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From screen to streaming, a new script for Indian entertainment : Ficci Frames

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MUMBAI: Lights, camera, transformation! The entertainment industry is in the midst of a plot twist as digital platforms rewrite the rules of audience engagement. At FICCI Frames 2025, industry stalwarts dissected the evolving landscape, debating whether theatres and streaming services could co-exist in a mutually profitable sequel or if the latter would be the ultimate showstopper.

Filmmaker Hansal Mehta and Netflix India’s VP of content, Monika Shergill, took centre stage in a panel discussion moderated by Saurabh Varma of Content Engineers. The discussion zeroed in on how streaming platforms have not just altered viewing habits but also reshaped Indian storytelling.

With India’s digital entertainment market projected to hit $13 billion by 2027, streaming platforms are no longer just an alternative, they’re an essential part of the ecosystem. Shergill highlighted how Indian content is increasingly gaining global traction, with 60 per cent of Netflix India’s viewership coming from international audiences. “The power of streaming lies in its ability to amplify diverse narratives,” she said, emphasising how regional content is breaking barriers.

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But does this mean curtains for theatres? Not quite, argued Mehta. “Cinema has a soul that streaming can’t replicate. But the audience is demanding smarter, more immersive experiences,” he noted. With over 10,000 screens in India, he said, exhibitors are innovating enhanced sound, premium formats, and event-based screenings are drawing viewers back.

The discussion underscored that storytelling now hinges on data-driven insights. “Streaming has democratised content creation. Today, analytics shape scripts as much as creative instincts do,” said Shergill. Mehta echoed the sentiment but warned against formulaic storytelling driven purely by metrics.

While Hindi cinema’s box office has seen a 15 per cent recovery post-pandemic, OTT subscriptions in India have skyrocketed, with 450 million users now consuming digital content. “It’s a hybrid future,” Mehta admitted. “Theatres will continue to be the temple of cinema, but streaming is the pulpit from where stories reach the world.”

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With international audiences embracing Indian content like never before, streaming platforms have become a powerful gateway for cross-cultural storytelling. From rooted Indian narratives like The Railway Men to high-octane thrillers, OTT platforms are catering to an increasingly global fanbase. “It’s no longer just about Hindi cinema; it’s about India’s rich tapestry of stories,” Shergill pointed out.

Meanwhile, theatrical releases are also seeing a shift towards large-scale, event-driven experiences. Films that promise visual spectacle historical epics, superhero sagas, and big-ticket entertainers continue to bring audiences to cinemas. “The future of theatres lies in making movie-watching an event, not just a routine,” Mehta observed.

As India’s entertainment industry rides this digital wave, one thing is clear content consumption is no longer bound by screens or schedules. Hybrid distribution models are emerging, where films are simultaneously released in cinemas and on streaming platforms. Innovative experiments like pay-per-view premieres and interactive storytelling formats are also gaining traction.

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“The lines between mediums are blurring, and that’s not a bad thing,” Varma concluded. “We’re in the middle of a creative renaissance where technology and storytelling go hand in hand.”

Whether it’s a theatrical blockbuster or a binge-worthy series, the show must go on and in this digital era, the audience is always in the director’s chair.

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Jio Studios, Sanjay Dutt team up to revive Khal Nayak

Rights acquired for new version, format under wraps as remake plans take shape.

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MUMBAI: The villain is back and this time, he’s rewriting his own script. Jio Studios has partnered with Three Dimension Motion Pictures and Aspect Entertainment to revive the 1993 cult classic Khal Nayak, marking a fresh chapter for one of Bollywood’s most iconic anti-hero stories. The original film, directed by Subhash Ghai under Mukta Arts, was a commercial and cultural milestone, with Sanjay Dutt’s portrayal of Ballu becoming one of Hindi cinema’s most memorable performances.

Dutt, along with Aksha Kamboj, has now acquired the rights from the original creators, bringing on board Jio Studios and its President Jyoti Deshpande to steer the project creatively.

While the exact format whether remake, sequel, prequel, or a completely new narrative remains undisclosed, the collaboration aims to reinterpret the story for contemporary audiences while retaining the essence that made the original a defining film of the 1990s.

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The move taps into a broader industry trend of reviving legacy intellectual property, particularly characters with strong recall value. “Khal Nayak” was notable for pushing mainstream Hindi cinema into morally grey territory at a time when heroes were largely one-dimensional, making Ballu’s character a standout.

The project also marks the film production debut of Aspect Entertainment, signalling a push towards more technology-led storytelling frameworks. Meanwhile, Jio Studios continues to expand its slate, having built a library of over 200 films and series, with more than 60 titles collectively winning 500-plus awards.

For Dutt, the revival is as much personal as it is strategic, a return to a role that reshaped his career. For the industry, it is another sign that nostalgia, when paired with scale, remains a powerful box-office proposition.

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Because in Bollywood, some villains never fade, they just wait for the perfect comeback.

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