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Union Budget 2025: M&E sector seeks GST revision on digital services, investment in skill development

Indian media and entertainment industry is looking for favorable policy and tax announcements in the upcoming budget for growth. (Image source: Julius Drost, Unsplash)

The media and entertainment sector anticipates simplified regulatory frameworks, a conducive environment for innovation, and initiatives that enhance the digital and technical skills of the workforce.

Netflix’s ad plan pays off: 55% of Q4 sign-ups opt for ad-supported option

The company’s ambitious $18 billion budget reflects its commitment to long-term growth.

Netflix’s revenue grew 16 percent to $10.2 billion in 2024 on the back of ad revenue growth and subscriber additions

Breaking: ZEEL’s Shiva Chinnasamy quits, marking two major exits in last 30 days

Prior to ZEEL, Chinnasamy held positions with global companies such as Rippling, Google, Amazon, Tesco, and Verizon Labs.

Industry sources have confirmed to Storyboard18 that Shiva Chinnasamy, ZEEL’s CTPO who joined in September 2024 quit for better future goals.

WAVES CEO: M&E compelling businesses to think differently about creativity and data

The creator’s economy is being recognized as the new oil, and it must remain connected seamlessly across the globe. If our economy is to grow and support this sector, there needs to be a collective movement built on a synergistic model. This cannot just be an India-only story; it must be global, Malhotra says. (Representative Image: Desi Mendozavia via Unsplash)

“Our global equity in the media and entertainment space is about 2%, which means we are only in the know in bits and pieces. However, when we aggregate everything together, it creates the momentum needed for a global summit,” says NFDC’s Achal Malhotra, who is CEO of WAVES.

Challenge of being a public broadcaster is to present a balanced narrative: Prasar Bharati CEO

In a world increasingly dictated by algorithms, Dwivedi emphasizes the importance of human judgment in journalism. He believes in empowering reporters to retain control over their narratives and their revenue. (Image via Prasar Bharati website)

Prasar Bharati CEO Gaurav Dwivedi raises critical concerns about the transparency of algorithms. For him, the lack of openness in how content is curated threatens the integrity of information presented to the public.

Prasar Bharati’s OTT platform, WAVES partners with Jio Stores

Most original content and live streaming feature 20-second and 30-second trailers and promos for available shows. Some of the featured show promos on the platform include Battle of Bands, Yatra, and Rangoli.

The Prasar Bharati OTT platform WAVES, which houses content from Doordarshan (DD) and All India Radio (AIR), will now be available for download and access across all Jio devices.

Prasar Bharati and Adhikari Brothers enter into a strategic alliance to expand content horizons

Under this collaboration, Sri Adhikari Brothers’ broadcast channels—Mastiii, Dabangg, and Maiboli—will also be accessible on the Waves. (From left to right - Prasar Bharati and Sri Adhikari Brothers. Image Source: YouTube and LinkedIn)

As part of this collaboration, Sri Adhikari Brothers’ diverse range of content will be made available on Prasar Bharati’s OTT platform WAVES as well as on linear television channels.

Breaking: MIB’s WAVES postponed, likely to be held in Mumbai

WAVES which focuses on four key pillars: Broadcasting & Infotainment, Digital Media & Innovation, AVGC-XR, and Films is likely to be moved to Mumbai.

WAVES, which focuses on four key pillars – Broadcasting & Infotainment, Digital Media & Innovation, AVGC-XR, and Films, is likely to be moved to Mumbai.