Amazon is expected to announce the launch of its Prime Video service at a press conference call in Mumbai later today.
Bollywood filmmakers as well as founders of comedy collective All India Bakchod will join Amazon Prime Video’s international VP Tim Lesley at the launch. That’s also an indicator on how Amazon Prime Video hopes to one-up on Netflix, which has been popular in urban India since its launch in January.
Amazon has beefed up on local content in deals with leading Indian film studios like Dharma Productions and T-Series. It has also acquired the rights to blockbuster regional movie hits like Kabali and Theri. It’s the local content play that has kept India waiting for the Prime Video service which Tech in Asia first reported on in July.
Netflix recently announced its first local series Sacred Games, but has nothing like the mainstream Bollywood movie collection that Amazon has lined up. Original series like House of Cards have been popular on Netflix, and Amazon too will bring its counterparts like Transparent, which won two Golden Globe awards.
Video-on-demand has been taking off in India, which is the world’s fastest-growing smartphone market. Hotstar, Hooq, Voot, and ErosNow are other players in the space.
See: Why the arrival of Amazon Prime is a key milestone in winning India
No wonder Flipkart’s worried
Amazon Prime annual subscription is currently available in India for INR 499 (US$7.40) – half of the international rate. The video service is expected to be available at no extra cost, which makes it far more affordable than Netflix, which costs US$8-12 a month – depending on the number of screens on which it is accessed.
Prime Video is likely to give a significant boost to Amazon Prime membership. This will add to the worries of India’s ecommerce leader Flipkart, whose co-founder Sachin Bansal recently made a public appeal to the Indian government to follow China’s lead in keeping its global competitor out of the country.
It’s probably too late for that now. Unlike in China, Amazon is close on the heels of Flipkart in its Indian market share and has set a benchmark in customer experience.
This post Amazon launching Prime Video in India today. Watch out Netflix, Flipkart appeared first on Tech in Asia.
from Tech in Asia https://www.techinasia.com/amazon-launching-prime-video-india-today-watch-netflix-flipkart
via IFTTT
No comments:
Post a Comment