Specials

Indian entertainment industry to be worth Rs 450 bn in 2009: PwC report

MUMBAI: The Indian entertainment industry will grow yearly at the rate of 18 per cent to reach Rs 450 billion in 2009. This data is contained in a report published PricewaterhouseCoopers. The report is titled Indian Entertainment Industry: An unfolding Opportunity and will be released at the Frames Convention on 4 April.

 

The Indian television industry will be worth Rs 300 billion in 2009. The report notes that the growth will be driven by the launch of new channels and the launch of new formats like reality shows. Subscription revenues will drive growth in this segment. In the short term subscription revenues will gain from improved realisations and an increase in the number of cable and satellite homes.

 

 

After that point corrections in the regulatory mechanism will pave the way for addressability and growth in digital distribution. Growth in television advertising is expected to outperform GDP growth by at least five per cent in the coming years.

The study notes that the film industry is being pushed forward by the growth of multiplexes. This has changed the movie viewing experience for consumers. It has also had an impact on the filmmaking business. The film market is expected to expand to over Rs 129 billion in 2009. The report notes that Indian animation rose to its highest levels so far in 2004. It is gaining ground in the outsourcing arena.

Meanwhile an increasing number of downloads of games on mobile phones will open new opportunities for gaming companies. Wireless uptake in India has been growing at the rate of over 80 per cent in the last few years. As far as FM Radio is concerned the expected rationalisation in the license fee structure could see the segment experiencing triple growth. The music and live entertainment sector has grown steadily this year.

PricewaterhouseCoopers India executive director entertainment and media practice Deepak Kapoor said, "Technology will drive the entertainment sphere into the next decade. Its boundaries will be merged with those of the telecommunications and IT segments. This will give rise to a host of value added features for consumers and new revenue streams for players in each segment. Mobile entertainment with its ability to dissect the boundaries of time and space will be the biggest growth driver."

"Content is and will continue to be the king of entertainment in the future. Securing rights over the content will decide the strength of players across segments. The challenge will then be of having a regulatory regime working towards adapting these advancements," he added.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/16/DTH-inside.jpg?itok=jUat5Lv6
The growth of DTH in India

MUMBAI: Dish TV, Videocon d2h and FreeDish. These were the three names that dominated India’s DTH sector headlines in 2016. The Essel Group’s Dish TV India is likely to forge the mother of a merger, (if permitted by shareholders and government departments) with another fast-growing rival -- the...

Specials Year Enders
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/13/inside.jpg?itok=fXb53zWv
Star's five marketing strategies that helped sports grow in 2016

"Business has only two functions: marketing and innovation," is a lesser known observation of Milan Kundera, the Czech-born French writer who’s more famous for Unbearable Lightness of Being and more such thought-provoking novels.

Specials Year Enders
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/11/inside%20image%203.jpg?itok=w_TR5TiK
Guest Column: As digital spreads wings, bolstering security is paramount

The dream of moving towards a cashless society has never been closer than it is today in India. With the recent decision of demonetization, the public is being actively urged to move online for their transactions, big or small.

Specials Year Enders
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/11/inside%20page.jpg?itok=yOoLpXQn
BARC India gets thumbs up for 2016...but challenges remain

“By definition, remarkable things get remarked upon,” so said Seth Godin, entrepreneur-turned full time speaker, writer and blogger.

Specials Year Enders
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/11/inside%20image.jpg?itok=quiq6PVc
Guest Column: Measure by Measure

Year ends are always a good a time to reflect on the past, take stock of the present and plan for the future. So let me begin, by reflecting on the year that was.  

Specials Year Enders
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/10/Inside%20image.jpg?itok=F94Nk64U
Guest Column: English content consumption showed upward trend in 2016

Consumption of English content continued to show growing trends during the year 2016 and the momentum is expected to be sustained this year as well.  An interesting and encouraging trend was the continual surge in Hollywood box office collections in India as compared to previous years. This...

Specials Year Enders
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/06/logo.jpg?itok=grS2PQtE
Guest Column: Regulating video in Internet age: Pressing challenges, slow movement

Video markets in Asia, as in other parts of the world, are being swept by a wave of commercial and technological adjustment to the rise of internet-delivered video, frequently referred to as “OTT” television. Unfortunately, in most countries adjustment of regulatory policies by governments is way...

Specials Year Enders
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/05/inb-800x800.jpg?itok=rkx_ocjD
Regulations 2016: Of DeMon challenges, changing goalposts & rampant litigation

The regulatory regime in 2016 not only continued to struggle keeping pace with fast-marching technology (4G is passé, 5G is being talked in some countries), but lack of consensus amongst stakeholders on major issues meant that litigation was rampant, thus leading to changing milestones.

Specials Year Enders
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/05/vivek1-800x800_0.jpg?itok=xnGHpaF4
Guest Column: 7 digital trends that will dominate 2017

As a digital marketing specialist, I often get asked by peers, clients and friends alike: “What can marketers look out for in the digital space next year? "Digital is by far the fastest growing medium and we can gear up for exciting times ahead. Here’s a peek at the top digital marketing trends (...

Specials Year Enders

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories