The State government of Kerala has announced plans to launch an over-the-top (OTT) platform known as CSpace.
About CSpace
- The CSpace-India’s first state-owned OTT platform, will be launched on November 1, 2022.
- It is aimed at ensuring space as well as revenue share for low-budget, independent films, and will be the first-of-its-kind initiative by a State government in the country.
- The ‘C’ in the name stands for cinema as well as Chitranjali, the Kerala State Film Development Corporation’s film complex.
- As per the state government, the new platform would not affect the theatre industry in any manner as the films would be first released in cinema theatres and then taken to the OTT platform.
- The platform will have a revenue-sharing model.
- In ‘CSpace’, the producer will get a revenue share every time someone watches the film.
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