Why millennials are ditching TV for online content
6 years, 6 months ago

Why millennials are ditching TV for online content

Live Mint  

New Delhi: Pooja Umesh, 22, is a Bengaluru-based engineer. Sameer Nair, programming veteran and current chief executive officer of Applause Entertainment, a content production studio, says: “Not just younger audiences, the viewing shift is happening for the first 100 million viewers—the ones who first got satellite TV, first got internet, first experienced social media and e-commerce. This includes both the American services like Netflix and Amazon Prime Video and local brands like Balaji Telefilms’ ALTBalaji and those owned by broadcast networks like Star India’s Hotstar and Sony Entertainment Television’s SonyLIV. “In the next five years, India will have more than 10.8 million consumers accessing video content through connected STBs and dongles, equivalent to the number of active pay-TV HD subscribers today,” said Mihir Shah, vice president, Media Partners Asia, speaking to Mint earlier. In his recent article on the findings of the Broadcast India 2018 Survey, Broadcast Audience Research Council India CEO Partho Dasgupta said that TV is not going away, or “dying”.

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