iWorld

After acquiring 2.5mn subscribers, ALTBalaji to go international

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2018/06/08/ALTBalaji.jpg?itok=i0IPTsoO

MUMBAI: ALTBalaji, the OTT platform of Balaji Telefilms, has made all the right noises since its inception in April 16, 2017. With 2.5 million subscribers on the ALTBalaji platform, the company now wants to scale up its investments in the digital domain with two major plans – double the original shows in the next 10 months and enter into international markets.

In an astute move, the company has collaborated with Sony Entertainment to procure IP rights of the show Dil Hi Toh Hai. As per industry norms, channels tend to get the IP rights when such deals are struck. On this occasion, however, Balaji Telefilms has managed to retain the rights of the show. The episodes will be available on ALTBalaji 24 hours after they are aired on Sony.

 “As far as we go, we feel we are investing a lot in our digital future as a company and that’s why it’s important for us to slowly also be invested in all the digital rights of the content that we create and therefore it is a first step in that direction,” ALTBalaji CEO and group COO Nachiket Pantvaidya told Indiantelevision.com.

Pantvaidya claims no revenue was sacrificed to acquire these rights.

“I am trying to say it is just not about retaining rights. You have a ready avenue to exploit that. We have done this strategically so it’s not just we retain the right and do nothing with it,” he added.

Since its launch, ALTBalaji has been very aggressive with its original shows. From Bose: Dead or Alive to Kehneko Humsafar Hain and Ragini MMS, the brand has made an attempt to appeal to a wide segment of the Indian society. Not narrowing down its target audience has enabled the brand to build an audience in Tier II and Tier III cities.

ALTBalaji’s success in India has given the company confidence to spread its wings overseas.

“Our next target is to launch our service internationally by dubbing it in two languages Bahasa, Sinhala. We have also a Bangla dub plan which will target countries like Malaysia, Indonesia and Bangladesh. In addition, we will also try to get the higher ARPU nations like US and UK to consume our content,” said Pantvaidya of his company’s next moves.

While some platforms are planning to stream more digital first movies, ALTBalaji is banking on episodic content. Future episodes and seasons keep the user constantly engaged with the platform, the Balaji team believes.  And if the numbers are anything to go by, they might as well stick to their current formula of programming.

When it comes to subscriptions, the quarterly package contributes to 65% of the traffic. The company’s partnerships with Jio, Vodafone, Airtel, contributes 60-70% of its revenue. Moreover, 90% of its traction comes from mobile devices.

With a plan to have a library of 42 original shows including 6-7 kids show by next March, the platform wants to stick to the SVOD model at least for the next ten months.

 While we often refer to OTT platforms as catch-up TV, ALTBalaji wants to increase its subscriber base by relying on original shows rather than being dependent on commissioned content.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/19/jiotv.jpg?itok=FHYuwYXG
JioTV adds movie and regional channels for subscribers

In a bid to retain viewers that consume content, Reliance Jio has planned to roll out four new channels for the users of JioTV.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/19/broadf.jpg?itok=o9IiC1rf
TRAI data shows broadband internet subscriber growth rate slowed in Feb-19

The month ended 28 February 2019 (Feb-19) recorded the lowest growth in terms of subscriber addition as well percentage since Aug-18 according to data released by Telecom Regulatory Authority of India (TRAI) for Feb-19.

iWorld Broadband
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/19/Mukesh-Ambani.jpg?itok=aKGCV6xd
Jio profit quadruples, Reliance Retail crosses Rs 100K crore revenue

Reliance Jio Infocomm Ltd (Jio) is a juggernaut that has shown the fastest growth rate towards the milestone of 300 million (30 crore) subscribers. Jio ended fiscal 2019 (financial year ended 31 March 2019, FY 2019, year under review) with 306.7 million plus subscribers.

iWorld Telecom
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/19/Bala-Malladi.jpg?itok=BMkWtmym
ACT's Bala Malladi on TRAI tariff order, Jio GigaFiber & pricing war in wired broadband

Earlier this week, Atria Convergence Technologies (ACT) Fibernet, the wired broadband internet service provider (ISP), inked a deal with over-the-top (OTT) platform ZEE5 in order to up the entertainment quotient for its subscribers across segments. Likewise, ACT had earlier also stitched together...

iWorld Broadband
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/18/zee5.jpg?itok=N4rK6uBd
ZEE5 premieres Sonchiriya

ZEE5 premieres critically acclaimed film Sonchiriya starring Sushant Singh Rajput, Bhumi Pednekar, Manoj Bajpayee, Ranvir Shorey and Ashutosh Rana on its platform today, 18th April 2019.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/18/study.jpg?itok=f1XCu3T_
OTT players see interactive content as the future of fiction programming

Over the top (OTT) platforms have thrown the doors open to experimenting with new content formats. Interactivity around fiction programming is proving itself as the new area of interest for OTT platforms. Following the lead of Netflix’s Black Mirror: Bandersnatch, other players including prominent...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/17/altbalaji.jpg?itok=OLOldfXl
ALTBalaji LAUNCHES #BreastBuffer TO COMBAT BREAST CANCER

ALTBalaji, India’s leading homegrown digital platform, launches an initiative to help recognise and sensitize people about breast cancer.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/17/act.jpg?itok=Q-huxZMb
ACT Fibernet partners with ZEE5 to expand its OTT offerings

ACT Fibernet, India’s largest fiber-focused wired broadband ISP (Internet Service Provider), today announced a strategic partnership with ZEE5, India’s fastest growing OTT platform.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/17/netflix.jpg?itok=s-rIce-9
Netflix looks to further reduce prices in India

Netflix finally understands the requirement of price-conscious India. Despite significant investment in the country, the streaming giant hasn’t been able to break into the top three OTT platforms list.

iWorld Over The Top Services

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories