Aamir Khan’s pay-per-view bet tests India’s OTT market

Lata Jha
2 min read2 Apr 2026, 03:23 PM IST
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Aamir Khan’s Sitaare Zameen Par is set to stream on OTT platform SonyLIV after exploring a one-time rental model on YouTube.
Summary
Sitaare Zameen Par’s shift from YouTube rentals to SonyLIV highlights uncertain monetization, evolving viewer habits, and the cautious adoption of TVoD in India

NEW DELHI: Aamir Khan’s Sitaare Zameen Par is set to stream on SonyLIV after an initial one-time rental on YouTube, as industry experts assess the prospects of pay-per-view (transaction video-on-demand or TVoD) in India’s evolving film market. The model, long popular in the West, remains experimental here, they said, as audiences increasingly expect films to be available for home viewing within four to six weeks, often free or bundled on subscription OTT platforms.

Khan’s move highlights a key tension in the industry: while TVoD offers a direct monetization route, its commercial viability is uncertain compared with assured OTT deals. Sign-ups and log-ins for YouTube rentals, along with the niche appeal of pay-per-view, have limited viewer traction, reducing the incentive for other producers to follow suit.

Also Read | Aamir Khan gambles with YouTube release, experts doubt pay-per-view traction

“The (pay-per-view or rental) model works best under very specific conditions such as a known star or strong brand recall, good theatrical performance and content that can drive word-of-mouth. For mid-budget or smaller films, a guaranteed OTT deal still makes more sense because it reduces risk,” said Charu Malhotra, co-founder and managing director, Primus Partners.

Malhotra said YouTube’s unmatched reach makes it ideal for discovery and mass sampling at low price points, while OTT platforms engage a smaller but paying audience, offering higher completion rates and longer shelf life.

According to the Ficci EY Media and Entertainment Report 2026, TVoD revenues in India are projected to rise from 500 crore in 2025 to 740 crore by 2028. Yet monetization remains skewed towards micro-transactions and subscription models, rather than pay-per-view-led revenue.

Also Read | Filmmakers double down on mega-budget spectacles despite box office volatility

YouTube is India’s leading ad-supported video platform by reach and watch time, reaching four out of five internet users aged 18 and above. The YouTube pay-per-view release of Sitaare Zameen Par reportedly generated 20 times usual volumes, although no official figures were disclosed.

In this case, while Khan attempted a solid innovation, traffic on YouTube may have slowed over time, making the SonyLIV deal a logical move to reach more paying subscribers and build a longer-term relationship between the actor and the platform, according to film producer and distributor Yusuf Shaikh, founder and chief executive of low-cost theatre chain Janta Cinema.

Girish Johar, film producer and trade expert, said streaming platforms still limit acquisitions and insist on theatrical releases to gauge box office performance before pricing a film. In such a scenario, the pay-per-view strategy may have emerged as a viable experiment in order to reduce the reliance on OTT at a time that several films remain unreleased for want of digital buyers.

“The move hasn’t really seem to have paid off but it remains to be seen if other films, including those backed by Aamir Khan Productions itself, take that route,” Johar added.

Also Read | The OTT paradox: More shows than ever, but fewer real hits

About the Author

Lata writes about the media and entertainment industry for Mint, focusing on everything from traditional film and TV to newer areas like video and audio streaming, including the business and regulatory aspects of both. A journalist for over a decade, she has extensively covered relatively underexplored aspects of what is seen as a glamorous business—from the death of single-screen cinemas in small towns to unreasonable star fees and demands eating into film production budgets and eventually inflating ticket rates. She was early to spot what are now established and ongoing trends such as the slowdown in the OTT business and the surge in the popularity of southern movies, which she continues to spotlight. A regular writer of in-depth, long-form features, her best-read work ranges from critical profiles of companies like Netflix, JioHotstar and Prime Video to takes on sexual harassment and mental health in the entertainment industry. She spends a lot of time watching content, particularly the old-school way in movie theatres, to make sure her writing is embedded in on-ground experience, since she believes the best stories often come from the travesties of directly engaging with and paying for the content that she writes on, and not from celebrity tweets, company releases or listings. A graduate of the Columbia School of Journalism, she has also authored a book on the business of entertainment.

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