Page 2 - Media

Apple close to finalizing deal with FIFA over TV rights, says report

The tournament will be held in the United States for the first time next summer, the report said, adding that a deal could be announced as soon as this month

Netflix subscriber growth in focus as password-sharing crackdown gains fade

Netflix is expected to add 5 million subscribers in the first quarter ended March, according to LSEG data

Walt Disney poised to claim victory in bitter Nelson Peltz board fight

If Disney does prevail, it will be a victory for Chief Executive Bob Iger as he steers the Mouse House through the industry's shift to streaming

Infosys to provide AI tools to German media firm for storytelling, reports

IT company Infosys will provide artificial intelligence (AI) technology to Germany-based Handelsblatt Media Group for storytelling, compiling reports of global economic and financial topics under a strategic deal signed between the companies, the Bengaluru-based firm said on Wednesday. In the first year of this partnership, Infosys will work with Handelsblatt Research Institute (HRI), an independent economic research institute under the umbrella of the Handelsblatt Media Group, where it will leverage its AI-based platform, Infosys Topaz, to support HRI in making reports on global economic and financial topics more accessible and consumable for the public, Infosys said in a statement. "As an AI and Digital Innovation Partner for the Handelsblatt Media Group, Infosys will bring the best of digital technology to power innovative storytelling to inform and delight Handelsblatt's core audience," the statement said. Founded in 1946, the Handelsblatt Media Group, which is based in ...

Maintaining credibility vital to brand equity: TN Ninan, Akila Urankar

Former Editor & Chairman TN Ninan and Director Akila Urankar speak on the future of media houses in India during Business Standard Manthan

Media should be objective, not power broker: Vice President Dhankhar

Vice President Jagdeep Dhankhar on Saturday said media should not be a power broker and it serves its cause best by being objective and not getting involved in politics. He also termed the debate over the Citizenship Amendment Act "orchestrated" and urged the media to play its role in such a situation. The law does not deprive any Indian citizen of his or her citizenship rights but an impression is being generated differently, Dhankhar said. "It is unfortunate that some failed to recognise the historical context and soothing impact from human rights perspectives to persecuted minorities in the neighbourhood," he said referring to the Citizenship Amendment Act, rules for which were notified recently. He said the media serves its cause best by being objective and not getting involved in politics. "We know the ground reality. I will not reflect more on it," Dhankhar said. He also said that the media should not be a "power broker". "Media has to only do its job. The fourth pillar of

Delhi court grants police 10 more days to complete NewsClick investigation

A court here on Wednesday granted the Delhi Police 10 days more to complete its investigation against NewsClick founder and editor-in-chief Prabir Purkayastha in a case lodged under the anti-terror law UAPA over allegations that the news portal received money to spread pro-China propaganda. Additional Sessions judge Hardeep Kaur passed the order on an application filed by police, which sought more time to complete its investigation, claiming it was "at a crucial stage". The judge had on December 22 granted the city police 60 more days to complete the probe. The court on February 23 further granted 20 more days to police to conduct the investigation. The judge also extended the judicial custody of Purkayastha and accused-turned-approver Amit Chakravarty, NewsClick's HR department head, by 10 more days. The Special Cell of Delhi Police had arrested Purkayastha and Chakravarty on October 3. Without the court's permission, the probe agency would have had three months from the day of

Britain will change law to ban foreign countries from owning newspapers

The decision comes at a time when Britain is using a separate regulatory process to weigh up whether to allow Redbird IMI's bid for the Telegraph

I&B minister Anurag Thakur launches 'Swaraj' series on OTT platform

Information and Broadcasting Minister Anurag Thakur on Tuesday launched the first season of "Swaraj" on OTT platform Amazon Prime. Speaking on the occasion, Thakur said, the launch of the series on the over-the-top (OTT) platform was a true tribute to all those unsung great heroes of our independence who sacrificed everything for the country. He said the series was commissioned taking inspiration from the "Azadi Ka Amrit Mahotsav" national campaign of Prime Minister Narendra Modi and captures the stories of bravery in India's freedom struggle about which very few people know. "These are the wars which got lost somewhere in the pages of history. I am confident that this series will instil a sense of pride in our youth towards the history of our nation," Thakur said. He said the series will help the national and international audience understand the spirit of the country's 500-year-long relentless struggle to gain independence from colonial rulers. Produced by Contiloe Pictures, the

Zee MD & CEO Punit Goenka revamps revenue vertical, Rahul Johri resigns

Zee Entertainment Enterprise Ltd on Saturday announced the resignation of Rahul Johri and changes in the revenue vertical of the broadcast business implemented by its MD & CEO Punit Goenka. Johri, who was President - Business of Zee Entertainment Enterprise Ltd (ZEEL), and heading revenue and monetisation, has resigned after a stint of over three years, according to a statement from the company. The company has accepted the resignation of Johri, it added. Besides, ZEEL also announced strategic changes in the revenue vertical of the broadcast business. Now Ashish Sehgal, Chief Growth Officer, Advertisement Revenue, will directly report to the MD & CEO, said ZEEL. "This announcement is the first step towards streamlining the organization, in order to optimize the resource allocation and enhance productivity," it said. Before ZEEL, Johri was the first Chief Executive Officer at the Board of Control for Cricket in India (BCCI) and led Discovery's South Asia operations. Goenka ...

