It has been a year since citizens of the world were asked to shelter in place to keep family, friends, and neighbors safe. With everyone staying home, the entertainment industry has had to adapt and evolve. People who would normally go out for dinner and a movie on a Friday night have whipped up new recipes at home and hit play on the latest Amazon Prime or Netflix original movie. This brought many broadcasters face to face with the “existential threat” of streaming.
Tom Holland is Spiderman. Thanks to the Russo Brothers, it is rather difficult to imagine Holland playing any character who isn’t wearing tights or swinging from a web with Mary Jane. His iconic role as Peter Parker has propelled his popularity among Marvel fans to monolithic proportions. After the release of “Spiderman: Far from Home,” Holland devotees will flock to just about anything he is involved in. Apple TV+ gives audiences a rare opportunity to see Holland expand his acting range for this rather dark role in “Cherry” which received an R-rating. Moviegoers be warned. This is not your friendly neighborhood web slinging feature for the kids. It is far from that.
India's government has established new rules for digital news organizations, social media intermediaries and OTT platforms under the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, released by the Electronics & Information Technology Ministry and the Information & Broadcasting Ministry on Feb. 25 2021.
More hours are being spent on the couch than on the road now with everyone in quarantine and working from home. We have seemingly replaced commuting in cars to bingeing TV. Streaming platforms are taking advantage of this new reality by churning out as much original content as they can. Older, forgotten shows are getting rebooted or renewed for additional episodes exclusively for their respective platforms. The show "Friends" has a reunion special confirmed to be exclusive to HBOMAX in 2021.
When people think of Disney, they reminisce about movies that defined their childhood, flying like Peter Pan, swimming through coral reefs like Ariel, or even grabbing a feather and “flying” like Dumbo. Disney brings magic to life on and off screen, and parents are more than happy to buy a costume or toy, so their children further enjoy a favorite Disney story.
The latest Media and Entertainment Outlook 2020 report by PwC states India is currently the world's fastest growing OTT market, and is positioned to become the world's sixth-largest by 2024. This means India is likely to overtake South Korea, Germany, and Australia in OTT revenue. Sizable investments by Netflix, Amazon, Disney+ Hotstar and other players in both originals and licensed content is expected to make up 93% of total OTT revenue.