thanks Ritesh for the clarification.
If they can produce episodes at the cost of 20-25 lacs per episode , it is good news.
However, seems low fig to me. If they outsource some of the web series to other production houses, then their cost will be low but will reduce revenue as part of it will need to be shared. Maybe this 100 cr is only for the web series they intend to produce on their own.
Also for TV , any idea if cost of production are shared by the TV channels. Since the program rights are owned by the TV channels , why would a production house make episodes all out its own pocket expenses when it doesn't own the rights. 18 lacs for 1 TV episode seems too less. We have seen the kind of sets the TV series have ( excluding the very expensive sets of History based series, Ashoka etc). These sets themselves will cost a lot. Agreed over a period of 100+ episodes cost per episode will go down. But then salary of actors, entire crew, director.
I agree if they can get some hit series , people will subscribe. Subscription fees of Rs 500-700 is pretty low, 2rs per day to watch an episode of your liking is not much.
What remains to be seen is the increase in the no. of PAID subscribers QoQ.
All the best.
Not yet invested. In watchlist.