Udhayanidhi Stalin: OTT Expands Cinema; TN, JioHotstar Ink Deal

• TN Deputy CM Udhayanidhi Stalin stated OTT platforms expand, rather than replace, the film industry, enabling global reach for local filmmakers.
• JioHotstar and the Tamil Nadu government signed a Letter of Intent to promote the state's creative talent and cultural heritage.
• The partnership is expected to generate 1,000 direct and 15,000 indirect jobs in Tamil Nadu.
• Kamal Haasan highlighted a Rs 12,000-crore commitment to South Indian storytelling, with Rs 4,000 crore earmarked for the region over five years.
• Regional stories are increasingly gaining national and international recognition, transforming the media and entertainment industry.

Why It Matters: OTT expands cinema, creates jobs, and globalizes regional content, not replacing it.