Movie Channels
We are second only to YouTube: MX Media’s Karan Bedi
Mumbai: Times Internet backed MX Media is expecting to triple its revenue for its advertising video on demand (AVOD) business in the year 2022, according to its CEO Karan Bedi. “We have more than tripled our revenue last year and expect to triple again next year,” he said while speaking about its OTT business.
In 2021, MX Media’s OTT platform MX Player successfully scaled to more than one billion downloads and 280 million monthly active users globally. As its user base expands, the platform is effectively monetising its audience base by expanding its video offering. From a client perspective, MX Player is a part of all media plans and comes only second to YouTube in the consideration set for digital video advertising, remarked Bedi.
Moreover, the company’s brand funded content business was spun off into a separate unit MX Studios. Bedi said, “The core focus of MX Studios is to provide brands another outlet to connect to their consumer. Branded content is something we’ve started to grow as a business and are bullish about it for the next few years. In terms of branded content, we’re second only to YouTube. Since, there’s only us and YouTube who have scale when it comes to AVOD in India, we’re very much a part of every client’s marketing plan.”
In February, MX Media sold its short video platform MX Takatak to Indian social media company Sharechat (Mohalla Tech) in a deal estimated at $700 million. Notably, MX Takatak was launched only in July 2020. Now, the company will focus on its long format video offerings including on-demand video and its game streaming offering MX Games.
On the content front, the platform recently announced the launch of a reality series called ‘Lock Up’ in partnership with Balaji Telefilms. The show, which premiered on the platform on 27 February, is the streaming service’s first foray into unscripted content.
“We are a data led organisation and were starting to see that our audience was ready for more. We have various partners who have done shows for MX Player and we have a lot of faith in Balaji (Telefilms) and Ekta (Kapoor) as someone who’s reinvented this business many times,” said Bedi.
The OTT platform offers exclusive content in the form of MX Originals and has launched popular series such as “Campus Diaries,” “Bhaukaal 2” and “Raktanchal 2” this year. Despite being an AVOD platform, several MX Originals span across multiple seasons and garner more than 100 million views on the platform. It recently launched MX VDesi to house its international content acquired from Turkey, Latin America, Korea and Middle East and dubbed in Hindi.
MX Player has not shied away from direct monetisation, with the launch of its MX Gold feature which allows subscribers to watch videos without any ads whatsoever. “MX Gold is not monetising access to content but rather it allows you to watch content ad free,” explained Bedi.
“MX Player overall has multiple layers of monetisation. As we go forward, we think there is an opportunity to add on newer monetisation models as we continue to expand our user base. That can be NFTs or other blockchain based currencies. We have said from day one that we are a super entertainment aggregator. Our shows are an important vehicle for taking some of these opportunities and scaling them,” concluded Bedi.
Movie Channels
Ek Deewane Ki Deewaniyat Premieres 14 Feb on Zee
Ek Deewane Ki Deewaniyat world TV premiere 14 Feb at 8pm passion meets politics.
MUMBAI: Cupid’s arrow just got a plot twist and it’s heading straight for your TV screen. This Valentine’s Day, Zee Cinema is turning up the heat with the world television premiere of Ek Deewane Ki Deewaniyat, a raw, rule-breaking romantic drama that proves love doesn’t always come wrapped in roses.
Set to air on Saturday, 14 February at 8pm, the film stars Harshvardhan Rane and Sonam Bajwa, directed by Milap Zaveri. It dives headfirst into obsession, heartbreak, and the kind of unconditional love that leaves scorch marks. Rane plays Vikramaditya, a powerful politician whose all-consuming passion for actress Adaa spirals into chaos when his feelings go unreturned unleashing a storm of emotion, misunderstanding, and life-altering consequences.
The timing couldn’t be sharper. Audiences are clearly craving intense love stories over sugar-coated ones, and this film taps straight into that vein. Harshvardhan Rane already has a loyal fanbase from his cult hit Sanam Teri Kasam, which cemented his status as the go-to guy for heart-wrenching romance especially among younger viewers who keep the film on repeat.
Milap Zaveri captured the film’s beating heart, “This film is about love that doesn’t follow rules. With Valentine’s Day being a time when audiences gravitate towards romantic narratives, the television premiere of Ek Deewane Ki Deewaniyat on Zee Cinema felt like the perfect fit. The continued love for intense romances shows there is a strong emotional appetite for such stories.”
Rane himself called it a story rooted in messy, honest emotion, “Ek Deewane Ki Deewaniyat explores love in its most intense and vulnerable form where emotions are messy and deeply human. It’s a story that doesn’t shy away from passion or pain on Valentine’s Day making it even more special as it reflects the many shades of love people experience.”
Sonam Bajwa added her take, “Ek Deewane Ki Deewaniyat is not a conventional love story, it’s raw, intense and emotional. Valentine’s Day is usually associated with happy romance but this film explores love in its most vulnerable form.”
So if your Valentine’s plans include more than chocolates and clichés, tune in to Zee Cinema at 8pm on 14 February. Because sometimes the most unforgettable love stories aren’t the ones that end neatly, they’re the ones that leave you questioning just how far passion can push before everything changes.
