad7 will remain the anchor entity for steering the group’s flagship radio operations. It currently serves several marque brands across a wide range of industries and segments including start-ups, e-commerce, real estate, government, automobile, food, spirits and beverages, hospitality, travel and tourism, electronics, pharmaceuticals, ed-tech, and BFSI among others.

The brand portfolio includes Honda Motorcycles and Scooters India (HMSI), Zomato, Spicejet, Cars24, SBI, L&T Realty, Godrej group, Goodyear, HDFC Ergo, Foodpanda, Cure.Fit, MI, Zoomcar, Dunzo, Patanjali, and Eazydiner among a host of other storied MNC and Indian brands.

iBroad7 is expanding internationally as well. It has recently set up its office in Dubai to service the Middle-east and North Africa Region (MENA). “There are plans to expand to Singapore, soon,”  Upadhyay said.

The new businesses include Audiostre to serve as a single roof solution for programmatically buying digital audio at scale. Audiostream allows brands to reach across multiple music streaming and podcast publishers to optimally reach their target audience at the click of a button. It enables non-skippable audio spots with a very high listen through ratio (LTR) of 90-95%, complete transparency in KPI measurement. Brands can reach out to listeners via: Age, Gender, Location, Language, Genre. l Audiostream enables video advertisement on Spotify, Wynk, Hungama and Saavn.

A new business—The Buying Hub--has also been set up as a one-stop shop for real-time media buying and planning on a single platform that enables brands to localise their campaigns. Brands will be able to log on to the specially created platform that contains all information about inventories and rates across media—from radio, print, television, OOH, OTTs, and much more.

Another arm, Digisutra is a future-ready digital marketing, social media, and branding & communications solutions agency. Digisutra’s range of offering includes digital media, digital media buying & PPC, influencer marketing, integrated creative development, content creation, website development and management, social media strategy and development, SEO, CRO &SEM strategy & implementation, OTT & connected TVs, and much more.

It has also branched into the creator economy with Earshot Audio India’s only PaaS (Podcast as a Service) company, offering a complete suite of services that includes production, publishing and promotion of branded podcast IPs for brands and organisations.

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Shemaroo to put in Rs 75 crore to expand broadcast, OTT biz

The company is expected to come up with new offerings in FY24

By exchange4media Staff | May 25, 2023 10:05 AM   |   1 min read


Shemaroo is likely to invest Rs 75 crore in its broadcast and OTT business, media networks have reported.

The money will be utilised for ShemarooMe, CEO Hiren Gada was quoted as saying.

In FY24, the company wants to expand its TV and OTT businesses along with introducing new offerings, reports said.

The company has registered an annual growth of 23.3 % in digital media and 66.5 % in traditional media in the financial year ended 31st March 2023 compared to the previous fiscal.

ShemarooMe, the OTT Platform, released 14 titles in the fourth quarter.

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