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Discovery Plus subscription well ahead of estimation: Issac John

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KOLKATA: Just as the pandemic starting snarling in India, Discovery Plus had only just taken off its OTT journey. However, the lockdown and the boost it gave to digital viewing seems to have aided the new entrant.  

“We launched on the eve of lockdown. So a lot of OTTs have data that how subscribers were moving before and how they are behaving after it. We didn't have that visibility. We were in the lockdown when we launched and consumption happened during the lockdown and we continue to live through this. But, our subscription estimates are actually well ahead of what we had estimated. There has definitely been a lot of consumer love that's come our way in terms of consumers going for Discovery Plus subscriptions,” says Discovery Digital (south Asia) business head Issac John.

Some other indicators, John said, were the 4.5 ratings for the app on App Store and Play Store as well as qualitative comments such as being able to watch with their families. He added that Discovery Plus is the only OTT player which works with two kinds of vectors. While one is essentially the lifelong learner’s vector, it is also catering to certain passion verticals. 

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After getting consumer requests, Discovery Plus has also launched its service on Fire TV, even though its main priority was iOS, Android and mobile web. Android TV app is also on the way.

“We have seen time spent on Fire TV is 2.4x than the mobile format. I think what ends up happening is that when you consume content as premium as we have at Discovery Plus, your attachment to the content really goes up significantly That is also essentially like a clear sign on of how consumers love us on the big screen,” John added.

Discovery Plus, emphasising the big-screen delight experience, launched a new marketing campaign that runs across all 14 Discovery network channels as well as on all key digital platforms. 

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“A part of our retention strategy is to ensure that the consumers have enough choice pertaining to the specific interests they came for. Moreover, at any point in time, in any given month, we will launch anywhere between 20 to 30 shows from our bank which is a mix of specials, exclusive acquisitions, etc,” John stated.  

John said that it would be launching some premium BBC titles to strengthen the learning vector as well as female-friendly content, which haven’t been exposed so far. 

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Gaming

Sony raises PS5 prices for second time in under a year

US disc edition jumps $100 to $649.99 as memory costs surge.

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MUMBAI: Sony just hit the pause button on affordable gaming because when memory prices skyrocket, even the Playstation has to pay the premium. Sony has announced its second price increase for the Playstation 5 range in less than a year, citing pressures in the global economic landscape and a sharp rise in memory component costs driven by AI demand.

In the US, the PS5 disc edition will rise from $549.99 to $649.99, a $100 hike while the digital edition increases to $599.99. The more powerful PS5 Pro will jump $150 to $899.99. The Playstation Portal remote player will also rise by $50 to $249.99. The new prices take effect on 2 April 2026.

Similar increases have been applied in the UK (£90 per model), Europe and Japan. Sony last raised PS5 prices in the US in August 2025.

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“We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide,” Sony said in a blog post.

The hikes come amid an unprecedented surge in memory prices, as manufacturers prioritise supply for AI data centres. Analysts say Sony had likely secured price protections for components that have now expired, forcing the company to protect its hardware margins.

Ampere Analysis research director of games Piers Harding-Rolls told CNBC that further increases from Microsoft and Nintendo would not be surprising, though Nintendo may hesitate to raise the price of its recently launched Switch 2 while establishing the new platform.

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The increases arrive eight months before the highly anticipated release of GTA 6, which is expected to drive strong console sales. However, early reactions online have been a mix of disappointment and resignation, with growing concern that premium gaming is increasingly becoming a hobby for higher-income players.

In a sector already grappling with tariffs, inflation and component shortages, Sony’s move underscores a tough reality: even the most popular consoles are not immune to the rising cost of keeping up with the latest technology.

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