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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Amazon is planning a big content play with Indian streaming companies; the latter are in a quandary.
Chaitanya Divan has his task cut out.
Earlier this year, the broadcasting executive was hired by Amazon to make its Prime Video platform a one-stop shop for video streaming subscriptions in the country. The Seattle-based company is planning to launch its Prime Video Channels service in India. In doing so, Amazon Prime wants to become an online marketplace for subscription-led streaming platforms.
According to at least four people privy to these conversations, Amazon has already reached out to “everyone in town”. Disney-owned Hotstar, Sony Pictures’ SonyLIV, Zee-owned Zee5, Balaji Telefilms-operated AltBalaji, Bengali video-on-demand platform Hoichoi, Shemaroo Entertainment’s digital platform Shemaroo …
Who’s going to lead the IPO party, what’s going to drive the market, where are some of the leading businesses headed, and more.
The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.
