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.
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.
