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Viacom18 has acquired the media rights for Ultimate Table Tennis S4

Viacom18 has been named the exclusive media partner for Season 4 of Ultimate Table Tennis (UTT), which has been promoted by Niraj Bajaj and Vita Dani under the aegis of the Table Tennis Federation of India. The competition, which starts on July 13 and ends on July 30, will be televised on Sports18 and live …

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Warner Bros. Discovery intends to open a development centre in Hyderabad

KT Rama Rao, the Telangana minister of industries and information technology, met with Alexandra Carter, senior vice president of finance at Warner Bros. Discovery, on May 16, 2023 as part of his trip to the US. The conversations stressed a joint goal of both parties to promote development and innovation in the media and entertainment …

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PVR-INOX plans to close about 50 movie theatres over the next six months

Leading movie theatre operator PVR INOX aims to close over 50 screens that are losing money and are depreciating quickly. According to PVR INOX’s investor update for the fourth quarter and financial year ending March 31, 2023, “The company plans to shut down approximately 50 cinema screens over the next 6 months.” These properties are …

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Disney+ Hotstar faces subscriber losses amidst tough competition from JioCinema

Indian streaming service, Hotstar, owned by Disney, experienced a loss of 4.6 million subscribers in the first quarter of 2023, marking the second consecutive quarter of subscriber decline. This brings the total loss of subscribers to 8.4 million since October of 2022. Hotstar’s revenue also decreased, with the average revenue per subscriber falling from 74 …

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Anand Mahindra backed IN10 Media Network launches new film studio

MovieVerse Studios, a new film content studio from the Anand Mahindra and Aditya Pittie-backed IN10 Media Network, will be headed by Vivek Krishnani, who joined the company from Sony Pictures Entertainment India in June 2022. According to Krishnani, the film studio will create Hindi- and regional-language-specific content to appeal to both streaming and theatregoers. Six films in …

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Netflix to exit the DVD delivery business after 25 years

After 25 years of revolutionising at-home TV viewing, Netflix Inc. is ending its original business of delivering DVDs. According to a statement released on Tuesday, the company will ship its last discs on September 29. Co-Chief Executive Officer Ted Sarandos said, “Our goal has always been to provide the best service for our members, but …

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TRAI is seeking input from stakeholders on low-power, small range FM radio broadcasting

On Monday in New Delhi, the Telecom Regulatory Authority of India (TRAI) published a consultation paper (CP) on concerns pertaining to Low Power Small Range FM Radio Broadcasting. In accordance with section 11(1)(a)(i) of the TRAI Act, 1997, the Ministry of Information and Broadcasting (MIB) invited recommendations from the Authority on the necessity and timing …

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PVR Inox takes a new initiative, launches Trailer Screening Show

The biggest movie theatre chain in India, PVR INOX, has introduced a new initiative whereby it will broadcast 10 handpicked upcoming films’ trailers on a big screen. Through this initiative, the company hopes to increase footfall. Trailers for upcoming Bollywood, Hollywood, and regional films will be screened for 30 minutes. Starting on April 7th, the show …

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Amazon India and the Ministry of I&B collaborate to promote talent, showcase Indian content on global stage

With an emphasis on talent development and promoting made-in-India content to international audiences, the ministry of information and broadcasting and Amazon India have signed an agreement for collaboration in the media and entertainment space. Prime Video and miniTV, two subscription-based and advertising-driven streaming services owned by Amazon, will offer internships and scholarships to students from …

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Disney Star’s viewership increases by 47% and its TV rating rises by 29% for the opening IPL match

The first match saw a 47% on-year increase in consumption, according to Disney Star, the official television broadcaster of the Indian Premier League. A 29% increase in TV ratings was also reported. The broadcaster reported that for the debut match between Gujarat Titans and Chennai Super Kings on March 31, it recorded a total of …

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