Music in streaming series hits the right note
Business Standard|October 14, 2024
Indians first saw streaming video on YouTube in 2008. Disney+ Hotstar arrived in 2015. However, streaming shows and films truly took off only after the entry of Netflix and Amazon Prime Video in 2016. From almost nothing, the market has grown to ₹31,000 crore in advertising and pay revenue by 2023. Currently, over 524 million Indians watch streaming video, according to Comscore data. This growth is creating several opportunities and raising some challenging questions for other parts of the entertainment ecosystem.
VANITA KOHLI-KHANDEKAR
Music in streaming series hits the right note

For instance, how should the music within a streaming show or film be treated?

Sanjay Leela Bhansali's Heeramandi — The Diamond Bazaar, an eight-episode series about courtesans in pre-partition India, landed on Netflix in May this year. It hit the top 10 in 43 countries, including the US, UK, Germany, and Australia. Its music, however, posed a challenge.

Most labels were hesitant to pay the (reportedly steep) asking price for its classically inclined nine songs. It was, after all, a streaming show and not the full-length theatrical extravaganzas Bhansali is known for, says the head of one music company. "There is a belief that series music doesn't work," adds Prerna Singh, chief executive officer (CEO), Bhansali Productions. That is when Bhansali, who had also composed the music, went ahead and launched his own label.

By September, Heeramandi's songs had been streamed (listened to) over 200 million times, says Singh.

Imtiaz Ali's Amar Singh Chamkila, a Netflix film, features the original songs that Chamkila — known as the Elvis of Punjab — wrote, composed, and sang before being assassinated in 1988 at the age of 27. Many of these songs are owned by Saregama. There are also six (superb) new songs written by Irshad Kamil and set to music by A R Rahman. Saregama came in as co-producer and therefore holds the rights to these songs as well.

Bu hikaye Business Standard dergisinin October 14, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Standard dergisinin October 14, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS STANDARD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Concor's growth route shifts as demand dips
Business Standard

Concor's growth route shifts as demand dips

Weak exim volumes, competitive pressures add to logistics firm's demand woes

time-read
2 dak  |
October 17, 2024
Business Standard

Benchmarks fall as IT, auto shares retreat

Benchmark indices declined for the second day. The Sensex fell 318.76 point or 0.39 per cent to settle at 81,501.36 while the Nifty dipped 86.05 point or 0.34 per cent to close at 24,971.30 on Wednesday.

time-read
1 min  |
October 17, 2024
Business Standard

Global fund managers pare India allocation: BofA

Global fund managers increased their allocation to China at India's expense after Asia's largest economy unleashed a stimulus package, according to a survey conducted by BofA Securities.

time-read
1 min  |
October 17, 2024
Quant MF scoops up nearly half of AEL's ₹4.2K cr QIP
Business Standard

Quant MF scoops up nearly half of AEL's ₹4.2K cr QIP

Subscribes 6.66 mn shares at ₹2,962 apiece

time-read
2 dak  |
October 17, 2024
MF licence aspirant list swells with new wave of AMCs ready to roll
Business Standard

MF licence aspirant list swells with new wave of AMCs ready to roll

New applications serve as launchpad for diversifying business and expanding capital market reach

time-read
2 dak  |
October 17, 2024
' 'Kutty Japan' faces crackle of fireworks, barium bans
Business Standard

' 'Kutty Japan' faces crackle of fireworks, barium bans

Impressed by its industrial vibrancy, former prime minister Jawaharlal Nehru affectionately referred to this small city in Tamil Nadu as 'Kutty Japan' (Kutty means 'mini' in Tamil). Now, in 2024, Nehru's Kutty Japan, popularly known as Sivakasi, still contributes to over 85 per cent of the fireworks made in the country, lighting up the festive colours of every city and village in India.

time-read
2 dak  |
October 17, 2024
Agencies actively pursuing bomb threat cases: Minister
Business Standard

Agencies actively pursuing bomb threat cases: Minister

Law enforcement agencies are actively pursuing all cases of bomb threats against airlines and the government is closely monitoring the situation, Civil Aviation Minister K Rammohan Naidu said on Wednesday.

time-read
2 dak  |
October 17, 2024
Business Standard

Amazon Prime Video to introduce ads next year

Amazon's streaming platform Prime Video will include advertisements in shows and films for Indian viewers starting next year.

time-read
1 min  |
October 17, 2024
Business Standard

Why language needs more than a tag

Earlier this month, the Union Cabinet granted classical language status to Marathi, Pali, Prakrit, Assamese, and Bengali. With Tamil (2004), Sanskrit (2005), Telugu (2008), Kannada (2008), Malayalam (2013), and Odia (2014) already designated as classical languages, this brings the total to 11.

time-read
3 dak  |
October 17, 2024
I'm back: Omar Abdullah takes charge as J&K CM
Business Standard

I'm back: Omar Abdullah takes charge as J&K CM

5 ministers take oath, including Dy CM from Jammu region and 1 Independent

time-read
3 dak  |
October 17, 2024