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indiantelevision.com Team
NEW DELHI: Star India CEO Uday Shankar has been appointed the new Chairman of FICCI?s Media & Entertainment Committee.
This position was earlier held by legendary filmmaker Yash Chopra, who passed away this year in October. Shankar will be supported by Ramesh Sippy and Karan Johar as the Co-Chair of the Committee.
Shankar has been the Chairman of the FICCI Broadcast Forum, and led the Forum on some seminal work towards broadcast digitisation along with Telecom Regulatory Authority of India and the Information and Broadcasting Ministry.
Multi Screen Media CEO Man Jit Singh will now be the new Chairman of the Broadcast Forum.
The FICCI Entertainment Committee has been working closely with the government on behalf of industry stakeholders for the past decade and has been responsible for achieving major milestones for the industry such as the accordance of ?industry? status to the Indian film sector; income tax rebate to the extent of 50 per cent on book profits to the multiplexes; tax holiday for five years by some state governments to give concessions or exemptions from payment of entertainment tax; spearheading the second phase of privatisation of FM Radio broadcast policy; submitting a definitive TRP report to review and recommend robust system of measurement of TRP; working with the Ministry to define roadmap and solve policy issues relating to animation, gaming , VFX and comic industry (AVGC); towards complete digitisation; forming a Sector Skills Council with NSDC to focus on skill development in the media sector, among others.
In a statement, FICCI said it looks towards Shankar?s vision, rich and varied experience and deft leadership to take the formidable Indian media and entertainment industry to newer heights.
On taking over as the Chairmanship, Shankar said that he would work with all industry stakeholders closely to formulate an agenda for sustained growth of the burgeoning entertainment sector and keep up regular and meaningful dialogue with policy makers.
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