How Ott platforms are replacing Movie theaters

Movie theatre is the one place where we have great time with our friends and family. If you want to have good times, movie theatre is the one place that can provide you such joyous environment .

It has been ruling the entertainment industry from a very long time. It brings all kind of people under one roof. Over time the movie watching experience has improved . Latest movie theatre are equipped with best sound system and visual experience. Despite such pros movie theatres are loosing customers. Slowly OTT platforms such as Amazon prime , hotstar and Netflix are gaining popularity. cinema lovers are turning their face towards online streaming platforms .

How Netflix growing.

People are preferring OTTs over cinema theatres as they can get any show, webseries, animes at their fingertips. Gradually they are replacing cinemas . There is a famous line that goes by ‘ Netflix and Chill ‘ which indirectly says enjoy your favourite shows sitting in your home. Netflix and Amazon have very cheap monthly subscription plan , If we compare the price of one show in theatres Netflix and Amazon are very cheap.Just the price of one show in theatres can give you acces to thousands of show in Netflix or Amazon. Netflix is also becoming opportunityf or new aspirng artists. Many popular shows shows.

have gained fame and popularity just by the OTT platforms. For instance the famous Spanish show Money heist was a flop show in Spain untill Netflix bought the webseries in December 2017. After that it went on to become one of the most watched show . Same goes with the Korean webseries Squid game . When it was aired on Netflix it made a quite impressive collection. Another reason for the decrease in moviev theatres is piracy. Just after one day of the release of movie they are being downloaded illegally on many websites. People feel like there is no necessity of reaching theatres.

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These kind of today platforms are gaining more popularity and as compared to movie theatres so these attracting customers from all over the world.

major reason to We losing movie theaters.

Earlier this month, Virginia theater owner Mark O’Meara saw something he had not seen for almost two years. Full house.

Audiences filled the 190-seat auditorium at the University Mall in Fairfax to watch “Spider-Man: No Way Home,” a landmark conclusion to Tom Holland’s powerful web hero trilogy. In the days since then, the film Sony Pictures and Marvel Studios has become the juggernaut of the world box office that once seemed impossible after the COVID-19. “No Way Home” has already earned $ 1 billion worldwide after less than two weeks in theaters and continues to invest heavily in the holidays.

Netflix makes its profit only through its subscribers. Subscribers pay a subscription fee to gain access to a variety of content on Netflix. Netflix does not rely on Ads for support or benefit; is a complete program that does not advertise once you have subscribed.

Netflix subscriptions start at Rs. 199 per month and from Rs. 799 per month. This includes access to 1 screen, 2 screens, or 4 screens at a time with HD and Ultra HD quality depending on your subscription type chosen by your user.

Amazon Prime earning source

Amazon Prime Video earns money through SVOD, TVOD, and Hybrid model. The report said that, by the end of 2019, Amazon Prime Video was holding a market of 96.5 million subscribers, earning an annual revenue of $ 119 million.

Subscriptions to OTT forums are much cheaper than movie tickets. With this subscription, you get more at a lower price. This means you can watch unlimited content like movies, programs, documents, and more, for a single PVR ticket.

In addition, these subscription fees are monthly, quarterly or annual, as per your agreement. Therefore, you do not have to pay every time you wish to broadcast something on the platform.

Another advantage of streaming movies on OTT platforms is the fact that users can enjoy these movies in their favorite regional languages. This way, you can stream a few Hollywood and Bollywood movies in your regional languages at no additional charge. Users can also download their favorite movies and TV shows, another great benefit of movies released on OTT platforms.
The first step to enjoying the release of a new movie on Netflix or similar OTT platforms is to download the app to your device. There are plenty of OTT platforms to choose from, Amazon Prime Video and Netflix in between are well known.

Should you wish to cancel your subscription at any time, you will need to visit the official website, log in to your account and cancel your live streaming subscription accordingly. Apart from paid OTT platforms, there are dozens of free OTT platforms in India such as Voot, Jio Cinema, and many more. Users do not have to purchase any subscriptions in order to stream interesting content

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