Imran Fazal – Page 4 – storyboard18

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.

Vivendi shareholders approve spinoff for Canal+, Havas and Louis Hachette Group

According to JP Morgan, Canal+ is estimated to be worth 6 billion euros ($6.3 billion), Havas is valued at 2.5 billion euros and Louis Hachette is estimated at 2.2 billion euros.

Yannick Bollore, chairman of Vivendi’s supervisory board, last month estimated the total value of Vivendi’s assets at around 16 billion euros, with Canal+, Havas and Louis Hachette being worth about 6.8 billion, 3.4 billion and 2.1 billion euros respectively.

RMG players sidelined by MIB for WAVES, seek equal treatment

With an aim to ensure ensure responsible digital advertising, MIB had launched the Digital Advertisement Policy in November, 2023.

The WAVES 2025 will be held from February 5–9 in New Delhi, focusing on four key pillars: Broadcasting & Infotainment, Digital Media & Innovation, AVGC-XR, and Films.

MIB addressed 73 complaints in three years over obscene ads: Govt informs Parliament

With an aim to ensure ensure responsible digital advertising, MIB had launched the Digital Advertisement Policy in November, 2023.

In 2017, the MIB, in an advisory, had instructed TV channels to not air ads selling and promoting condoms between 6 am and 10 pm, as the ads were “alleged to be indecent, especially for children”.

TRAI to hold open house discussion on Dec 17 for network authorisations

The appointment will be for a tenure of three years, or till the age of 65 years, or until further orders, whichever is the earliest.

Multiple stakeholders have strongly opposed these recommendations suggesting that TRAI should limit its recommendations to carriage-related aspects of broadcasting.

TRAI should limit its recommendations to carriage related aspects of broadcasting: IBDF

The News Broadcasters and Digital Association (NBDA) warned that while GBBs have the potential to diversify broadcasting, allowing them to operate without a well-defined regulatory structure could undermine competitive fairness.

FICCI suggested that content regulation must remain under dedicated legislation and within the jurisdiction of Ministry of Information and Broadcasting.