Sun TV Joins The View-On-Demand Video Platform; Stock Gains
Sun TV Network Ltd., became the fifth production company in India to launch subscription-based video-on-demand (VoD) service in the country. The Maran-family promoted group which has a bouquet of channels, mostly in South Indian languages, launched Sun NXT. The VoD service lets subscribers watch popular television programmes in four different languages. More than 1.1 million accounts have been activated within four days from its launch on Monday, said the company in a stock exchange filing on Friday. The Sun TV stock rose by after 2 percent intraday, after the announcement came in, to close at Rs 839.
This is the quickest path to thefirst million among its peers in this category. Momentum is strong andaccelerating and all signs point towards the next milestone of over 2 milliondownloads.Sun TV's Filing With Stock Exchanges
Sun NXT has three subscription plans right now:
- Monthly plan — Rs 50 for 30 days
- Quarterly plan — Rs 130 for 90 days
- Annual plan — Rs 495 for 365 days
The first 30 days are free post which subscription charges will be applicable, just like Netflix, or Star's Hotstar. Both services are available globally via android and Apple app store.
It will offer over 4000 movies and over 40 channels streaming Live TV, movies, kids shows, news, comedy clips and music. It will compete with the likes of Star India's Hotstar, Zee Entertainment Ltd.'s OZEE, Balaji Telefilms Ltd.'s ALT Balaji, and Viacom18's Voot.
-
Talking Points This Week: Leadership Shock At Nvidia, Earnings Strength, And The Fog Over Hormuz
The Anthropic IPO pricing and first trading day, Nvidia's upcoming earnings, and any fresh signals from Iran will set the tone for the following week.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
