iWorld
Why the OTT market needs a new content ecosystem
While it’s a given that video consumption is going through the roof, many of the OTT platforms are still tweaking their content strategy in order to get their act right. The primary target audience now being in the 18-30 age group, concepts that use to work for general entertainment TV channels have become passé.
A system which is over dependent on the ‘so called’ commercially successful directors who might have churned out crass blockbusters or scriptwriters who have penned some of the most regressive television serials, might give you some marketing brownie points, but they may not survive in the long run. It’s time to build a content ecosystem that will support new talents and produce compelling content. The race is on to experiment with formats and scripts that will grab the millennial’s attention.
This is one of the reasons why I would like to position my company ‘Studio Mojo’, not just as another production house, but as a content network whose primary objective is to discover and work with new talents—and they are in abundance.
You can take a leaf out of the Malayalam movie industry, which undoubtedly produces some of the best movies in the country. Many of the critically acclaimed movies made in the past few years can be credited to a few debutant directors and scriptwriters. The movies in question—Ee Ma Yau, Angamaly Diaries, Maheshinte Prathikaram, and Thondimuthalum Driksakshiyum created by directors like Lijo Pellissery and Dileesh Pothan. On a similar tangent, take the case of Sandeep Reddy Vanga, who made his directorial debut with the critically acclaimed Telugu blockbuster Arjun Reddy. And in Tamil, we have debutant director Prem Kumar’s 96, which was a runaway hit.
While Sacred Games stole a lot of limelight last year, Little Things penned by a young and talented team created waves on YouTube and made a huge fan following.
It is quite evident that when it comes to creating great programmes, script is the king. Our effort is to consistently discover new regional digital stars. Every single day, Studio Mojo's creative team works with upcoming talent, screening scores of new scripts, meeting aspiring scriptwriters and directors to produce the next big thing in the regional space.
We started off with Rinosh George who became an overnight digital sensation with his I'm a Mallu song (which later became the ‘Mallu Anthem’). Today he is a budding actor, whose debut Malayalam movie recently hit the screens. For our first web series Utsaha Ithihasam we teamed up with a young director Krishand and the series went on to receive a lot of acclaim at the Seoul WebFest. Our next project will be directed by Praveen Nair (who was Goutham Menon's chief assistant) for the Zee5 channel and is claimed to be one of the biggest web series coming out in Malayalam.
But the digital space is not just centred around new talent. Since going back to television feels like a retrograde step for many directors and scriptwriters, digital is something they are excited about—they can talk to a younger audience and select subjects which may not have had too many takers in the mainstream cinema. While we continue with our efforts to spot new talent, we are equally excited about working with established names. We have already kick-started a project in Malayalam, where we are bringing together 10 established directors to work out a ‘Love Anthology’ series. Many of them are also keen to play a mentor role to the first time directors of a few of our other projects.
We are also onboarding technicians and production executives from the regional movie industries who have been struggling to find regular work. They could become a critical cog in the ecosystem we are trying to build.
So, yes, the future looks exciting. We hope to play a not so insignificant role in creating a new order, where a bunch of new talents will rub shoulders with the established ones. We owe it to our audience to unearth the Lijos’ and Sandeep Reddys’ of the digital world.
(The author is CEO and founder, Studio Mojo. The views expressed here are his own and Indiantelevision.com may not subscribe to them)
Gaming
Sony raises PS5 prices for second time in under a year
US disc edition jumps $100 to $649.99 as memory costs surge.
MUMBAI: Sony just hit the pause button on affordable gaming because when memory prices skyrocket, even the Playstation has to pay the premium. Sony has announced its second price increase for the Playstation 5 range in less than a year, citing pressures in the global economic landscape and a sharp rise in memory component costs driven by AI demand.
In the US, the PS5 disc edition will rise from $549.99 to $649.99, a $100 hike while the digital edition increases to $599.99. The more powerful PS5 Pro will jump $150 to $899.99. The Playstation Portal remote player will also rise by $50 to $249.99. The new prices take effect on 2 April 2026.
Similar increases have been applied in the UK (£90 per model), Europe and Japan. Sony last raised PS5 prices in the US in August 2025.
“We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide,” Sony said in a blog post.
The hikes come amid an unprecedented surge in memory prices, as manufacturers prioritise supply for AI data centres. Analysts say Sony had likely secured price protections for components that have now expired, forcing the company to protect its hardware margins.
Ampere Analysis research director of games Piers Harding-Rolls told CNBC that further increases from Microsoft and Nintendo would not be surprising, though Nintendo may hesitate to raise the price of its recently launched Switch 2 while establishing the new platform.
The increases arrive eight months before the highly anticipated release of GTA 6, which is expected to drive strong console sales. However, early reactions online have been a mix of disappointment and resignation, with growing concern that premium gaming is increasingly becoming a hobby for higher-income players.
In a sector already grappling with tariffs, inflation and component shortages, Sony’s move underscores a tough reality: even the most popular consoles are not immune to the rising cost of keeping up with the latest technology.
