Tag: Novi Digital

Why Ajit Mohan allowed Amazon Prime to advertise on Hotstar

MUMBAI: Hotstar subscribers were a little taken aback when they logged into their accounts to see Amazon Prime being promoted on the masthead during its launch week.

Some media observers even questioned whether Novi Digital (which runs Hotstar) CEO Ajit Mohan had lost it as he was allowing competitors to use India’s leading OTT/VOD platform to gain traction. Would the Times of India allow a fit and hungry rival to advertise its launch in the newspaper?

However, Ajit Mohan explained in an internal email to his team why he chose to allow Amazon Prime to advertise on it.

Indiantelevision.com has got access to this internal communication. Says Ajit in the email:

“Team:

Many of you have asked me over the last couple of days why we chose to allow Amazon Prime Video to advertise on Hotstar earlier this week, as part of their India launch. Here is why:

We are now an indispensable platform for any advertiser that is looking to target users on digital who actually have money to spend. And, nowhere else on digital, whether on social or on news or video, can they find audiences as engaged as they are on Hotstar. It is, therefore, not surprising that Prime Video was keen to launch their service on our platform.

Equally, we have always assumed that when users are given a choice, they will choose a service that offers a better experience and a more diverse content range. That’s the reason why we are the leading premium video service today. And we will continue to be the leader so long as we focus on retaining our extensive advantage on the above two. And, therefore, there is no reason for us to put artificial barriers vis-à-vis potential competitors. We are not planning to win by blocking others, we will win by continuing to do what we are doing well today.

Lastly, on Monday, the day Prime Video was on our masthead, we hit the highest watch time ever on Hotstar. Looks like we are adding value to our advertisers even as consumers are showing more and more loyalty to our service.”

We reached out to Hotstar to get more details on how much Amazon Prime paid for the prime position but came up against a wall. However, observers estimate that it is probably the highest that it has earned for that slot. Stay tuned in for more!

December 23, 2016
Why Ajit Mohan allowed Amazon Prime to advertise on Hotstar

MUMBAI: Hotstar subscribers were a little taken aback when they logged into their accounts to see Amazon Prime being promoted on the masthead during its launch week.

Some media observers even questioned whether Novi Digital (which runs Hotstar) CEO Ajit Mohan had lost it as he was allowing competitors to use India’s leading OTT/VOD platform to gain traction. Would the Times of India allow a fit and hungry rival to advertise its launch in the newspaper?

However, Ajit Mohan explained in an internal email to his team why he chose to allow Amazon Prime to advertise on it.

Indiantelevision.com has got access to this internal communication. Says Ajit in the email:

“Team:

Many of you have asked me over the last couple of days why we chose to allow Amazon Prime Video to advertise on Hotstar earlier this week, as part of their India launch. Here is why:

We are now an indispensable platform for any advertiser that is looking to target users on digital who actually have money to spend. And, nowhere else on digital, whether on social or on news or video, can they find audiences as engaged as they are on Hotstar. It is, therefore, not surprising that Prime Video was keen to launch their service on our platform.

Equally, we have always assumed that when users are given a choice, they will choose a service that offers a better experience and a more diverse content range. That’s the reason why we are the leading premium video service today. And we will continue to be the leader so long as we focus on retaining our extensive advantage on the above two. And, therefore, there is no reason for us to put artificial barriers vis-à-vis potential competitors. We are not planning to win by blocking others, we will win by continuing to do what we are doing well today.

Lastly, on Monday, the day Prime Video was on our masthead, we hit the highest watch time ever on Hotstar. Looks like we are adding value to our advertisers even as consumers are showing more and more loyalty to our service.”

We reached out to Hotstar to get more details on how much Amazon Prime paid for the prime position but came up against a wall. However, observers estimate that it is probably the highest that it has earned for that slot. Stay tuned in for more!

December 23, 2016
Hotstar targets billion minutes watch time daily

MUMBAI: The new mantra at the Twenty First Century Fox-owned Star India subsidiary Novi Digital’s Hotstar is the figure of a billion. Yes, a billion. Not a billion subscribers, but a billion minutes. Speaking at a conference in China yesterday, its senior vice-president and head of product Varun Narang stated that the OTT service’s target is to get to a billion minutes of watch time daily.

“Once you get to a billion minutes a day, you’re talking about a real, real business,” stated Narang at the conference.

Narang was roped in to Hotstar from Whipclip last year and has had more than half a decade’s product experience with top-notch services such as Hulu and Amazon in the US. He was recruited to lead the team which is helping build mobile solutions for the app and help innovate content discovery, quality of video playbacks as well as build native advertising platforms for the app.

Speaking at the Bank of America Merrill Lynch Media and entertainment conference earlier this month Twenty First Century Fox executive chairman Lachlan Murdoch had stated that Hotstar had gone from streaming 750 million minutes to 2.5 billion minutes between July and August 2016. That means it has some distance to travel before it gets to that billion minutes a day figure.

