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Business News/ Industry / Media/  Netflix acquires rights to Karthi-starrer ‘Japan’
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Netflix acquires rights to Karthi-starrer ‘Japan’

American streaming platform Netflix has acquired the rights to stream ‘Japan’, a Tamil film starring Karthi post its theatrical release

Video streaming platforms are likely to offer 50-60% of the budgets to southern language content. (Photo: Twitter)Premium
Video streaming platforms are likely to offer 50-60% of the budgets to southern language content. (Photo: Twitter)

American streaming platform Netflix has acquired the rights to stream ‘Japan’, a Tamil film starring Karthi post its theatrical release. It will be dubbed in Telugu, Malayalam and Kannada as well.

Video streaming platforms are likely to offer 50-60% of the budgets to southern language content, with these programmes seeing much traction, accounting for 30% of OTT viewership, said industry experts.

Films like ‘RRR’, ‘Beast’, and ‘Jana Gana Mana’ were big hits on Netflix, and Amazon Prime Video saw high interest for its Tamil original ‘Suzhal’.

Producers and executives also said the other advantage is southern originals are easy to put together as talent costs are not as high as Hindi content. It is estimated that 50% of overall subscription growth in 2022 came from the five markets down south.

‘RRR’, in fact, was the most popular film from India on Netflix globally.

Within its first four weeks on the service, the film was viewed for over 73 million hours across the world with more than two-thirds of viewing coming from outside India. Vijay-starrer Beast featured in the weekly Top 10 in 13 countries on Netflix while Telugu film Shyam Singha Roy trended on the India Top 10 row for films for 9 weeks and in the Global Top 10 row for films for two weeks in 11 countries such as Bahrain, Bangladesh, Oman, Qatar, among others. Apart from large, tentpole films, smaller southern titles have also broken out, with Jaya Jaya Jaya Hey, Love Today and Rorschach standing out as examples.

With north India, particularly the metros now starting to plateau as far as subscriber addition goes, streaming platforms are increasingly witnessing large portions of subscriber additions coming from the south. Opportunities lie in the fact that these markets have traditionally spent a lot of time on watching television, they like entertainment content and local competition is far from threatening.

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ABOUT THE AUTHOR
Lata Jha
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. She loves movies and spends a lot of her free time in theatres, which makes her job both fun and a bit of a challenge given that entertainment news often just talks about the glamorous side of things. Lata, on the other hand, tries to find and report on themes and trends in the entertainment world that most people don't notice, even though a lot of people in her country are really into movies. She’s a graduate of the Columbia School of Journalism.
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Published: 29 Jan 2023, 03:36 PM IST
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