Broadcasters Are Optimistic About The Future Of TV In India

Future Of TV

The threat of OTT and integrated platform ecosystems like Android TV is at the peak. Its increasing penetration across all age groups may be a threat to the broadcasters in the coming time. But, it isn’t the case yet in India with 64 per cent TV home penetration and much room for growth. Data also shows that 86 per cent of Indian homes still watch TV on CRT sets and only 3 per cent are multi-TV homes. TV viewing in India has grown from 3 hr 14 min (2015) to 3 hr 36 min (2017) but it is still lower than US, which boasts of an ATS of 3 hr 54 min. This gives a clear indication that there is immense scope for TV and it will further rise. The FICCI Frames 2018 saw a session on ‘The future of TV in India’ with panellists Novi Digital CEO Ajit Mohan, Viacom18 COO Raj Nayak, Times Network MD & CEO MK Anand, Indiacast CEO Anuj Gandhi, EY Partner Ashish Pherwani, BARC CEO Partho Dasgupta and industry veteran Amit Khanna. The panel was moderated by Provocateur Advisory principal Paritosh Joshi. Anand said that better technology, bandwidth and campaigning had eased the worry of broadcasters. He added that it was much easier to start a video stream but monetisation had not been easy. Broadcasters seem optimistic about the future of television, despite the onslaught posed by digital media. At least in India, the television will reign houses and minds of people for some time to come.

 

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