Saregama India Limited CC-Mar24.pdf · 2024-05-24
Congratulations on great Q4 results. T here was this EY report which sugge sted in 2023, there are around INR 70 lakh paying subscribers of music in India, excluding YouTube Premium. What do you think is our estimate of the number of paying subscribers today for OTT music? And how do you see this number growing in the next two, three years? Are there any trends that you're noticing?
Okay. Understood. That's helpful. Can you give us some idea? I know you can't give the exact numbers, but some rough idea of how much of a music label revenue today is coming from paid subscription versus MGs or free ad-supported revenue model?