iWorld
Lionsgate Play eyeing collaborations to get ahead in Indian market: Rohit Jain
KOLKATA: In December 2020, Hollywood studio Lionsgate rolled out its independent video streaming app Lionsgate Play here and later expanded its presence in Indonesia. Distribution, payment mechanism, flexible strategy around ARPU – will be the three key factors to make a significant presence in emerging markets in India, according to Lionsgate South Asia and networks- emerging markets Asia managing director Rohit Jain.
Jain was speaking at Future of Video India 2021 organised by the Asia Video Industry Association. “Globally our view is that streaming is eventually going to settle into a three-tier structure which is no different from linear structure. Technologies will change and that makes it convenient for consumers to sort of watch content but the segmentation of customers and their behaviour don’t change,” he said.
He further revealed that Lionsgate Play is looking to position itself around the mid-tier. While a large network might be looking at 250-300 million subscribers, it may target 70-75 million subscribers. The OTT platform currently has around 30 million subscriptions worldwide.
“It is important to let go of the fixation around ARPU. It’s a very incomplete metric unless we look at volumes parallel to that,” Jain commented. Emerging markets like India have huge volume unlike markets like the UK, the US, the platforms don’t have to look at standalone metrics always, he detailed.
In addition to that, distribution is a key factor in these emerging markets as they are more fragmented markets with mobile-first consumers. Jain stated that distribution has to be far more layered compared to developed markets as the platforms need to work on various factors like b2c app, devices, collaboration with telcos, aggregators.
Lionsgate Play’s distribution strategy in India does not revolve around reach or access. The platform looks at how it can reach consumers as complementary services through collaborations – how the platforms come together, create data bundles, a-la-carte models etc.
Additionally, a large part of consumers in these markets are not frequented with net banking, credit cards. Hence, the workaround payment mechanism also becomes far more complicated, Jain noted. “In a sense, these markets will teach you more than western markets,” he added.
In terms of content strategy in India, the global ethos of cinema scale premium content, edgy, untold, provocative storytelling remains the same. Moreover, its content strategy is based on curated content rather than offering an ocean of content. Lionsgate Play is also looking at a well-rounded content slate for India focusing on multiple genres.
“Global productions will have audiences but you can’t take away the value of local productions especially in India where local language content always has been very strong. There are multiple things we can do starting from dubbing. We localise our content across seven to eight languages in India. Local originals are also important. Everybody at the end of the day wants to watch local stars. That market will be 10X larger than Hollywood content,” Jain noted.
Gaming
India’s broadcasters say no to Fifa World Cup 2026
Fifa has slashed its asking price by 65 per cent but India’s broadcasters are still not buying
MUMBAI: The world’s biggest sporting event cannot find a single taker in the world’s most sports-mad nation. Fifa’s television rights for the 2026 World Cup remain unsold in India, and the clock is ticking loudly.
To shift the property, world football’s governing body has already swallowed hard and cut its asking price from $100m to $35m, bundling in the 2030 edition as a sweetener. It has not worked. Indian broadcasters have looked at the offer, done the sums and quietly walked away.
The reasons are brutally simple. The 2026 tournament, co-hosted by the United States, Canada and Mexico, kicks off in a time zone that turns India’s primetime into a graveyard shift. Most matches will air between midnight and 7am IST, a scheduling catastrophe for advertisers chasing mass reach. The 2022 Qatar edition was a gift by comparison, with matches dropping neatly into Indian evenings. North America offers no such luxury.
The market itself has also changed beyond recognition. The merger of Star India and Viacom18 into JioStar has gutted the competitive tension that once sent sports rights prices soaring. Where rival bidders once slugged it out, there is now a single dominant buyer, and it is in no hurry. JioStar has valued the rights at roughly $25m, a full $10m below Fifa’s already-discounted floor price. That gap has so far proved unbridgeable.
Broadcasters are also nursing a ferocious cricket hangover. Between 2022 and 2023, Indian media houses committed well over $10bn to cricket rights alone, covering IPL, ICC events and BCCI domestic fixtures combined. After a binge of that scale, appetite for a football package that delivers a fraction of the ratings, in the dead of night, is close to zero.
The economics of football broadcasting make the maths even harder. Cricket, with its natural breaks every few overs, is an advertiser’s paradise. Football offers a 15-minute halftime and precious little else. Recovering a nine-figure rights fee from a single half-hour ad window is a stretch at the best of times. These are not the best of times: the Indian government’s tightening grip on real-money gaming and gambling advertising has vaporised a category that once underwrote the economics of big sporting events.
Nor is the World Cup an anomaly. Indian Super League valuations have cratered. English Premier League rights have softened across successive cycles. The cooling of football as a broadcast commodity in India is structural, not cyclical.
With the tournament opening on 11th June, Fifa is running out of road. It may yet blink and meet JioStar at $25m. Or it may go direct, streaming the entire tournament on its own platform, Fifa+, or cutting a digital deal with YouTube, and hoping that a generation of Indian football fans finds its way there without a broadcaster to guide them.
Either way, the beautiful game’s Indian chapter is looking decidedly ugly.
