JioCinema, a streaming platform owned by Viacom18, and NBCUniversal (NBCU) on Monday jointly announced a multi-year agreement to distribute a number of NBCU TV series and films in India. A month ago, JioCinema announced that starting in May, it would be the new home for HBO and Warner Bros. content in the nation. According to …
JioCinema and NBCUniversal have signed a multi-year partnership agreement Read More »
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 …
Viacom18 has acquired the media rights for Ultimate Table Tennis S4 Read More »
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 …
Warner Bros. Discovery intends to open a development centre in Hyderabad Read More »
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 …
PVR-INOX plans to close about 50 movie theatres over the next six months Read More »
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 …
Disney+ Hotstar faces subscriber losses amidst tough competition from JioCinema Read More »
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 …
Anand Mahindra backed IN10 Media Network launches new film studio Read More »
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 …
Netflix to exit the DVD delivery business after 25 years Read More »
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 …
TRAI is seeking input from stakeholders on low-power, small range FM radio broadcasting Read More »
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 …
PVR Inox takes a new initiative, launches Trailer Screening Show Read More »
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 …
