MUMBAI: Two strong players in the Indian over-the-top (OTT) ecosystem i.e, Amazon Prime Video and ZEE5 are in talks for a partnership. According to a report in the Economic times, the platforms are currently negotiating for a platform deal.
The report also added quoting an unnamed source that it may take a month for both the parties to reach an agreement. Moreover, the structure of the deal and different models are being explored currently.
Whether ZEE5 content should be made available as an in-app or app-in-app format that is also being discussed. ZEE5 which is now more reliant on AVOD revenue is looking to expand its subscription video-on-demand (SVOD) business with the deal.
While in the United States Amazon has an optional add-on service called Prime Video Channels, Amazon might launch Prime Video Channels in India too. If the deal works out, ZEE5 could be the first service on the platform.
“Acquiring and retaining a customer and running an app is a completely different ball game altogether. Many people are now discovering that it is good to focus on content and partner with other players for distribution. Also, it is not sustainable to have 30-40 OTT services in a market. Economically too, these kind of partnerships are better for the consumer,” a top executive form a leading streaming service said as quoted by ET.