How OTT Platforms Earn Money ?
What is OTT Platforms?
OTT refers to Over - the - Top. OTT Plaforms are online service providers who provided Video, Music like services on Demand by the Customer.
No need to stand in the Queue, No High cost & Services on Demand.
What are famous OTT Platforms in India ?
1. Netflix
2. Amazon Prime
3. Disney Hotstar
4. Alt Balaji
5. Airtel Xtream
6. Sony Liv etc.
How OTT Platforms earn money ?
There are 4 methods through which OTT Platforms makes money:
1. Subscription Video on Demand (SVOD) - In this method, Platforms provides various subscriptions plans like monthly, quarterly, half yearly or Annual subscription which includes various services which a User can enjoy anytime. Eg., Netflix Subscriptions
2. Transnational Video On Demand (TVOD) - Under TVOD, OTT Platforms charge as per the individual Services offered. Eg, Movie & Music Purchase on Google Play, Youtube etc
3. Advertising Video On Demand (AVOD) - Under this plan, OTT Platforms shows ads to its users. This is the Advertisement based revenue source to them. Eg., Youtube
4. Hybrid (Combined) - Under Hybrid Plans, OTT Platforms provide services on Bundle. Eg., Combination of SVOD & TVOD etc.
What are the Benefits of OTT Platforms for Customers ?
1. Easily Accessible
2. Low Cost Burden on Customer's Pocket
3. Instant Service
4. Switch In & Switch Out Facility
5. Variety of Services in One Place etc.
6. No need to stand in the Queue
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