Animation industry anticipating OTT revolution by 2020


MUMBAI:  As 2018 kick-started its journey with a bang, the question contemplated by broadcasters and the animation production segment was whether or not the media and entertainment industry was in the favour of animation. Animationxpress.com’s Spark Connect event saw a session on ‘2018, an animated year for the Indian Industry?’ with panellists—Toonz Media Group national head of marketing Kishor Srivastav, Green Gold Animation chief strategy officer Srinivas Chilakalapudi, Cosmos-Maya syndication, marketing and sales VP Devdatta Potnis, Discovery Kids India head of content Uttam Pal Singh and Vaibhav More Films founder and director Vaibhav More. The panel was moderated by Indiantelevision.com and Animationxpress.com founder, CEO and editor-in-chief Anil Wanvari.

Potnis said that the rise of over-the-top (OTT) platforms had enabled content to reach tier II and III cities via smartphone penetration. Online was a dominant factor in 2017 and was likely to turn the tables in the next two to three years.  Srivastav added that in 2011, the average consumption of a common Indian was 450 hours a year, which shot up to 6050 hours in 2017, aided by online videos in which animation had a big role to play.

Potnis also pointed out that kids were demanding regional animation content. He added that this was being driven by OTT and the local market. His company is soon to launch a spinoff of Motu Patlu soon. Discovery’s Singh highlighted that new IP creation is definitely on the cards but one needs to figure out the right stories and characters. He admitted that Discovery Kids wasn’t among the top brands and that the channel is going through a reinvention. Though creating an IP is difficult, he said that there isn’t any fatigue setting in.

Srivastav touched upon the facets that make Korean animation content work in India. “We need to create IPs for young adults and kids. The storytelling needs to be simple,” he said. He predicts that there will be more IP creation happening in India by 2018-2020. Creating one takes at least two to three years and not benefitting it is the lack of finance due to the low trust in the industry. He said that a creator needs at least Rs 4-5 crore to produce a series, as well as government incentives. Working with foreign companies doesn’t entail a tax but local production is stamped with a 15 per cent GST. He spoke of countries that provide up to 40 per cent subsidies with Singapore establishing it at 25 per cent and Malaysia creating a fund for animation producers. Such initiatives are what India lacks.

The advertising industry has also become judicious in its spending. Clients today are cautious in the areas they spend. They are also aware of the impact of the animation industry and are willing to shell out a higher amount if the quality is good.

OTT is surely the focus of even animation producers today. Knowing its power and potential and the reach it has to India and the world’s youth, the players are anticipating the boom in the next few years.

Also Read :

Kids prefer entertainment over edutainment on TV

Japanese kids' content going strong despite home-grown onslaught

Latest Reads

Hits debuts on Jio

NEW DELHI: Hits, one of Asia's top English networks bringing the best of Hollywood and UK TV shows, will now be available to Jio users. It will be introduced as a value-added linear service on JioTV for mobile users as well as JioTV+ for JioFiber users.

iWorld Over The Top Services
Mitron TV launches ‘Atmanirbhar Anthem’

KOLKATA: Short format video app Mitron TV has released the Atmanirbhar Anthem following the ban of 43 additional Chinese-origin apps by the Indian government. The anthem pays homage to the Indian technology community and reiterates the message of using homegrown products and services. The anthem’s...

iWorld Over The Top Services
Times Internet rolls back pay cuts as business picks up

KOLKATA: As media companies start seeing a rebound in business after the initial shock of the Covid2019 crisis, many of the biggies have begun rolling back pay cuts. The latest addition to the list is Times Internet Limited (TIL).

iWorld Over The Top Services
SonyLIV ramps up content portfolio with live sports, dubbed regional show

KOLKATA: After months of waiting to see Team India in action, SonyLIV is here with a breather for all cricket lovers. The much-hyped India Tour of Australia will go live on the platform starting 27 November. In one of the most high-octane series in international cricket, Kohli’s Men in Blue will...

iWorld Over The Top Services
This generation will witness shift from linear TV to OTT: Sameer Nair

MUMBAI: Ever since the Covid2019 pandemic cast its shadow over the world, the consumption pattern of audiences has altered drastically. The entertainment industry, for one, has witnessed radical changes as the shutdown of theatres led to viewers taking to smartphones to keep themselves engaged....

iWorld Over The Top Services
Cosmos-Maya secures global digital distribution deals

MUMBAI: Singapore-based animation studio Cosmos-Maya has secured three key digital distribution deals which will see its original content made available across 120 platforms globally, including Amazon Fire TV, Apple iTunes, Hulu, ROKU and Vudu. US-based OTT Studio has picked up four Cosmos-Maya...

iWorld Over The Top Services
Swati Mohan quits Netflix India

KOLKATA: Netflix India marketing director Swati Mohan has moved on from the organisation. She spearheaded the streaming giant’s marketing strategy at a very crucial time and led several big campaigns. She spent over two years at the organisation. Back in 2018, Mohan resigned from her position at...

iWorld Over The Top Services
Puneet Gupt on Times Internet’s performance post-Covid

Given the sudden uncertainties, digital publishers were fretting about the downturn in business at the beginning of Covid2019 crisis. Anticipating a very troublesome period, the publishers prepared to counter the worst situation.

iWorld Over The Top Services
Netflix India draws ire over a scene in A Suitable Boy

KOLKATA: Netflix India has landed in yet another controversy – this time, over a kissing scene in the series A Suitable Boy. The sequence depicting a Hindu girl kissing a Muslim boy against the backdrop of a Hindu temple seems to have offended a section of viewers as well as right-wing political...

iWorld Over The Top Services

Sign up for our Newsletter

subscribe for latest stories

* indicates required