The entertainment world has transformed dramatically in recent times. From music to gaming and film/TV, we’ve witnessed huge changes. A lot has changed in the way people are consuming content.
People are finding user-generated content online just as entertaining as traditional TV shows and movies. Social media and video-sharing platforms are becoming more popular than OTT platforms like Netflix.
Recently it was found that many people in India struggle to find what they want to watch because there are so many apps and services. And often, the recommendations they get don’t match what they like.
Many people in India are constantly switching between different entertainment services, depending on what content is available. This is making it hard for traditional media companies to keep up.
These companies need to focus on what consumers want, try new things to make money, and think beyond just TV shows and movies.
There are also chances that technology companies might do better at creating new types of entertainment bundles than traditional media companies.
In short, the study shows that India’s entertainment world is changing fast, and companies need to adapt to keep up with what people want. The biggest concern for OTTs is that social media short videos are finding a larger audience quickly compared to OTT content on streaming platforms.