X's long-form videos will soon be available on smart TVs: Elon Musk

"Coming soon," Musk said in a brief response on X to a user's posting that the platform's long-form videos could be watched directly on smart TVs

Paramount in talks to sell India TV joint venture stake to Reliance

New York-based media company has been in advanced talks to sell its minority stake in Viacom18 Media Pvt. to Reliance, said the people, who asked to not to be identified as the information is private

Kerala to launch India's first govt-owned OTT platform on March 7

Kerala is poised to make waves in the digital entertainment realm with the launch of CSpace, India's inaugural government-backed OTT platform. Set to debut this Thursday, the platform aims to deliver a unique blend of informative and entertaining content tailored for the masses, an official statement said here on Tuesday. Chief Minister Pinarayi Vijayan will launch the OTT platform at Kairali Theatre on March 7 at 9.30 am. Cultural Affairs Minister Saji Cherian will preside. "CSpace is essentially a response to the growing imbalances and multifarious challenges in the OTT sector in terms of content selection and propagation," said Shaji N Karun, noted film director and Chairman, Kerala State Film Development Corporation (KSFDC), at a press conference here. CSpace is managed by KSFDC, a state-owned company entrusted with the promotion of Malayalam cinema and industry, on behalf of the Department of Cultural Affairs, Government of Kerala. For selecting and approving the content, KSF

M&E to cross Rs 3 trn in 2026, digital media to top TV this year: Ficci

The digital media will potentially overtake television as the leading segment in the media & entertainment sector in 2024 with an estimated size of Rs 75,100 crore, said a joint report from industry body FICCI (Federation of Indian Chambers of Commerce and Industry) and EY on Tuesday. While the Indian Media & Entertainment (M&E) sector grew by 8.1 per cent in 2023, reaching Rs 2.32 lakh crore and is expected to touch Rs 2.55 lakh crore and cross Rs 3 lakh crore mark by 2026, it added. "We expect the M&E sector to grow 10.2 per cent to reach Rs 2.55 trillion by 2024, then grow at a CAGR (Compound Annual Growth Rate) of 10 per cent to reach Rs 3.08 trillion by 2026," the report said. Though in 2023 television remained the largest segment with Rs 69,600 crore, however, it had a degrowth of 1.83 per cent as against Rs 70,900 crore in 2022, it said. While, the digital media in 2023 crossed Rs 65,400 crore and is expected to be around Rs 75,100 crore in 2024, which is ahead

Registration of newspapers, periodicals goes online via Press Sewa Portal

Registration of newspapers and periodicals is now a click away as the new law has replaced the colonial era Press and Registration of Books Act dating back to 1867. The government has notified the Press and Registration of Periodicals Act (PRP Act), 2023, and its Rules in its Gazette and consequently the Act has come into force from March 1, an official statement said. From now on, the registration of periodicals shall be governed by the provisions of the PRP Act and the Press and Registration of Periodicals Rules. According to the notification, the office of the Press Registrar General of India (PRGI) shall carry out the functions of the erstwhile Registrar of Newspapers for India. The new Act provides for an online system for facilitating the registration of newspapers and other periodicals in the country. The new system replaces the existing manual, cumbersome processes involving multiple steps and approvals at various stages which were causing unnecessary hardships to the ...

'Regional languages content on OTT platforms growing significantly'

OTT platforms are growing significantly in various regional languages across India, Ministry of Information and Broadcasting Secretary Sanjay Jaju said on Wednesday. In his keynote address at India Digital Summit (IDS) 2024, here, Jaju pointed out that there were over 60 OTT platforms in India, of which 30 per cent OTT originals were operating in regional languages. The number is expected to go up to 50 per cent this year. He also said that the media and entertainment sector was a huge sector and played a pivotal role in the Indian economy. "It's been growing phenomenally at a rate of 20 per cent and is approximately Rs 2 lakh crore. In that, the digital media segment is the second largest sub-segment, and has been showing a growth of approximately 30 per cent -- around Rs 60,000 crores -- and the film segment has a 25 per cent growth rate," he said. Over 200 films were released on digital platforms in the last year, including 75 films which were released directly on digital platfo

Google hit with $2.3 bn lawsuit by 32 media groups including Axel Springer

Google last year said it disagreed with EU antitrust charges against its ad tech business where it is involved in both the buy-side as well as the sell-side of the supply chain

Reliance, Disney sign $8.5 bn deal to form JV, to merge media ops in India

Reliance, led by Asia's richest man Mukesh Ambani, will inject $1.4 billion in the merged entity, with the company and its affiliates holding a more than 63% stake

Vice Media to stop publishing on its website, lay off 'several' hundreds

Vice Media's CEO, Bruce Dixon, said that it was no longer cost-effective for Vice to distribute digital content, including news

New streaming deal among Fox, Warner, and Walt Disney faces scrutiny

Regulators will look at terms of the joint venture once it is finalized, according to two people familiar with the process