What are your priorities with JioStar? We deliver the largest share of audiences on TV (110 channels such as Colors and Star Plus, 32 per cent viewership) and digital (Disney+Hotstar and JioCinema offer the second-largest audience after YouTube) every day. There are a lot of things that are working very well and my topmost priority is to not spoil them.
But in a country with 800-850 million mobile customers, if you (the whole streaming business) have 50-70 million subscribers, then there is a whole world to cover over there. Also, streaming content is still designed for a very elite segment. In a country of 1.5 billion people, if several hundred million people are not coming to your platform every night, then there is a problem. I'm not talking about Instagram, YouTube, and Google but the other premium services. It's a huge opportunity that needs creativity and technological innovation.
Finally, there is a narrative that has got built and accepted that TV is dead. It has become self-fulfilling. Every day you say it's dead and you don't feed it. And since you don't feed it, it is going to die.
Esta historia es de la edición November 22, 2024 de Business Standard.
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Loser takes all
This book was published in September, three months ahead of the US presidential polls, presumably to reveal to voters the dangers of returning Donald Trump to the White House.
J&K HC asks Army to pay 46 years' rent to landowner
The High Court of Jammu and Kashmir and Ladakh recently held that the right to property now falls within the realm of human rights.
India, UK navies to develop electric propulsion for next-gen warships
The ministries of defence of India and the UK have signed a statement of intent (SoI) to cooperate in designing and developing Electric Propulsion Systems for the Indian Navy.
India backs Iskcon, tells Bangladesh to protect minorities
New Delhi hopes arrested monk will get fair trial
HAVING A BALL
Indian bowlers are winning matches and setting IPL auction records. But brands are not yet bowled over. Will Bumrah get bowlers their due?
Link UPI app to bank account with limited funds, set daily limits
Indians have lost ₹485 crore to frauds on the Unified Payments Interface (UPI) across 632,000 incidents reported until September of the current financial year, according to data from the Ministry of Finance.
Arpu gains, lower capex augur well for Airtel
Brokerages positive on stock; earnings flows may rise over next 24 mths
NIFTY LOGS BACK-TO-BACK MONTHLY LOSS
Benchmark Nifty 50 index shed 0.3 per cent in November, logging its first back-to-back monthly loss since February 2023.
Lock-up on ₹1.2 trn pre-IPO shares to lift in two months
Lock-up on shares worth nearly ₹1.2 trillion ($14 billion) belonging to 50 companies will end between now and January 31, said Nuvama Institutional Equities in a note.
Margin moderation may cap upsides for Colgate
After gaining over 15 per cent in the first half of the week, the stock of oral care major Colgate-Palmolive (India) has shed about a third of those gains.