Hotstar Capstone Project
Hotstar Capstone Project
Hotstar?
Sony Liv
JIO TV
Hungama NETFLIX
Myplex Amazon Prime
TVF! Triple Play
ARRE
2013
YUPP TV
VIU
EROS Now Asianet
2014
HOOQ Voot
Airtel TV
MUVIZZ Alt Balaji
Hoichoi
2015
SunNXT
2016
ZEE 5
2018
OTT Players
Timeline
10/2/20 2
• Launched in Feb 2015 by Star India, rebranded as Disney + Hotstar on 3 rd April 2020
as Star, and in turn Hotstar, were acquired by The Walt Disney Company in 2019
• Mission:
To revolutionize the Indian internet entertainment
through smart personalization, and by building a global
video platform - talk about taking over the world wide
web and the whole wide world.
• USP :
IPL rights, live sports coverage (cricket, football, hockey
kabaddi) to cater to Indian needs. All Disney and marvel
movie added to their kitty.
• Model
Free Ad supported model and two subscription-based
tiers. Hotstar VIP as 399/year and premium at 1499/year
• Hotstar has around 8 million paying subscribers in
India
• 300 million monthly users in April 2020
Source: https://tinyurl.com/y3kdzkka
Hotstar: STP Analysis
Segmentation :
• With not many OTT players, Hotstar started of as a sports
broadcasting medium and soon diversified into original content
and movie streaming channel.
Targeting:
• Hotstar targets all the audience who own a smartphones, Tablets
or laptops and are interested in streaming original content and
movies.
• With the recent partnering with Disney, the target segment has
improved as a lot of Disney and marvel shows will be streaming
on the App.
Positioning:
• The “ Go solo” campaign positioned Hotstar as a platform
where any one who wanted to watch anything could find it here
and could watch it.
Threat of New Entrants: Threat of Substitutes: High
Very Low Television and cinema still
Internet penetration was formed the main source of
steadily increasing and entertainment for the masses
preference for on-demand owing to a lack of smartphone
streaming platforms. penetration and relatively
Low infrastructure cost. expensive data connection
Product Place
Most local, diversified content Streaming services - No
which attracts all ages, popular physical space required
shows from Star Plus and (Web and Mobile platforms)
Hotstar specials
Price People
Penetration pricing, premium
Not much engagement on social media
subscription with
platforms to interact with customers
Disney+Hotstar - Rs 299 for a
month, Rs 1499 for 12 months
Differentiation
Investments & Subscribers
Source:
https://www.statista.com/statistics/1028166/india-hotstar-unique-visitors-number/
Changes in Viewers percentage
IPL Season
Salience
Marketing Management 13
Background
• Hotstar which was owned by Star India was a part of the
21st Century Fox
• It was acquired by Walt Disney in 2019
• In March 2020 Hotstar was rebranded as Disney+ Hotstar
• This led to the inclusion of Disney Plus original content
along with hundreds of other movies and series, including
shows from HBO, Fox, and Showtime in Hotstar.
• This also led to an increase in the price of Subscription
plans for Hotstar
Brand Resonance Model for Disney+Hotstar?
Now
Salience
Marketing Management 15
Perception of OTT Platforms
Perceptual Map
Market Share in terms of No. of Subscribers
Sources: https://www.businessinsider.in/tech/apps/news/netflix-launches-hindi-user-interface-in-india-two-years-after-amazon-prime-video/articleshow/77414233.cms
https://en.wikipedia.org/wiki/Over-the-top_media_service_in_India#:~:text=According%20to%20KPMG%20Media%20and,biggest%20market%20after%20the%20US.
Market Share in terms of Revenue
Netflix and Amazon with superior content and higher pricing models get a larger share in terms of revenue
https://www.statista.com/statistics/1028166/india-OTT-revenue-share/
The future looks bright for Hotstar!