There has been substantial growth in the subscription of ALTBalaji even before the lockdown had begun: Nachiket Pantvaidya, CEO ALTBalaji, and Group COO Balaji Telefilms

There has been substantial growth in the subscription of ALTBalaji even before the lockdown had begun: Nachiket Pantvaidya, CEO ALTBalaji, and Group COO Balaji Telefilms
Wednesday, July 29, 2020 17:25 IST
By Santa Banta News Network
According to a recent survey, the percentage of increasing internet users in rural areas is surprisingly more than the urban cities. The latest report by the Internet and Mobile Association of India (published in Times of India) suggests that rural India had 227 million users, 10 percent more than urban India's about 205 million.

There's no denying the fact that there has been tremendous growth in digital consumption, especially during the Covid-19 lockdown. Naturally, there has been a huge spike in the OTT subscription by the content-hungry populace.

One of the major players in the OTT space - ALTBalaji (India's leading homegrown OTT platform) has witnessed higher engagement with the platform, with consumers watching more shows, including older library content that offers a bouquet of different genres of content spread across 62 original shows.

Understanding the changing OTT behaviour in urban towns v/s rural places, the percentage of traffic observed from top eight metros including Delhi NCR, Mumbai, Pune, Bengaluru, Jaipur, Ahmedabad, Hyderabad, and Kolkata during the fourth quarter is 44 percent as compared to viewership from non-metros, tier 2 /tier 3 towns, and cities, which equals to 56 percent. It translates to an increase in subscriber base from the hinterlands, with them spending more time on the platform hence providing a dual advantage.

Nachiket Pantvaidya, CEO ALTBalaji, and Group COO Balaji Telefilms said, `There has been substantial growth in the subscription of ALTBalaji even before the lockdown had begun, and more importantly during the three months of lockdown. As per statistics, India's tier 2 & 3 towns have seen an upswing of internet users that has been hugely beneficial to the OTT platforms."

`The last few months have been beneficial, in terms of content and subscribers' growth. The growing demand for new seasons of the popular shows including, Baarish 2 and Kehne Ko Humsafar Hain 3, among others, have also added to the brand popularity. Post lockdown, the target is to launch two shows every month, and we have got around 10-12 shows that are in various stages of production. We are the No 1 player with 62 original shows in various genres, and we will continue fuelling that position by putting more shows on our platform,` he concludes.
Varun Dhawan Unveils First Poster of 'Nain Matakka' Featuring Keerthy Suresh!

Varun Dhawan's upcoming film Baby John is already creating waves in the entertainment world. The latest buzz surrounds the highly anticipated track "Nain Matakka," and the excitement reached new heights when Varun shared the

Friday, November 22, 2024
'Agni' Trailer Unveiled: A Tribute to Firefighters' Bravery and Sacrifice!

The much-anticipated trailer for Agni, directed by National Award-winning filmmaker Rahul Dholakia, was released on Thursday, offering a gripping look into the world of firefighters, their bravery, and the sacrifices they make to protect

Friday, November 22, 2024
Sara Ali Khan Shares Fun BTS Moments from Ad Shoot, Invites Fans to Let Their Spirits Soar!

Bollywood actress Sara Ali Khan recently took to Instagram to share a delightful behind-the-scenes (BTS) glimpse from her latest advertisement shoot, revealing her cheerful mood and creative spirit. In a playful and heartwarming post, Sara shared a video

Friday, November 22, 2024
Kartik Aaryan Enjoys Quality Time with 'Sea, Sand, and Sun' at IFFI Goa!

Bollywood heartthrob Kartik Aaryan, who is currently in Goa for the prestigious International Film Festival of India (IFFI) and Filmazaar, took a moment to unwind and connect with nature. The actor shared a series of serene pictures on his Instagram, showcasing

Friday, November 22, 2024
Shehnaaz Gill Starts Shooting for Punjabi Film: A New Journey Begins!

Actress and social media sensation Shehnaaz Gill is all set to embark on a new chapter in her career, as she commences shooting for her upcoming Punjabi film. The actress shared her excitement with her fans on Instagram, marking this milestone

Friday, November 22, 2024
ADVERTISEMENT
ADVERTISEMENT