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17 May 2022 Volume 70 Issue No 63

iWorld | OTT

PFT is best to help M&E companies embrace cloud technology: CEO Ramki Sankaranarayanan
As media and entertainment companies increasingly make the move towards digital this spells a big opportunity for players like Prime Focus Technologies (PFT). The company offers customers solutions that help automate the content supply chain and digitally mediate enterprise workflows to manage not just the content.

Television | TV Channels

AMG Media Networks to acquire 49 per cent stake in QBM
AMG Media Networks Ltd, a part of Adani Enterprises Ltd, has signed definitive agreements with Quintillion Media Ltd and Quintillion Business Media Ltd to acquire 49 per cent stake in Quintillion Business Media (QBM). Quintillion Business Media owns and operates an exclusive business and financial news digital media platform.

iWorld | OTT

Vidnet'22: Industry experts talk about availability of original content remain unexplored in OTT space
Over the top, commonly known as OTT, has come a long way in the last five years. According to a new report by independent transaction advisory firm RBSA Advisors, India's streaming market is predicted to be worth $15 billion by 2030 and out of these the video market will grow to $12.5 billion size and the audio will be $2.5 billion.

Television | TV Channels

Shemaroo's digital business contributes 48 per cent to FY22 revenue
Shemaroo Entertainment posted its financial results for the fourth quarter and financial year ended on 31 March. The company's digital business contribution has grown from less than 10 per cent in FY14 to 48 per cent in FY22. This includes revenues from its OTT platform ShemarooMe and its content distribution agreements with telcos and OTT players.

iWorld | Gaming

E-Gaming Federation urges govt to maintain 18% GST for online skill gaming sector
The GST Council reconstituted a Group of Ministers (GoM) in February 2022 to study the GST rates for casinos, racecourses, and online gaming. The panel's terms of reference stated that it will examine the valuation of services offered by casinos, racecourses, and online gaming portals.

iWorld | eNews

Creators in M&E industry can't substitute storytelling with technology: Experts at Pearl Academy's Portfolio 2022
At Pearl Academy's Portfolio 2022, experts from the world of advertising, media, cinema and entertainment decoded the future of these industries in the metaverse during a panel discussion.
Press Releases
» Bollywood Stars Get On a 50cc Moped
» Asianet News' digital business turns profitable
» News Nation begins on-ground activity to increase brand engagement
» Republic Media Network's interview with Ukraine president garners 600 mn impressions
More News From Indian Television

iWorld | OTT

We aim to double our current subscriber base: OIL CEO Yugal Kishore Sharma
OneOTT Intertainment Ltd (OIL), the broadband subsidiary of NxtDigital Ltd (NDL), the media vertical of the Hinduja Group crossed one million wired home broadband subscribers. OIL added over 200,000 subscribers in the fourth quarter of FY22 recording a growth of 65 per cent over FY21.

iWorld | Telecom

Stakeholders can send feedback to TRAI's recommendations on MSO's platform services by 23 May
TRAI has announced on Friday that any stakeholder desirous of sending their views/comments/suggestions on the proposed Regulatory Framework for Platform Services offered by MSOs and TRAI's recommendations can do so through email by 23 May.

Television | TV Channels

ZEE5 announces RRR OTT premier in regional languages

After registering a tremendous success on theatrical release, RRR is all set to hit the OTT screens. On the eve of superstar NTR's birthday, ZEE5 has announced the release of the blockbuster movie 'RRR' on ZEE5 on 20 May 2022.

More Indian Stories From Elsewhere
» Google-led internet giants behind 'biggest data breach ever recorded'
» China's semiconductor output shrinks to 2020 level
Source: ETTelecom
» Netflix likely to roll out live-streaming for unscripted, stand-up shows
Source: ET
» A global session at Cannes to discuss India's artistic prowess

Source: TOI

» DTH players approach Government to seek 8% licence fee waiver; move aimed at remain competitive
Source: Zee Biz
» For faster 5G rollout: Telecom gear makers seek China ban relief
Source: Financial Express
» WEF 2022: 5 Indian start-ups among 100 to join Tech Pioneers community
» Google transmits our personal data 70 billion times in a day: Report

Source: BS

» PM Modi to address silver jubilee celebrations of TRAI on May 17

Source: BT

» Hughes India President Explains Why Conflict of Spectrum Exists Between Satcom and Telecom Operators

Source: Telecom Talk

» News, but no paper: India has a huge newsprint problem, but it's been brewing for a while

Source: The Print

More International Stories From Elsewhere
» Rebekah Vardy's WhatsApp messages 'just evil', Coleen Rooney tells court
» Prince Harry speaks out at 'critical moment' for children's online safety
Source: The Guardian
» Camila Cabello Joins 'The Voice' Season 22 as Coach
» Naomi Judd Remembered at Emotional 'Celebration' by Wynonna and Ashley, Brandi Carlile, Bono, Oprah, Emmylou Harris and Others
Source: Variety
» Crypto VCs can't just buy 'community'
» Uber Eats pilots autonomous delivery with Serve Robotics, Motional
Source: Techcrunch
» Writers Unions Strike New Deal for CBS News Staffers
» Fox Talks Sports, New Shows, News at Upfront Presentation
Source: Broadcasting Cable
» WOW Stock Soars as Talks With Morgan Stanley Infrastructure Heat Up
Source: Multichannel News
» 55% of Americans turn to TV to destress
» 2022 Emerging Leaders - Philo's Camille Schmidt
Source: Fiercevideo
» Etisalat buys stake in Vodafone
» OTT Question Time teams up with Broadband TV News
Source: Broadband Tv News
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