Prasar Bharati Ventures Into OTT Space With ‘WAVES’

Share via:

Public broadcaster Prasar Bharati has unveiled its own over-the-top (OTT) platform WAVES, marking its entry into the streaming space to take on heavyweights, including Netflix, Amazon and Disney+ Hotstar among others.

The platform has been launched with a content slate spanning over 12 languages and features video-on-demand services, gaming, radio streaming, and 65 live TV channels. 

In an effort to stand out in the crowded streaming space, WAVES has integrated e-commerce capabilities through ONDC and opened its platform to content creators and film schools.

Further, it has also secured partnerships with several content providers such as Lionsgate for video content, and Mud Games and Tag Labs for gaming content.

Doordarshan’s OTT platform will also feature popular animation TV series such as Chota Bheem, Tenaliram, Akbar Birbal. Additionally, it will offer games like Krishna Jump, Fruit Chef, Ram the Yodha. The move is expected to draw young viewers to the platform.

It is pertinent to note that several central government ministries and states have also partnered with WAVES for content development, to codevelop content from docudramas to reality shows. The platform will also feature a cyber security awareness campaign in partnership with CDAC, MeitY, supported by programs like ‘Cyber Crime ki Duniya’ and ‘Cyber Alert.’

Prasar Bharati’s foray into the OTT landscape at a time when competition has intensified in India’s streaming market, with players like Netflix, Amazon and Disney+ Hotstar aggressively expanding their content catalogue to poach users.

The streaming space is also undergoing significant shifts, with platforms increasingly focusing on regional content and original programming to differentiate themselves. Recent data shows that 30% of Indians consume content on OTT in their preferred regional language, highlighting the importance of vernacular content.

WAVES enters a mature OTT market where platforms like JioSaavn, Gaana, ALTBalaji, Ullu, and others have already established strong regional content strategies. Recent market trends show increasing demand for vernacular content, with platforms expanding beyond Hindi and English to capture audiences in Tamil, Telugu, Marathi, Bengali and other regional languages.

The Indian subscription video on demand (SVOD) market in India is projected to grow at a compounded annual growth rate (CAGR) of 11.1% to become a $2.77 Bn opportunity by 2027.







Source Link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Prasar Bharati Ventures Into OTT Space With ‘WAVES’

Public broadcaster Prasar Bharati has unveiled its own over-the-top (OTT) platform WAVES, marking its entry into the streaming space to take on heavyweights, including Netflix, Amazon and Disney+ Hotstar among others.

The platform has been launched with a content slate spanning over 12 languages and features video-on-demand services, gaming, radio streaming, and 65 live TV channels. 

In an effort to stand out in the crowded streaming space, WAVES has integrated e-commerce capabilities through ONDC and opened its platform to content creators and film schools.

Further, it has also secured partnerships with several content providers such as Lionsgate for video content, and Mud Games and Tag Labs for gaming content.

Doordarshan’s OTT platform will also feature popular animation TV series such as Chota Bheem, Tenaliram, Akbar Birbal. Additionally, it will offer games like Krishna Jump, Fruit Chef, Ram the Yodha. The move is expected to draw young viewers to the platform.

It is pertinent to note that several central government ministries and states have also partnered with WAVES for content development, to codevelop content from docudramas to reality shows. The platform will also feature a cyber security awareness campaign in partnership with CDAC, MeitY, supported by programs like ‘Cyber Crime ki Duniya’ and ‘Cyber Alert.’

Prasar Bharati’s foray into the OTT landscape at a time when competition has intensified in India’s streaming market, with players like Netflix, Amazon and Disney+ Hotstar aggressively expanding their content catalogue to poach users.

The streaming space is also undergoing significant shifts, with platforms increasingly focusing on regional content and original programming to differentiate themselves. Recent data shows that 30% of Indians consume content on OTT in their preferred regional language, highlighting the importance of vernacular content.

WAVES enters a mature OTT market where platforms like JioSaavn, Gaana, ALTBalaji, Ullu, and others have already established strong regional content strategies. Recent market trends show increasing demand for vernacular content, with platforms expanding beyond Hindi and English to capture audiences in Tamil, Telugu, Marathi, Bengali and other regional languages.

The Indian subscription video on demand (SVOD) market in India is projected to grow at a compounded annual growth rate (CAGR) of 11.1% to become a $2.77 Bn opportunity by 2027.







Source Link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Should we ban social media use by kids, as...

The impact of social media use by kids...

Lightning looks to make managing AI a piece of...

AI may be the hottest thing since sliced...

OneRail’s software helps solve the last-mile delivery problem

Last-mile delivery, the very last step of the...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!