Responding to a question from ace analyst Jessica Jean Reif Cohen on the media powerhouse’s plans for India, Lachlan had elaborated that Hotstar is expected “to grow significantly with the launch of Reliance Jio’s mobile 4G service, which Hotstar is the exclusive (sic) program provider for. So, on the Reliance Jio phones — the biggest launch of consumer product in many many years – Hotstar is the exclusive television provider on the platform. And so we think where every single single consumer will have access to Hotstar premium which is a $3 service. And, they’ll have it provided by Reliance for free. So, it’s a very exciting time in India for us. Just to have this in perspective, those streaming numbers for Hotstar is about, if you compare with Netflix in India, Netflix is about six per cent the size of Hotstar”.

Among the initiatives, Hotstar is looking to scale up the product quickly is rolling it out globally in the near future, targeting the south Asian diaspora, Narang revealed at the conference. This was something that even Star India chairman Uday Shankar had stated at the Ficci Frames conference in Mumbai earlier this year.

Narang admitted that what was helping Hotstar is the fact that “content rights are a lot easier for us in India than they are in the US.”

Other things that could aid it get there is its catalogue of around 35,000 hours of entertainment content. At its investor call conference during the announcement of its annual results Twenty First Century Fox CFO John Nallen had pointed out that “in the beginning, we saw pretty severe sort of volatility and spike, largely around sports viewership on the Hotstar platform to when there was a big cricket tournament or something like that. But, gradually over the last year, what’s really built and gotten much more momentum is scripted programming, it’s Indian-scripted programming in multiple languages, and that’s really driving, that’s been the most gratifying and to see more consistent viewership of that and that’s really a big, big part of the volume now, and it’s the fastest way growing part of the volume on a consistent basis, local Indian-scripted programming at very high volumes.”

Currently, Hotstar has an estimated 72 million downloads with around 50 million active users.

September 23, 2016
Hotstar targets billion minutes watch time daily

MUMBAI: The new mantra at the Twenty First Century Fox-owned Star India subsidiary Novi Digital’s Hotstar is the figure of a billion. Yes, a billion. Not a billion subscribers, but a billion minutes. Speaking at a conference in China yesterday, its senior vice-president and head of product Varun Narang stated that the OTT service’s target is to get to a billion minutes of watch time daily.

“Once you get to a billion minutes a day, you’re talking about a real, real business,” stated Narang at the conference.

Narang was roped in to Hotstar from Whipclip last year and has had more than half a decade’s product experience with top-notch services such as Hulu and Amazon in the US. He was recruited to lead the team which is helping build mobile solutions for the app and help innovate content discovery, quality of video playbacks as well as build native advertising platforms for the app.

Speaking at the Bank of America Merrill Lynch Media and entertainment conference earlier this month Twenty First Century Fox executive chairman Lachlan Murdoch had stated that Hotstar had gone from streaming 750 million minutes to 2.5 billion minutes between July and August 2016. That means it has some distance to travel before it gets to that billion minutes a day figure.

Responding to a question from ace analyst Jessica Jean Reif Cohen on the media powerhouse’s plans for India, Lachlan had elaborated that Hotstar is expected “to grow significantly with the launch of Reliance Jio’s mobile 4G service, which Hotstar is the exclusive (sic) program provider for. So, on the Reliance Jio phones — the biggest launch of consumer product in many many years – Hotstar is the exclusive television provider on the platform. And so we think where every single single consumer will have access to Hotstar premium which is a $3 service. And, they’ll have it provided by Reliance for free. So, it’s a very exciting time in India for us. Just to have this in perspective, those streaming numbers for Hotstar is about, if you compare with Netflix in India, Netflix is about six per cent the size of Hotstar”.

Among the initiatives, Hotstar is looking to scale up the product quickly is rolling it out globally in the near future, targeting the south Asian diaspora, Narang revealed at the conference. This was something that even Star India chairman Uday Shankar had stated at the Ficci Frames conference in Mumbai earlier this year.

Narang admitted that what was helping Hotstar is the fact that “content rights are a lot easier for us in India than they are in the US.”

Other things that could aid it get there is its catalogue of around 35,000 hours of entertainment content. At its investor call conference during the announcement of its annual results Twenty First Century Fox CFO John Nallen had pointed out that “in the beginning, we saw pretty severe sort of volatility and spike, largely around sports viewership on the Hotstar platform to when there was a big cricket tournament or something like that. But, gradually over the last year, what’s really built and gotten much more momentum is scripted programming, it’s Indian-scripted programming in multiple languages, and that’s really driving, that’s been the most gratifying and to see more consistent viewership of that and that’s really a big, big part of the volume now, and it’s the fastest way growing part of the volume on a consistent basis, local Indian-scripted programming at very high volumes.”

Currently, Hotstar has an estimated 72 million downloads with around 50 million active users.

September 23, 2016