TRAI recommendations on formulation of National Broadcasting Policy 2024 bring relief for OTTs

MIB has also highlighted certain issues that may be considered while formulating recommendations for digital radio broadcast policy.

Despite several stakeholders opposing the inclusion of OTT services in the NBP, TRAI published a consultation paper last year on the regulatory framework for OTT communication services and the selective banning of OTT services. In its recommendation paper released on June 20, TRAI outlines no such regulation – bringing relief to many.

TV ad volume drop by 4% in Jan-March quarter: TAM Adex report

Amongst the advertisers, Hindustan Unilever retained the top position, followed by Reckitt Benckiser, Godrej Consumer Products, P&G, Cadbury, Coca-Cola, ITC, and Britannia: TAM AdEx

During the January-March 2024 quarter, GEC dominated as the most popular channel genre for advertising. Meanwhile, the F&B sector solidified its top position with a 26% share.

BREAKING: Govt releases draft guidelines for prevention, regulation of spam calls

(Image source: Unsplash)

Department of Consumer Affairs constituted a committee comprising of representatives from DoT, TRAI, COAI, BSNL, Vodafone Idea, Reliance and Airtel to draft guidelines to address the issue of unsolicited calls. Based on such deliberations and suggestions, draft guidelines have been framed. DoCA seeks views and suggestions of the public on the proposed guidelines within 30 days, i.e. 21st July.

MeitY meets industry think tanks on concerns over Digital Competition Bill

Much of the market’s 2024 growth stemmed from pent-up demand and the expansion into regions with lower smartphone penetration.

The Ministry of Electronics and Information Technology (MeitY) met with prominent think tanks on June 18th and 19th to seek their inputs on the draft Digital Competition Bill, and its impact on domestic start-ups.

D2C brands take direct hit, influencer agencies ‘not fully aware’ of self-declaration certificate mechanism

The survey reveals that Indian businesses are optimistic about the future, especially with the advent of generative AI (GenAI). (Photo: Unsplash)

While the influencer marketing agencies are still grappling with the SDC mechanism, not entirely aware of the Order; direct-to-consumer brands have been significantly impacted on the front of user-generated content and daily creatives.

Despite 10K ‘self-declaration certificates’ uploaded, it’s not ‘business as usual’ for advertisers

Majority of brands are cautious and are taking a wait-and-watch approach towards this new mechanism. Furthermore, some are also waiting for the first movers to pick up the baton and work towards it. (Photo by Firmbee.com on Unsplash)

The Supreme Court directive to upload a ‘self-declaration certificate’ for every ad has significantly reduced the volume of ads for advertisers. They prefer to err on the side of caution at the moment, but they also face challenges from a ‘laggy and cumbersome’ mechanism.

Toshiba JSW appoints Daisuke Murata as Managing Director

In 2021, Daisuke Murata was appointed as the Head of New Business Unit in Power System Division of Toshiba ESS.

Murata joined Toshiba Group in 1994 and for three decades worked on engineering and manufacturing of large equipment for power sectors. In his new role, he aims to bolster Make-in-India program and Export-from-India initiatives by expanding company’s business presence in overseas markets including Southeast Asia, the Middle East and Africa.

The Content Lab appoints Prateek Mehta as Creative Director

Prateek Mehta brings to his new role as Creative Director at The Content Lab, a decade of experience as a marketing generalist that has seen him work with agencies like Mindshare India, Mullen Lowe Lintas, L&K Saatchi and Saatchi and BBDO Vietnam.

Mehta’s work has found recognition not just among clients but also across national and international forums like Cannes Lions, MMA Global and Effies to name a few.

Tonic Worldwide wins digital mandate of Daawat-brand owner LT Foods: Exclusive

The digital account of LT Foods will be managed by the Tonic Worldwide's Delhi office. The agency will be involved in developing robust digital strategies, to help grow the digital identity of the corporate brand.

LT Foods, the parent of the Indian basmati rice brand- Daawat, has initiated its digital communication for the first time. Tonic Worldwide will help grow the digital identity of the corporate brand.