OTT platforms can’t replace multiplexes, theatres: Subhash Ghai

Mumbai: Noted filmmaker Subhash Ghai has said that OTT platforms have expanded during the pandemic, but they cannot become an alternative to multiplexes and cinema halls in the country. He was speaking at a webinar organised by Abhilasha Production in collaboration with National Skill Development Council.

Ghai, however, emphasised that the digital platform has created “a new world” for the skilled youngster and content curator. “Now you can become an actor, director and entrepreneur. If the content is powerful then it is easy to get monetisation. A producer is ready to invest in your content,” he added.

During the webinar, the speakers highlighted that the OTT platforms have emerged as the biggest means of entertainment during the lockdown. According to statistical data, the subscription revenue of the OTT platforms was Rs 1,200 crore in 2019 and is estimated to reach Rs 7,400 crore by 2024.

Correspondent

Recent Posts

Russia Targets Ukraine’s Power Grid Again With Massive Missile And Drone Strikes

Over 40 missiles and 70 drones hit Ukraine's energy facilities, targeting gas infrastructure. Despite air…

55 minutes ago

Look At Global Leaders Reaction To Gaza Ceasefire Deal After 15-Month Conflict

World leaders, including President Biden, UN Secretary-General Guterres, and European officials, welcomed the ceasefire deal,…

1 hour ago

Cristiano Ronaldo Set To Extend Saudi Arabia Stay Becomes Co-Owner Of Al Nassr: Report

Cristiano Ronaldo’s new contract with Al Nassr will not only keep him at the club…

2 hours ago

Missi Roti Sparks Global Debate After Being Ranked Among World’s Worst Foods

Missi Roti, a nutritious Indian flatbread, ranks 56th on Taste Atlas' 'worst foods' list, causing…

2 hours ago

South Africa’s Illegal Gold Mine Crackdown Kills 78, Hundreds Rescued

South African authorities rescued 246 survivors and recovered 78 bodies from an illegal gold mine.…

2 hours ago

Micheal Martin Set To Lead Ireland Again As Prime Minister In New Coalition Deal

Fianna Fail leader Micheal Martin is set to reclaim Ireland’s premiership under a new coalition…

2 hours ago