COVID-19
97% Indians have increased their monthly spends on content: Dolby
New-Delhi: Today, Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, released findings from a new global study illustrating a significant shift in consumer entertainment behaviour in India. The new homebound work and leisure economy has led to a sky-rocketing demand for new and quality content and for better devices.
TV segment ad revenue decline to be in range of 20-25% at end of FY21, report estimates
KOLKATA: The broadcasters have had rockier than the usual first half of the year due to ongoing crisis as the advertising spends fell drastically. While the market is slowly recovering, ad decline could be in the range of 20-25 per cent at the end of FY21. The report published by Elara Capital also predicts that Zee Entertainment Enterprises Limited (Zeel) and TV Today Network (TV Today) will outperform other broadcasters in terms of ad revenue.
How ISL is putting Indian football on the world map
Indians have long nursed a smouldering passion for football and sporting clubs have been around for decades in the country. A few of these hallowed clubs are over a century old, with an illustrious history and devoted fanbase of their own. In the past though, their woeful refrain was how India had yet to make a mark on the international footballing scene. That has changed over the past few years.
‘Safer For Each Other 2.0’: Uber reassures riders of safety
NEW DELHI: Uber has launched the second-leg of its marketing campaign, ‘Safer For Each Other 2.0,’ to reassure riders of various precautionary measures it is undertaking for rider and driver safety, including in-car partitions and frequent disinfection of vehicles.
Festive cheer in news organisations as pay cuts are reversed
NEW DELHI: Months after the Coronavirus reared its ugly head and made a shambles of the economy, the news industry is slowly coming out of the woods. This is apparent from the fact that several news organisations have reversed pay cuts that were introduced with the onset of the Covid2019 pandemic. Some players have even announced appraisals for their staff, making the festive period brighter.
Here's a look at the news media groups who signalled 'all is well' with the business through their recent actions:
Covid2019 pushes PVR into the red in Q2
NEW DELHI: Multiplex chain PVR closed the quarter ended 30 September 2020 in the red with a net loss of Rs 184 crore, as compared to profit of Rs 48 crores during the corresponding period of last year. This comes as no surprise, considering that cinemas were shut all over the country for the better part of the year under government directives to check the spread of Covid2019.
Indian news industry needs mid-course correction: Zee News’ Sudhir Chaudhary
NEW DELHI:, Zee News CEO and editor-in-chief Sudhir Chaudhary expressed his discontent towards BARC ratings and the news channels flaunting them on a weekly basis during a virtual fireside chat with Indiantelevision.com founder, CEO, and editor-in-chief Anil Wanvari on the concluding day of News Television Awards Summit 2020.
RIL posts strong Q2 earnings, media biz betters performance
KOLKATA: Reliance Industries Ltd (RIL) reported strong Q2 earnings on Friday. The telecom and retail business has driven the growth and the media business also bettered its performance.
“We delivered strong overall operational and financial performance compared to the previous quarter with recovery in petrochemicals and retail segment, and sustained growth in digital services business,” RIL CMD Mukesh Ambani said.
