THE ECONOMIST- 1 trong 3 tạp chí thường được chọn để ra bài Reading trong IELTS.


__—- VOCABULARY –__

  1. Dowdy (a): unattractive and not stylish, often because of being old-fashioned (không hấp dẫn)
  2. Mind-numbing (a): extremely boring (chán ngắt)
  3. Rival (n): a person, group, etc. competing with others for the same thing or in the same area (đối thủ)
  4. Outlandish (a): strange and unusual and difficult to accept or like (xa lạ)
  5. Rage (v): to happen in a strong or violent way (diễn ra dữ dội)
  6. Swell (v): to (cause to) increase in size or amount (tăng lên)
  7. Lure (v): to persuade someone to do something or go somewhere by offering them something  exciting (cám dỗ, quyến rũ)
  8. Allure (n): the quality of being attractive, interesting, or exciting (sự quyến rũ, lôi cuốn)
  9. Reprise (n): a repeat of something or part of something, especially a piece of music (tiết mục lặp lại)
  10. Splurge (v): to spend a lot of money on buying goods, especially expensive goods (phô trương)
  11. Bundle (v): to add extra   products, services, or pieces of equipment to another product or service and sell them together, so you get the extra product, service, etc. For free or for a cheaper price (thêm vào)
  12. Fully fledged (a): completely developed or established (đủ bản lĩnh)
  13. Stay tuned: to wait or remain alert (Hãy chuẩn bị)
  14. Sequel (n): an event that happens after and is the result of an earlier event (kết quả)


Mobile video-streaming

HOTSTAR WARS

MUMBAI

Hollywood meets Bollywood as the global streaming wars reach India

On a typical night in India the family television set might be tuned to one of countless dowdy (không hấp dẫn) soap operas. The dramas play out over hundreds of episodes; strict broadcast standards on sex and violence mean they rarely sizzle. It is either that, or reality TV and game shows. “Mind-numbing” (chán ngắt) is how one entertainment executive describes it.

Flipping channels is no longer Indian TV-lovers’ only option, however. Hundreds of millions watch videos on their phones, on crowded commutes, at home in the evening, or (whisper it) at work—often free of charge. Netflix, Amazon and Disney, as well as local streaming rivals (đối thủ), now want to get Indians to pay to watch shows that look a lot like those in America and Europe—edgier, sexier, funnier.

Until 2016 widespread mobile streaming seemed as outlandish (xa lạ) as a Bollywood script. No one but the wealthiest Indians could afford that much mobile data. Then Reliance Jio, an upstart telecoms firm, started a price war, which rages (diễn ra dữ dội) on. The 300m smartphones on which Indians watch video today outnumber India’s 200m TV-owning households. As Sanjay Gupta, who runs Disney’s direct-to-consumer operations in India puts it, “there’s a second and third TV in every home.”

The boom in cheap mobile broadband has fuelled another in Hollywood-style programming. Netflix, Amazon and Disney (which owns Hotstar, India’s leading streaming platform) are investing hundreds of millions of dollars. Production budgets have swelled (tăng lên), luring (cám dỗ, quyến rũ) Bollywood stars, as well as consultants from Hollywood, Tel Aviv and other entertainment hubs. Hotstar is putting out Indian reprises (tiết mục lặp lại) of hit British programmes such as “Criminal Justice” and “The Office” at an estimated production cost of $100,000-300,000 an hour, compared with less than $30,000 for those dowdy soaps. Netflix, which last year released its first Indian original show, “Sacred Games”, and Amazon have splurged (phô trương) closer to $1m for an hour.

India’s allure is understandable. Besides being populous and fast-growing, it lacks quality home-grown cable television like HBO or Showtime against which new content providers must compete. “We never made our ‘Sopranos’,” says Sameer Nair, boss of Applause Entertainment, which produces “The Office”and “Criminal Justice” (scheduled to debut on April 5th).

However, in America $10 a month for Netflix is a steal next to an $80 monthly cable bill. India, where households can already enjoy 300 TV channels for $3-4 a month, is the other way around. Netflix costs twice as much. Media Partners Asia, a research firm, estimates the American streaming giant has just 1m subscribers in India out of its 139m subscribers worldwide. To boost that count it recently introduced half-price mobile-only offers for 250 rupees ($3.65) per month.

That may not be cheap enough. Amazon charges just 999 rupees a year for its Prime subscriptions, which include free shipping for purchases with the e-commerce behemoth as well as films and TV shows. Hotstar VIP, Disney’s new service which bundles (thêm vào) sports and programmes like “Criminal Justice”, costs 365 rupees a year. Mr Gupta says he hopes to spend close to $300m on original programming within a year. He would love to convert some of the 150m monthly viewers who tune in to such fare as big cricket matches, which Jio throws in with its mobile service at no additional cost, into fully fledged (đủ bản lĩnh) subscribers. Hotstar is eyeing 100m or more subscribers, not just 5m or 10m, he says. Stay tuned (Hãy chuẩn bị) for a sequel (kết quả) to Jio’s price war.

HP ACADEMY

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