The subscription-driven video on demand (SVOD) market bounced back in 2024, adding an estimated 15 million subscriptions. This takes the total number of streaming video subscribers in India to 125 million. This is projected to more than double over the next five years, touching 287 million by 2029.
The trigger is strong investments in local original programming and the rollout of low-priced tiers with ad-supported options.
Television had the worst year possible with overall revenue (ad plus pay) contracting by 8 per cent.
Denne historien er fra January 08, 2025-utgaven av Business Standard.
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Denne historien er fra January 08, 2025-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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'When movies connect, they go to another level'
At 1,745 screens, PVR Inox is the largest multiplex chain in India. But the ₹6,200 crore (2023-24 revenue) chain has seen its stock being hammered in the market. The buzz is that the cinema business is in trouble. Its managing director, AJAY BIJLI, in a quick chat with Vanita Kohli-Khandekar, talks about the state of the movie business and his prognosis for 2025. Edited excerpts:
Ticket prices may make 2025 a hit after dud 2024
Pushpa 2: The Rule broke box-office (BO) records not only due to Allu Arjun reprising his role as Pushpa Raj but also because of a surge in the movie's average ticket price (ATP).
Fall in ₹, Win Some, Lose Some for Auto Industry
While exporters benefit, import-dependent firms expected to struggle
Rupee volatility likely to drive imported car prices off course
Luxury car sales touched 51K units for first time in '24
Recovery agents in demand as banks' unsecured loan stress rises
Between Jul and Dec, number of such agents grew by almost 50%
Import stats for gold, silver, electronics lowered for Apr-Nov
The central government has revised downwards the import data for precious metals such as gold and silver by $11.69 billion and $950 million, respectively, during the first eight months of the financial year (2024-25), Directorate General of Commercial Intelligence and Statistics (DGCI&S) data showed.
One-time Customs amnesty scheme likely in Budget
The Union government is considering introducing a one-time amnesty scheme in the FY26 Budget to be presented on February 1, similar to the Vivad Se Vishwas scheme for income tax, to resolve pending Customs disputes, a senior government official said on condition of anonymity.
Now playing: The making of one cinema market
In 2024, Indians bought 883 million movie tickets, 6 per cent fewer than in the previous year.
TCS Q3 Net Profit Jumps 12%, Misses Estimates
IT behemoth's revenue swells 5.6%; North America remains a drag
Indian cos vie to top future tech adoption chart
Employers in India are planning to outpace global adoption in certain future technologies as companies operating in the country are heavily investing in technologies like artificial intelligence (AI), energy technologies, robotics, and autonomous systems, said the World Economic Forum (WEF) in its latest \"Future of Jobs\" report released on Wednesday.
