iWorld
Indian content producers see uptick in revenues from online video platforms
Mumbai: The production of local originals in India is heating up and giving a boost to the creative economy. Online video platforms are expected to invest heavily into local original content to ensure robust paid subscriber growth.
“The market for digital content has definitely increased,” said Fremantle India managing director Aradhana Bhola. Fremantle India is known for its unscripted TV reality series like “India Idol” and “India’s Got Talent.”
Fremantle is a global production and distribution company based in the UK that has created hit reality series “Too Hot To Handle” on Netflix and “Hear Me. Love Me.” featuring actor Shilpa Shetty on Prime Video. The Indian arm of the production company has collaborated with YouTube India for two YouTube originals “Hello 2021” followed by “You V YouTube” hosted by actor and cricket presenter Gaurav Kapur.
“We don’t have a formal partnership in terms of some kind of output deal, however, we are working a lot with them (YouTube),” said Bhola.
According to Media Partners Asia, investment in online video content reached $1 billion in 2021. Furthermore, the investments in local content increased from 29 per cent in 2020 to 37 per cent in 2021. Licensed/acquired content accounts for 63 per cent share of investments in online video content.
OTT platform Lionsgate Play, the streaming arm of Lionsgate Entertainment is also launching its first Indian original “Hiccups and Hookups” starring Lara Dutta and Prateik Babbar. Prime Video is releasing the third season of its hit series “Inside Edge.” Disney+ Hotstar is releasing its family drama “Dil Bekaraar.” Netflix is releasing its comedy “Decoupled” that stars R Madhavan and Surveen Chawla. The space for local originals is heating up.
There is a strong correlation between OTT players who are willing to invest in premium content to service uptake and audience stickiness, according to a study by Boston Consulting Group (BCG). “In the last two-three years, the Indian OTT industry has come of age. The subscription OTT industry is growing at a much faster pace compared to the rest of the industry. This indicates a maturing of the consumer who is now willing to pay for specific content,” said BCG senior partner and managing director Kanchan Samtani.
Media Partners Asia vice president and head of India Mihir Shah estimates that if OTT players continue to invest in local content at this rate the subscription video on-demand adoption will grow by four times and reach 224 million subscribers and $ 2.1 billion in revenues by 2026.
The leading OTT players in terms of subscriber share in the SVOD market are Disney+ Hostar (50 per cent), Prime Video (19 per cent) and Netflix (5 per cent). Revenue share of SVOD subscriptions is at 25 per cent for Disney+ Hotstar, 22 per cent for Prime Video, and 29 per cent for Netflix.
eNews
Piyush Thakur steps down as Inshorts’ chief revenue officer
Former vice president and cro says exit marks a new chapter after close to a decade of building revenue and partnerships at Inshorts Group.
NOIDA: Piyush Thakur has stepped away from Inshorts Group after nearly 10 years with the company, marking the end of a long tenure that culminated in his role as chief revenue officer.
In a farewell note, Thakur said he was “turning a new page” after almost a decade at Inshorts, calling it one of the hardest professional decisions he has made. He added that his exit was not driven by uncertainty about the future, but by reflection on a long association with the company.
Thakur joined Inshorts in October 2016 as vice president and spent around seven years in the role before being elevated to chief revenue officer in April 2024, a position he held until April 2026.
He said his tenure was defined by “thousands of mornings, late nights, product debates and breakthrough moments”, as the company evolved into a large-scale digital news platform used by millions.
In his note, Thakur emphasised that Inshorts’ growth was a collective effort across teams, adding that engineers, designers, sales teams and customer support staff all contributed to building the platform. He said the company’s success was not the result of individuals but of “everyone who stayed, passed through, and left their mark”.
Before Inshorts, Thakur worked across several digital media and business development roles. At ESPN, he served as senior regional manager from October 2015 to October 2016, focusing on growth initiatives, strategic opportunities and video distribution.
At Times Internet, he worked for nearly three years, including as head of business development from April 2015 to September 2015 and chief manager from January 2013 to March 2015. His responsibilities included monetisation of mobile platforms, managing media and developer partnerships, and driving revenue across digital properties such as The Times of India and The Economic Times.
Earlier, he worked at Brandmovers as head of business development from June 2012 to June 2013, handling digital, mobile and social media marketing solutions, client development and strategic consulting. During this period, he also worked on advertising revenue, brand strategy and CRM-based solutions.
At Inshorts, Thakur’s role focused on revenue strategy, mobile and media partnerships, and growth initiatives across platforms. His profile highlights experience in mobile product management, digital business models, partner ecosystems and revenue expansion in high-growth environments.
