We all have seen a very big rise in the streaming of the entertainment content over the OTT platforms in the wake of the global pandemic and the resultant lockdown. Do you think that the popularity of the OTT platforms will subsequently affect the business of the cinema halls and theatres premenantly in the future?
No more than television and radio disprutped film from the start, cable the dominant TV paradigm, videos, and so forth...
Indeed, the multiplication of offerings is interesting in itself as they do not in general cancel each other out. I don't think streaming will put an end to hard copies even, especially with the multiplication of streaming platforms (that might have the adverse effect of enhancing piracy). Though whatt will happen is the consolidation of such hard copies. Eventually all will be a single format...
Definitely. A certain group of people hereafter avoid spending time in theatres. OTT provides a better comfortable and sophisticated zone for them to work along with watching favorite shows with the family. People who wanna spend time with friends and enjoy may visit theatres. Certainly, a particular sector people will visit theatres to watch on the big screen and spend time outdoor.
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