BroadcasterPriceHike Hashtag trending on X

[Shark]

Now #BroadcasterGreed trending on X
at #2

https://twitter.com/x/status/1767475745780011317

 

[iDJ]

Now #BroadcasterGreed trending on X
at #2

https://twitter.com/x/status/1767475745780011317

This happens before general elections. It's like a new tradition.

 

[StoriesWithPK]

IMO OTT is not the future. OTTs are under huge loss and they don't generate any profit. Consider the current OTT prices as an introductory offer like we got free internet from Jio in 2016.

If OTT is not the future then there is no entertainment industry.

Jio made a net profit of 5000Cr + in 2023.

 

[Elvin Paul]

If OTT is not the future then there is no entertainment industry.

Jio made a net profit of 5000Cr + in 2023.

OTT may co-exist. But, would not be the only option. I mean to say that OTT cannot be said as the best option just by considering the current pocket expenses.

Did Jio make ₹5k+ Cr profit from OTT itself? I think you said about Jio Platforms that includes telecom.

 

[Stvnn]

If OTT is not the future then there is no entertainment industry.

Jio made a net profit of 5000Cr + in 2023.

Bro you are saying about Jio, not JioCinema.
Below article says about JioCinema.
The vertical’s net profit for the period, however, nosedived 25.6% to Rs 29 crore compared to Rs 39 crore a year ago.

IPL drives up RIL's media biz revenue by 142% to Rs 3,239 crore in Q1

'JioCinema’s advertising revenue was higher than TV as the platform attracted more than 13 times the number of advertisers on TV,' says RIL

www.businesstoday.in

 

[StoriesWithPK]

OTT may co-exist. But, would not be the only option. I mean to say that OTT cannot be said as the best option just by considering the current pocket expenses.

Did Jio make ₹5k+ Cr profit from OTT itself? I think you said about Jio Platforms that includes telecom.

You talked about how Jio was giving free internet.

Yes. Look at where they are now.

So OTT will co-exist and it is the future.

What JioCinema plans to do will completely change Connected TV landscape in India.

https://twitter.com/x/status/1767965283589722163

 

[StoriesWithPK]

Bro you are saying about Jio, not JioCinema.
Below article says about JioCinema.
The vertical’s net profit for the period, however, nosedived 25.6% to Rs 29 crore compared to Rs 39 crore a year ago.

IPL drives up RIL's media biz revenue by 142% to Rs 3,239 crore in Q1

'JioCinema’s advertising revenue was higher than TV as the platform attracted more than 13 times the number of advertisers on TV,' says RIL

www.businesstoday.in

Clearly stated that it was Jio as the above person was talking about telecom.

You don't look at current financials when there is a tried and tested model that works. Netflix didn't have profit until a few years ago. Now they make more in EBIT than Disney itself.