Popular digital wallet Paytm’s Paytm Bank gets an infusion of Rs 122 crore. Paytm founder Vijay Shekhar Sharma has invested Rs 62 crore, while the rest was put in by One97 Communications and One97 Communications India.
While debates about net neutrality are reaching globally, the US media watchdog Federal Communications Commission is planning to get rid of net neutrality. The plan will give service providers the freedom to charge customers for different services and applications.
As more and more viewers are shifting to digital platforms for content consumption, advertisers are too shifting their spending towards the same platforms. This has been echoed by the recently released ASSOCHAM-KPMG report.
Living Entertainment Enterprises Ltd (LEEL), which is owned by Essel Group, is planning to launch many channels in the coming years. Currently, it is examining two channels Living Rootz and Living Travelz from Intelsat 20 satellite at 68.5 degree east.
While social media giant Facebook doubled its revenue in India, the search engine behemoth Google India also crossed the billion-dollar sales milestone in fiscal 2017; it collected Rs. 7208 crore, a 22% jump from the previous year’s Rs 5,904 crore. The trend also shows that advertisers are opting for Facebook instead of depending totally on Google for their brand exposure.
Keeping in mind the massive need of original content for different OTT players and TV channels, Big Synergy will create 200-300 hours of content in 2018. Anil Ambani owned production house has already partnered with Star Plus, Sony Entertainment Television (SET) and Zee TV, as well as OTT service providers Vuclip, Amazon Prime Video, Netflix and Applause Entertainment.
Every big internationals enterprise is eyeing India as the most lucrative market in the world. Viacom18, the global media behemoth, is too highly focused on its India business, according to its India president and CEO Bob Bakish.
A proud moment for Sony Pictures Networks India (SPNI) came when it entered the respected list of 100 Best Companies for Women in India for 2017. The survey was conducted by Working Mother, a global leader on gender equity, and AVTAR, a pioneer in diversity and inclusion in India.
Whom should we blame for the popularity of video on demand services (VoD) and OTT replacing TV? Is it the availability of cheap smartphones and data rates? Or, is it Pay-TV itself? According to an international survey of Pay-TV providers, conducted by Amdocs (a communications and media software and services firm), people are increasingly replacing TV viewing with video on demand.
The beta version of India’s first video FM, Video City has been launched by Radio City 91.1FM. Video City is basically a platform which enables listeners to enjoy FM in a video format. This is a major innovation to keep alive the tradition of radio. Actor Aamir Khan called the initiative, ‘an amazing innovation’.
News journalism is getting threatened each day, and the occurrences multiply during elections. Recently, zealous Congress party workers in Jamnagar clashed with Zee News journalists, and it was done during the shooting of an election-related talk show 'Game of Gujarat'.
People have been facing mounting problems to link their mobile numbers with Aadhaar numbers. To offer ease and comfort, the government has announced that from December 1, people will be able to link their mobile number with Aadhaar without going to a telecom outlet, but their mobile number should already be on the database.
To drive the growth of digital transaction and enable users to access other vital services faster, the telecom regulator is reportedly planning guidelines.
The Rajya Sabha TV is currently looking for editor-in-chief to fill the vacant post. It is accepting applications with 58 years as the top age limit, and those having at least 15 years of combined experience in the field of TV and print journalism.
To achieve better signal quality, ZEEL has changed the downlink parameters of its 11 channels to the DVB-S2 standard of broadcast. The list of channels includes Zee Classic, Zee Action, &TV, &pictures, Zee Cinemalu, Zee Yuva, &Prive HD, ETC, Zee Rajasthan, Living Foodz, and Zee Anmol Cinema. They are being uplinked on AsiaSat 3S transponder 3820.
In October, Zee Media Corporation Ltd (ZMCL) has got the licence to start its home shopping channel EZ-Mall. The name change (for NXT and ZAP) application of Viacom18 to launch Colors Tamil and Colors Tamil HD has also been approved by the ministry of information and broadcasting (MIB).
Popular Hindi GEC by ZEEL, Big Magic has been rebranded as Zee Magic on 14 November. The FTA channel is also revamping its content; it will launch four new shows. All its existing shows except ‘Hum Paanch Phir Se’ will be replaced with new shows.
Although experts believe that Star India did a fantastic job by grabbing media and digital rights of IPL, the mega deal has caused a massive jump in 21st Century Fox’s (21CF) total firm commitments and future debt payments. It has gone up $1 billion to $83 billion.
The newly launched sports channel DSport, which is owned by the Discovery Communications, has bought the rights to broadcast New Japan Pro Wrestling in India. New Japan Pro-Wrestling is a Japanese professional wrestling promotion. It was started in 1972 in Tokyo, and is owned by Bushiroad.
Elated with the success of its portable radio device Carvaan in the US, Saregama India will now launch the same in the regional languages including Tamil, Bengali, Marathi, Punjabi, and Malayalam. Apart from it, Saregama will also launch new variants of Carvaan including Carvaan Classic featuring classical music.
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