Gautam Adani and Mukesh Ambani, Asia’s two richest men, are doubling down on India’s media business, escalating competition in a market where Netflix Inc. and Amazon.com Inc. are also battling for over a billion users. In a funding round led

Netflix’s shares have lost a quarter of its value on Tuesday after the company announced that its subscriber base has shrunk in the first quarter of this year. The leading streaming television service had lost customers for the first time in a

Disney Star India plans to launch two new Odia channels on June 1. The network has informed all television channel distributors (DPOs) that Star Kirano and Star Kirano HD would go online on June 1, 2022. Last week, the network

Amazon announced on Wednesday that IMDb TV, its free streaming service, will be renamed Amazon Freevee. According to a company news release, the new name will go into effect on April 27. The retailer also stated that the streaming service

The media and entertainment industry in South India are growing at a compound annual growth rate (CAGR) of 15%, indicating a post-crisis recovery, according to a report released on Saturday by the Confederation of Indian Industry (CII). The South Indian

The merger between AT&T Inc’s (T.N) WarnerMedia unit and Discovery Inc (DISCA.O) has been completed, the companies announced on Friday. On Monday, Warner Bros Discovery Inc, the combined company, will begin trading on the Nasdaq under the ticker symbol “WBD.”

Inox Leisure and PVR, which announced their merger last month, have a combined pipeline of 2,000 screens and plan to double that number in the next seven years with an investment of Rs 4,000 crore. In a Business Update Conference

Bharti Airtel and Tech Mahindra announced in a joint statement on Thursday that they will co-develop and market 5G use cases in India, as well as establish a collaborative 5G innovation centre to generate ‘Make in India’ use cases for the

The Indian Premier League (IPL) will have an exclusive ticketing partner, BookMyShow, India’s leading ticketing and entertainment portal, for the upcoming edition, which will begin on March 26. BookMyShow will also manage venue services for all stadiums, including gate entry and spectator