Television – Page 19 – storyboard18

FICCI-EY Report: Digital revenues to surpass TV in 2024; India’s M&E sector to hit $38 billion by 2026

Expect the M&E sector to grow 10.2 percent to reach INR2.55 trillion by 2024, then grow at a CAGR of 10 percent to reach INR 3.08 trillion by 2026.

In 2024, digital media is poised for explosive growth, potentially overtaking television to become the leading segment of the M&E sector. This surge in digital media is forecasted to propel the M&E sector’s growth to a 10 percent annual rate, crossing Rs 3 trillion ($37.1 billion) by 2026.

Dish TV India launches ‘Own Your Customer’ initiative through partnership with local cable operators

Dish TV India has also been focusing on reviving its DTH base amongst the lower-most category of subscribers.

‘Own Your Customer’ (OYC) is a unique step to address LCO’s concerns about their customer base shifting to DTH to avoid interruptions in TV viewing experience.

1600 european football matches to be broadcast on Sony; including UEFA Champions League, Europa League

Sony Sports Network has been the home to UEFA Champions League since 2017. In addition to this, Sony Sports Network continues to be the official broadcaster for the UEFA EURO 2024, Bundesliga, Emirates FA Cup, Roshn Saudi Pro League and more. (Image source: Unsplash)

Sony Pictures Networks India states that contribution of regional language coverage to the viewership of the UEFA Champions League’s knockout matches has gone up in recent years.

Sony UEFA media rights deal: Sony renews deal with football association for 3 years

In January 2024, the two-year long saga of the Zee and Sony merger ended with the collapse of the $10 billion media merger, triggering legal actions from both parties on various issues including merger termination fees. (Image source: Unsplash)

Sony had acquired the TV and digital rights of UEFA for Rs 400 crore, last year.