India’s Bollywood the latest victim of streaming wars?

Published

2 years ago

October 17, 2022

Brittany Coles

India’s Bollywood film industry has entertained billions of people – but for how much longer?

The industry is facing its biggest-ever crisis as the competition heats up in the streaming war

The South Asian giant churns out almost 2,000 films each year.

Cinemas have fallen quiet, even in Bollywood’s nerve centre of Mumbai, with box-office receipts plunging.

Bollywood is also hurt by the rise of streaming.

Around half of India’s population has access to the internet and streaming services, including international players such as Netflix, Amazon Prime and Disney+ Hotstar have 96 million subscriptions.

Movie-goers told AFP that many Bollywood films were simply not good enough.

But streaming isn’t the only rival – Telugu-language aka Tollywood movies, which is a south Indian competitor to Hindi-language Bollywood, have soared to the top.

“Bollywood, after decades of storytelling… seems to be at an inflection point unlike any other disruption it has faced before,”
State Bank of India’s chief economic adviser Soumya Kanti Ghosh in a recent report.

The Bollywood industry needs to pivot fast to maintain its large audience who are consuming their films elsewhere post-pandemic.

Related Topics:Business Politics trending

Up Next

Explosions heard in Kyiv believed to come from Kamikaze drones

Don't Miss

Teddy bears left in tribute to Queen Elizabeth II get a new home

Brittany Coles

Technological terror: China reveals uncanny AI romance film

Published

1 day ago

April 24, 2024

ticker NEWS

As competition intensifies in the streaming landscape, with players like Roku, Vizio, and Samsung launching their ad-supported platforms, TCL aims to carve its niche by offering compelling original content.

TCL, the renowned Chinese smart-TV manufacturer, announces its innovative use of generative artificial intelligence to produce original content for its streaming platform, TCLtvPlus.

Debuting this summer, “Next Stop Paris,” an AI-driven love story, marks the inaugural program from TCLtvPlus Studios

News

Grindr application cruises into court over privacy concerns

Published

1 day ago

April 24, 2024

ticker NEWS

Grindr faces lawsuit over alleged privacy breaches

Grindr, the popular gay dating app, is under fire in London as hundreds of users claim their private information, including HIV status, was shared without consent. The lawsuit alleges commercial use of sensitive data, sparking concern within the LGBTQ+ community. Grindr vows to defend its practices while emphasising its commitment to user privacy and compliance with data regulations.

News

The TikTok ban was just passed by the House. What could happen next?

Published

1 day ago

April 24, 2024

ticker NEWS

Washington D.C. has been under pressure to ban the popular Chinese-owned social media app TikTok.

TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the U.S.

Calls are growing louder from many lawmakers and national security hawks to ban TikTok, over fears the app could censure content, influence users, and give Americans’ personal data to Beijing.

But the Chinese tech company, ByteDance—which owns TikTok— denies the allegations.

Dave Levinthal, the Editor-in-Chief of Raw Story joins Veronica Dudo to discuss.