• Bhubaneswar India
  • Contact+ 91-9938772605
  • Mon - Sat : 10:00AM - 6:00PM

Tag: home

Streambox Media Introduces Dor: India’s Pioneering Subscription TV Service for Home Entertainment

27th November 2024: Streambox Media, a strategic media-tech venture founded by Anuj Gandhi and backed by Micromax Informatics, along with Nikhil Kamath and Stride Ventures, proudly unveils Dor — India’s First Subscription-based Television Service. Focusing on technological innovation and seamless user experience, Dor is set to transform how Indian households access and enjoy entertainment at home and on the move. This one-of-its-kind product-as-a-service model is set to go live in India through Flipkart on December 1st, 2024, subsequently opening to other platforms and the offline distribution ecosystem.

This groundbreaking subscription service integrates a high-performance 4K QLED TV with SVOD OTT streaming platforms, AVOD platforms, Live channels, Gaming, News and more into a single, affordable monthly subscription plan. Powered by India’s indigenously designed and developed, Dor TV OS, the subscription platform ensures an intuitive and unified viewing experience for consumers, eliminating fragmented navigation across multiple devices or apps

Rahul Sharma, Co-Founder of Micromax Informatics, also shared his thoughts: “The home entertainment landscape is witnessing a tectonic shift with the rise of subscription and leasing models. Younger audiences, Gen Y and Zoomers, prefer renting over owning, prioritizing flexibility and value. With Dor, we are introducing a market disruptor that meets these evolving consumer preferences. Leveraging India’s indigenously designed and developed Dor OS, this TV Subscription Service captures what a future-ready technology can achieve across Global Markets. We strongly believe Dor is poised to be a game-changer in the Indian entertainment ecosystem, offering a unified service to address affordability and innovation for our customers.”

Anuj Gandhi, Founder and CEO of Streambox Media, expressed his enthusiasm about the launch: “The Indian connected TV ecosystem is rapidly evolving, with the number of connected TV households expected to grow from 50 million to 100 million within the next five years. However, fragmented services and high upfront costs continue to deter a large segment of potential users. Dor bridges this gap by integrating cutting-edge AI technology, multiple content platforms, and the proprietary Dor OS with its hyper-personalization and intuitive content discovery into a subscription-based model. As a first-of-its-kind TV-as-a-service model in India, Dor positions itself as a future-ready innovation, offering unmatched value to an addressable market with immense growth potential. We strongly believe that Dor has the potential to become a must-have for consumers in times to come, and that’s why we offer a 4-year warranty along with security and software upgrades. We are here to make a real difference.”

A Future-Ready Subscription Model
Dor TV’s unique subscription model offers consumers a flexible and cost-effective way to access high-quality entertainment. The upfront cost of ₹10,799 includes the activation fee and one month of subscription service. The customers can enjoy a comprehensive package that combines hardware, content, and continuous software updates. Beyond the first month, the subscription fee for the TV will be ₹799 per month till the end of the 12-month subscription period. Post this, one can opt for customized packages based on their viewing preferences. The television comes with a four-year warranty and product upgrade options, allowing the consumer to freely enjoy their content at their convenience.

Unmatched Viewing Experience
Dor’s first offering, the 43-inch QLED TV offers 4K Ultra HD resolution – delivering sharp, lifelike visuals, Dolby Audio – for an immersive sound experience and comes with a Solar-Powered Remote control and a Companion App. The integrated Dor OS consolidates 24+ OTT apps alongside 300+ channels under a Single Sign-On & a Single Subscription, ensuring a seamless entertainment experience. This unified experience is further enhanced by Dor’s AI-powered search and discovery capabilities and intuitive navigation built on extensive knowledge graphs.

Availability
The 43-inch Dor subscription TV will be available through Flipkart starting 1st December 2024, priced at ₹799 per month and with an upfront activation fee of ₹10,799(which includes one month’s subscription fee). The 55-inch and 65-inch variants are slated for launch in early 2025, expanding the offering for Indian consumers.

Perspective by Sandeep Ahuja CEO of Atmosphere Living on home sales registrations for October 2024

by Sandeep Ahuja CEO of Atmosphere Living on home sales registrations for October 2024.

November  2024 has been one of the best in the last 5 years with 133569 registrations in Mumbai. A slew of new project launches, varied range of choices, higher disposable income, improved sentiment due to festive season are some of the factors impacting demand and higher sales.

The notable point is that luxury homes are the most sold with the rise in demand from HNI and NRIs as Indian real estate, especially Mumbai, has become a hotspot for investment. The interesting development we are noting is that most buyers are first-time and end-users, with some new investors.

The sale of luxurious properties in Mumbai have been fluctuating over time as noticed in reports by Maharashtra IGR & CRE Matrix. 377 units sold out in the year 2019 had seen an upward leap of 429 units in 2020. However, this touched its maximum value with 863 units sold in the year 2021 followed by a very minute down in the figure that hit 781 in 2022. On the contrary, sales touched a bounce to 951 units in 2023. By June 2024, 622 luxury units have already been sold. These numbers reflect the vibrancy of luxury real estate sales in Mumbai. We expect the potential homebuyers to cast a wider net across India and many more cities and invest in premium developments. The steady economic growth projection will ensure real estate remains the premium asset class for investors.”