Shemaroo is now planning to have its very own streaming service in the next 6-9 months. Shemaroo has transitioned from being a DVD rental service to having a hit run on YouTube with its various titles.
While the most obvious comparison for Shemaroo is going to be Netflix, it doesn’t want to be in the same league as the international streaming service and instead plans to go beyond what Netflix does.
Increasing its movie catalogue by 3-5% every year, Shemaroo wants to license out its library to other platforms as well – instead of just streaming it on its own streaming service. Shemaroo further aims its revenue to grow fivefold in the next five years.