Did you see Katrina Kaif washing vessels? She does it no differently, except maybe by filling the sink with soapy water to conserve water. She posted it on Instagram, to stay connected during the lockdown. Malaika Arora shared how she cooks Malabari stew and Akshay Kumar (dressed as a tree?) showed how to spend quality time with your partner. (As an aside, do people actually wear tropical-looking clothes before sagging into a hammock? Maybe celebrities do.) While other businesses are shrivelling up under the heat of this pandemic, entertainment industry seems to be seeing divided fortunes. On the one hand, new content is difficult to generate and monetise (with ad revenues set to plunge) and on the other, people are gobbling down whatever is available at a faster rate. According to a Nielsen and BARC study, average daily viewership for television grew by 32 million from January 11-31 to March 14-20. The time spent per user per week on video-on-demand apps has also seen an increase of 3%. To understand how the industry sees its future panning out, Outlook Business caught up with Applause Entertainment CEO Sameer Nair.
“It is an opportunity to build a habit of non-linear entertainment”
Industry veteran Sameer Nair dissects the impact of COVID-19 on the entertainment industry, and the opportunities and challenges that lie ahead