Question : Who is Sunil Rayan ?
(a)Newly appointed president and head of Disney+ Hotstar India
(b)Newly appointed CEO of JioCinema
(c)Newly appointed chairman of Netflix
(d)none of the above
Answer (a)
Related facts
- Disney+Hotstar is a streaming service provider in India.
- It has recently (June,2020) appointed Sunil Rayan as president and head.
- Since former Hotstar CEO Ajit Mohan left the company in 2018 to head Facebook’s India operations, the company had primarily been managed by its Star and Disney India chairman Uday Shankar.
- Former Star and Disney India managing director Sanjay Gupta had joined Google as country manager and vice-president of sales and operations for India last November.
Rayan : profile
- Rayan comes from Google where he was managing director for Google Cloud for Games.
- At Google, Rayan helped oversee product, engineering and business development strategies.
- Before that, he was managing director for the mobile app advertising business, associate principal at American management consulting firm McKinsey & Co with expertise in sales force productivity, sales growth and technology-enabled selling topics and software engineer at IT service management company iGate Mastech.
Over-the-top media services in india
- There are currently about 40 providers of over–the–top media services (OTT) in India, which distribute streaming media over the Internet.
- In fiscal year 2018, the OTT market in India was worth ₹2,150 crore (₹21.5 billion, US$303 million as of 2018), and its value grew to ₹35 billion in 2019.
- According to a KPMG report, the average time spent by Indian subscribers on various OTT platforms is 20–50 minutes.
- According to KPMG Media and Entertainment Report 2018, the Indian OTT market is expected to grow 45 percent to reach ₹138 billion by the end of fiscal 2023.
Hotstar
- Hotstar, (now Disney+ Hotstar), is the most subscribed–to OTT platform in India, owned by Star India as of 2018, with around 150 million active users and over 350 million downloads.
- According to Hotstar’s India Watch Report 2018, 96% of watch time on Hotstar comes from videos longer than 20 minutes, while one–third of Hotstar subscribers watch television shows.
By – Pankaj Pandey
Link:
https://www.livemint.com/industry/media/disney-hotstar-appoints-google-s-sunil-rayan-as-president-and-head-11592580710912.html
https://economictimes.indiatimes.com/industry/media/entertainment/disney-hotstar-india-appoints-sunil-rayan-as-president-head/articleshow/76481679.cms