iWorld
Netflix stock hits 121 per cent YOY growth
MUMBAI: Following a Barclays Capital analyst report, which said Netflix’s “aggressiveness” could reshape movie distribution, the giant subscription video service soared to another stock market record. On 5 June 2018, Neflix’s stock closed up 1.1 per cent to $365.80– a new record. The stock is up 91 per cent year-to-date, and 121 per cent year-over-year.
Barclays Capital media analyst Kannan Venkateshwar wrote, “We believe the economics for companies with global streaming scale like Netflix may be more favourable than theatrical releases, over time.”
He added that Netflix is scaling up its theatrical film business to focus on a small subset of movies over time.
“We believe Netflix’s increased aggressiveness around original movies and its emphasis on nontheatrical releases, if sustained, is likely to make this skew worse and could reshape the nature of movies and its economics in the coming years.”
Venkateshwar feels that the troubling economics for theatrical producers will push legacy studios to do things differently like as releasing movies simultaneously on TV and theatrical.
“Day-and-date movie releases or films released simultaneously theatrically and across different windows, could become a way for companies such as Disney to drive global growth for its streaming business,” he added.
“Movie distribution could, in general, follow much more of a barbell distribution — with the big movies needing to get bigger to justify the cost of theatrical releases while small movies go direct to consumers through streaming services.” said Venkateshwar.
Given the frequency of digital disruptions, there is a real chance that the movie business could witnessed a transformation much like the pay TV industry.
iWorld
Hari Om OTT premieres Bhagwan Jhulelal Sai series
First devotional show on Jhulelal Sai streams in Sindhi and Hindi.
MUMBAI: Hari Om OTT just turned the tide for devotional dramas because when Jhulelal Sai steps onto the small screen, even the waves start streaming in two languages. Hari Om OTT, India’s leading devotional streaming platform launched in June 2024, has premiered Bhagwan Jhulelal Sai, a milestone series that marks the first-ever show dedicated to the revered deity of the Sindhi community. The show, starring Manish Raisinghani as Jhulelal Sai / Varun Dev and Parag Tyagi as Mirkh Shah, launched on Jhulelal Jayanti and is available in both Sindhi and Hindi.
The series chronicles the life, journey and teachings of Bhagwan Jhulelal Sai, blending mythology with historical elements to deliver an authentic and inspiring narrative for global audiences.
Manish Raisinghani said, “Portraying Jhulelal Sai and Varun Dev was not just a role, it was a spiritual journey and a moment of immense pride for my family and community. This one holds a special place in my heart, especially since the show is coming in our very own Sindhi language as well.”
Parag Tyagi added, “Jhulelal Sai is the first-ever show that beautifully blends mythology with history. Hari Om has achieved something truly special by bringing the stories of our gods and goddesses to audiences in their authentic language.”
Hari Om OTT CEO Avinash Dugar said, “With Bhagwan Jhulelal Sai, we’re excited to share this inspiring story with the Sindhi community and beyond. We will continue to showcase the stories of Indian culture and Sanatan Dharma to the world, presented in their own language.”
The premiere builds on Hari Om OTT’s track record of acclaimed devotional titles including Mata Lakshmi, Jai Jagannath, Shri Tirupati Balaji, Mata Saraswati and Chandra Dev, all focused on celebrating India’s cultural and spiritual legacy through high-quality storytelling.
In a streaming landscape crowded with fiction, Hari Om OTT is quietly proving that the most powerful stories aren’t made up, they’re the ones that have already inspired generations, now delivered straight to your screen in the language of devotion. Bhagwan Jhulelal Sai is now streaming on Hari Om OTT.
