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Bright Outdoor Media total revenue touches Rs 107 crore in FY24

Notably, the average transaction size for mass-market and mass-affluent products jumped by 11 percent and 12 percent respectively on match days in host cities. (Representative Image: Mathieu Stern via Unsplash)

The company’s total revenue stood at Rs 91 cr in FY23.

Failed Zee-Sony merger cost Zee a whopping Rs 432 crore

After the deal was terminated in January, Zee apparently has reached out to the Sony executives to reconsider the termination and has also offered for talks this month.

Zee footed a rather expensive bill for the unfulfilled merger with Sony that was expected to create a $10 billion media giant.

ZEE Layoffs: Earlier stated aim of 15% workforce reduction results in more job cuts?

Zee Entertainment reported a 180 percent jump in its profit in the December quarter.

Days after Zee CEO Punit Goenka emphasized cost-cutting measures to improve margins and achieve long-term growth, employees were laid off this week as part of the phased reduction in workforce, as per sources.

FSSAI finds no EtO traces in spice samples of MDH and Everest

The FSSAI will continue testing around 4000 samples around India and will suspend more licences than the 111 already suspended, if needed. (Image source: News18)

Over 300 samples of spices of other brands were also examined and no EtO was found in them, the body said.

Disney shifts content spending to streaming, reduces investment in linear TV: Reports

According to Iger, while the TV business is not on a growth trajectory it still has the potential to become an important component to engage with customers. (Image sourced via CNBC)

Disney CEO Bob Iger announced strategic shift to counter shrinking pay-TV market, prioritising content spending for streaming platforms

Big tech’s data advantage and opaque algorithms threaten fair competition: CCI’s Ravneet Kaur

According to the CCI chief, single platform business models often end up dominating many digital markets because of their wide range of offerings. (Image sourced via CCI website)

Kaur advocated the need for new analytical tools and the development of a novel regulatory framework that keeps pace with technological advancements.

M&E stakeholders urge TRAI to exclude OTT, online gaming and music from Broadcasting policy

Majority of the broadcasters and the members of the Indian Broadcasting and Digital Foundation (IBDF) oppose the TRAI's regulation requiring broadcasters to provide free channels on DD Free Dish to private distribution platform operators (DPOs).

Media and entertainment industry stakeholders have asked TRAI to limit its recommendations on the National Broadcasting Policy to matters within the broadcasting sector.

Did you know about the fastest-growing ‘prosumer’ company in India?

Invideo has added around Rs. 200 crores of software revenue in the last eight months alone, shared Anandan. That is around 25 million dollars of new revenue from a new generative AI product.   

Invideo AI, an AI-powered video generator, is the world’s biggest prosumer company today.

Shareholders to decide on Zee CEO Punit Goenka’s reappointment | Three jailed for violating food safety standards in Patanjali Elaichi Soan Papdi case

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