Like trains, flights, buses; TV and OTT will co-exist: Tata Play chief

NEW DELHI: Like trains didn’t go out of fashion even after a hundred years of airlines in operation, television is here to stay and co-exist with OTT, according to Tata Play MD and CEO Harit Nagpal.

Commenting on the debate on whether streaming services on devices could sound the death knell for television, Nagpal, said there will always be a segment of customers opting for TV in India.

“There are people who own private planes, have commercial airlines gone out of business? No! Airlines business has been around... have trains and buses gone out of fashion? No! “Of the 300 million Indian homes, 140 million are yet to buy their first TV... So, it doesn’t mean that if OTT has come, TV will go. They will co-exist,” said Nagpal, who is out with his debut book, ‘Adapt: To Thrive, Not Just Survive’. Admitting that there is a segment of people who have moved from TV to OTT, the 62-year-old here talked about recognising the other available segments, like those who till now could not save enough money to buy a TV. As per Nagpal, every time a new technology comes in and makes itself available for a particular segment of customers, there is a segment - that has always been there - which can only afford the older technology. “Now, if you say they’ll bypass television and go straight to the mobile, but where will they afford the cost of the broadband and the content both. It is like saying ‘if they can’t eat the bread, why can’t they eat the cake’.”