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Tuesday, July 28, 2026 12:24 PM

digital media India

IAMAI Appoints JioStar Sports CEO Ishan Chatterjee as New Digital Entertainment Committee Chairman

The Internet and Mobile Association of India (IAMAI) has announced the appointment of Ishan Chatterjee, CEO of JioStar Sports, as the new Chairman of its Digital Entertainment Committee (DEC), succeeding Kiran Mani. Kiran Mani, who recently stepped down from his role as CEO – Digital at JioStar, is preparing to join OpenAI as Managing Director for Asia Pacific. Before stepping down, Mani had been leading IAMAI’s Digital Entertainment Committee and played a key role in shaping discussions around India’s growing digital media ecosystem. Commenting on his appointment, Ishan Chatterjee said India’s digital entertainment sector is entering a period of rapid expansion, driven by the intersection of technology, evolving consumer habits, and creative innovation. He highlighted the importance of stronger collaboration between content platforms, creators, brands, and policymakers to accelerate innovation, build consumer trust, and effectively leverage emerging technologies such as artificial intelligence. He emphasized that consumers remain central to this transformation, continuously influencing how entertainment is created, distributed, and consumed. Chatterjee added that he looks forward to working closely with the industry to drive the next phase of growth and strengthen India’s position as a global leader in digital entertainment. Meanwhile, Deepit Purkayastha, co-founder and CEO of Inshorts, will continue serving as co-chair of the committee. IAMAI stated that its Digital Entertainment Committee plays a critical role in bringing together industry stakeholders to discuss policy, regulatory, and business issues impacting India’s streaming and digital media sector, while also promoting innovation and long-term industry development. Source: Economic Times

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India’s Media & Entertainment Industry Set to Hit ₹3.3 Lakh Crore by 2028

FICCI and Ernst & Young have projected strong growth for India’s media and entertainment (M&E) sector, estimating it will reach ₹3.3 lakh crore by 2028, expanding at a compound annual growth rate (CAGR) of 7%. According to their latest report, the industry recorded a 9% year-on-year growth in 2025, reaching a total market size of ₹2.78 lakh crore. Digital media emerged as the dominant segment, surpassing the ₹1 lakh crore milestone. A major contributor to this surge was digital advertising, which grew 26% to ₹94,700 crore. The broader advertising ecosystem also witnessed robust expansion, growing 13.5% to ₹1.5 lakh crore, accounting for 0.41% of India’s GDP. Meanwhile, the live events segment experienced remarkable momentum, registering a 44% jump in 2025. This growth was driven by increased spending on concerts, weddings, government programs, and religious gatherings. Subscription-based digital content saw significant traction, with revenues rising 60% to ₹16,300 crore. The country recorded 21.6 crore paid video subscriptions across 14.3 crore households, largely fueled by premium sports and movie content moving behind paywalls. Music streaming platforms also saw improved monetization, with paid subscriptions increasing 37% to 1.44 crore users, supported by strategic efforts to shift users toward paid services. Despite global headwinds, the print segment in India remained steady, with advertising revenues inching up by 2%, particularly in premium editions targeting affluent readers in both metro and non-metro regions. However, the video gaming segment faced a downturn, declining 17% following the implementation of restrictions on real-money gaming introduced in August 2025. Source: PTI

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