HomeNewsTrendsEntertainmentAfter INOX, PVR issues statement against digital premieres, expresses disappointment over direct OTT release

After INOX, PVR issues statement against digital premieres, expresses disappointment over direct OTT release

“We are disappointed with some of our producers deciding to go straight to the streaming platform/s,” said Kamal Gianchandani, CEO, PVR Pictures.

May 15, 2020 / 19:29 IST
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After INOX, now multiplex operator PVR has issued a statement against the release of new film content on over the top (OTT) platforms.

“We are disappointed with some of our producers deciding to go straight to the streaming platform/s. We were hoping that the producers would accede to our request to hold back their film’s release till cinemas reopen,” said Kamal Gianchandani, CEO, PVR Pictures.

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He added, “This is not the first time when films are being premiered on a streaming platform/s. Cinema exhibition has regularly faced competition from new emerging distribution platforms over the last many years. Yet, it has continued to enjoy cine-goers patronage and affinity.”

In the last few years, the debate whether OTTs will prove detrimental to cinema business has popped up many times. But nothing has changed for cinema so far. If video streaming platforms have seen a growth in subscriber base then theatres also have seen growth in footfalls.