Imran Fazal – Page 11

EXCLUSIVE: HUL puts OOH media account on pitch, incumbent agency is IPG’s Rapport

Publicis, GroupM and IPG participated in the pitch, according to industry sources.

MIB issues advisory to OTT platforms: Crackdown on glamorization of drug use

In a letter to the Ministry of Information and Broadcasting, AIDCF stated, "Unlike traditional distribution platform operators (DPOs), these services do not seem to be subject to the same regulatory scrutiny, potentially creating an uneven playing field for Pay TV operators.

The advisory comes as a Parliamentary Committee prepares to meet with several stakeholders on December 20 to discuss OTT content.

Will Gukesh dethrone Magnus as global brandmaster?

Gukesh D became the youngest-ever World Chess Champion at just 18 years old, defeating the reigning titleholder, Ding Liren of China, in the 14th game of the World Chess Championship held in Singapore.

Brand strategists are optimistic about the sport’s expanding appeal, reaching both tier I cities and rural pockets of the country.

ED action linked to third parties, fully co-operating with probe agencies: Dentsu India

ED alleged that the suspects are accused of conspiring together and embezzling the funds to the tune of Rs 137 crore under the guise of promising future 'Need to Feed' program advantages.

The ED issued a press release stating that Suumaya group’s listed entities engaged in transactions totalling Rs 5,000 crore, with merely 10% being legitimate.

Warner Bros. Discovery splits linear business, restructures for future challenges

This restructuring is intended to provide more clarity and focus for each division, setting the stage for potential future spin-offs.

The company announced through its board of directors, the implementation of reorganization plans intending to boost its strategic capabilities and offer shareholders enhanced value.

Parliamentary Committee’s OTT Meet: Will it hinder MIB’s effort to make India a global content hub?

Three industry bodies- Central Board of Film Certification (CBFC), the Indian Motion Picture Producers’ Association (IMPPA), and the Motion Picture Association (MPA) will meet Parliamentary Committee on November 20.

Gukesh D crowned World Chess Champion, now eyeing global brands

Gukesh D, became the youngest-ever world chess champion by defeating the reigning title holder Ding Liren from China in Game 14 of the World Chess Championship in Singapore.

Experts indicate that brands from Edtech, Banks, Fintech, IT companies will make a beeline to sign the youngest world chess champion.

‘Light regulations’ for Radio industry will drive innovative content: Govt

Industry leaders stressed the importance of adopting proven, non-disruptive digital technologies to enhance efficiency and unlock opportunities in India’s culturally diverse market.

The government plans to roll out digital FM radio broadcasting in 13 major cities, marking a key step toward modernizing the sector.

Govt intensifies surveillance on Chinese companies masquerading as RMG operators

Storyboard18 also reported that RMG operators submitted a list of over 540 illegal websites and apps to Directorate General of GST Intelligence (DGGI) following the implementation of the 28% tax regime on October 1, 2023.

Chinese apps and websites are under the govt’s scanner over money laundering suspicions, posing a potential threat to national security and contributing to gambling addiction among citizens.

From Pushpa swag to IPL drip, India’s growing craze for merchandise

A report by Maximize Market Research valued India’s sports merchandising market at $673.34 million in 2022, projecting growth to $1.93 billion by 2029, at a CAGR of 16.2% from 2023 to 2029.

Experts estimate L&M sales in India at approximately $2 billion this year, compared to $356 billion globally. L&M industry grew by 4.6% in 2023 and is projected to maintain a healthy CAGR of 4.5% through to 2032.