Digital – Page 31 – storyboard18

Digital to contribute 18% to revenue pie of media companies by FY27

The move seeks to prevent tactics that circumvent existing legislation and protect the financial interests of the country’s journalism sector.

At present, the digital segment has a 12% share in the media players’ revenue pie (8% in FY19). According to Crisil, it is expected to grow as companies are now focusing on digital modes such as over-the-top platforms, social media, and mobile apps.

Survival of fittest: E-commerce, q-commerce and the future of kiranas

AICPDF alleged that the quick commerce platforms operate dark stores to bypass inventory regulations and engage in predatory pricing and monopolistic behaviour. (Image courtesy: Moneycontrol)

While e-commerce and quick-commerce offer convenience, reach, and discounts to consumers, concerns arise about their impact on small retailers, vendors, and kiranas. An existential threat for small retailers or intensified competition? Experts argue.

India’s Draft Digital Competition Bill 2024 may impact smartphone security: Study

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

The DDCB’s restrictions will have implications for consumer privacy and security, crucial aspects of consumer welfare, especially in digital markets, study claims.

ONDC’s festive season boost: Incentives up to Rs 60 Lakh for network participants

ONDC was launched in 2021 by the Modi government to democratise the e-commerce sector in the country

Notably, the incentive may have gone up on a month-on-month basis, compared to the August incentive payout. However, there is still a reduction of nearly 76 percent from Rs 2.5 crore

Vi launches e-sports tournament ‘Vi Game to Fame’

The telecom operator, Vi forayed into gaming with a comprehensive mobile gaming platform, last year.

The tournament by the telecom operator- ‘Vi Game to Fame’, will provide an international stage for budding e-sports enthusiasts.

EOW interrogates BookMyShow COO over Coldplay concert ticket black market allegations

BookMyShow earned Rs 801.57 crore from online ticketing and Rs 140.57 crore from live events in FY 24

Anil Makhija questioned for seven hours as police investigate ticket hoarding and price inflation for Coldplay’s January 2025 concerts in Mumbai.

Stalwarts to deliberate on making India the next gaming Superpower at 2nd Indian Gaming Convention

Knowledge Partner PwC will launch a report on India's gaming industry's size, scale and potential.

With Meta as the Title Partner for IGC 2024, the conference aims to focus on the growth potential of India’s gaming industry, the roadmap for making India the global leader and establishing gaming as a significant contribution to India’s digital economy ambitions.

Festive season to propel India’s e-commerce growth by 20%: Redseer

These companies have been given 15 days to respond.

Redseer Strategy Consultant’s report reveals that brands are leveraging e-commerce platforms to promote mid-range products to maximize reach and appeal to relatively less accessible tier 2+ customers

More than nine in ten business leaders in India expect job displacement from AI: Study

For marketers, the key to thriving in this new landscape lies in adaptability. Embracing AI tools, honing creativity, and staying open to innovative leadership models will be critical for success. Far from signaling the end of an era, these changes represent the beginning of a more collaborative, technology-driven future.

Approximately, four-fifth of Indian business leaders believe that innovation is more important than protecting existing jobs