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Disney+ Hotstar loses 2.8 million subscribers in fourth consecutive quarterly decline

According to a report by Bloomberg, the company is in talks with potential buyers for its India streaming and television business, including with billionaire Mukesh Ambani’s Reliance Industries Ltd. (Image source: Moneycontrol)

Disney CEO Bob Iger says they would like to stay in the India market and are considering their options, amidst deal talks over its Disney Star business.

Disney CEO Bob Iger: We’d like to stay in that (India) market

The NCLT on Feb 9, rejected the IPRS’s plea questioned the legality of the arrangement between Star India and Novi Digital Entertainment. (Representative Image: via Unsplash)

As per their declarations, Disney is now progressing toward attaining annualised savings of $7.5 billion, demonstrating its proactive approach to cost management.

NCLAT defers hearing IDBI’s appeal against Zee Entertainment to December 6

In addition to summoning OpenAI, Justice Bansal announced plans to appoint an amicus curiae to assist the court in resolving the matter.

In May 2023, the NCLT’s Mumbai bench refused to entertain IDBI’s plea noting that it was barred under Section 10A of the Insolvency and Bankruptcy Code (IBC).

TRAI extends deadline for comments on “Digital Inclusion in the Era of Emerging Technologies” consultation paper

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).

In its consultation paper, TRAI had analysed digital inclusion gaps in India.

CNN-News18 presents India’s biggest awards on news television, ‘Indian of the Year 2023’

The ‘Indian of the Year’ title will be awarded in categories such as Business, Sports, Entertainment, Youth Icon, Rising Sports Star, Social Change, and Climate Warriors.

The distinguished panel of jurors includes renowned figures such as screenwriter and lyricist Javed Akhtar, former solicitor general of India Harish Salve, former Indian athlete and vice-president of Athletics Federation of India Anju Bobby George, chairperson of RP-Sanjiv Goenka Group, Sanjiv Goenka, and environmental activist and lawyer, Afroz Shah.

Q2 sees surge in adex and subscription revenue as Indian TV defies threats

The committee invited three industry organizations: the Central Board of Film Certification (CBFC), the Indian Motion Picture Producers' Association (IMPPA), and the Motion Picture Association (MPA).

Experts predict an 18-22 percent growth in ad spends and a potential 20 percent jump in subscription revenue.

Consumer groups object to TRAI’s proposed changes for consumer organisation registration

According to TRAI, the proposed amendment would enable the authority to register capable consumer organisations having wider reach.

MIB’s Anurag Thakur: Years worth of effort that goes into making a film is laid waste by piracy

Thakur said, “4 lakh crore sale happened of local items. This happened after PM appealed for ‘Vocal for Local’ and he asked people to buy local products. This shows how much people consider PM.” (Image source: official website - anuragthakur.in)

I&B ministry has established an institutional mechanism of Nodal Officers to receive complaints against piracy and direct intermediaries to take down pirated content on digital platforms.