Media – Page 203 – storyboard18

Transparency check: Eros International Media’s accounts to undergo inspection

If a reply along with a stay vacation application is filed, WTM (whole-time member) will fix a date within a week from date of filing the reply by appellants. (Representative Image: Agence Olloweb via Unsplash)

SEBI found out that that Eros International Media had inflated its financial records and moved funds under the guise of content advances.

AI regulations: Tech industry opposes more laws, statutory body?

It was reported that TRAI had also recommended that its previous body Data Digitisation and Monetisation Council (DDMC) be named AIDAI. Previously, the mandate of the body was to look into and study the use and impact of upcoming technologies such as AI and its impact on data ethics. (Representative Image: Mitchell Luo via Unsplash)

The industry argues that this could gravely affect the AI ecosystem in India which is at an evolving stage.

TRAI issues norms around draft consumer education

One of the concerns cited by these organisations is that OTT service providers are already regulated under the IT Act 2000 which will be replaced by the upcoming Digital India Act (DIA). Therefore, such consultations should form part of Digital India Act and any other additional consultations by regulators like TRAI will also lead to overlap of regulatory structure. (Image by Jessica Tan via Unsplash)

The Telecom Regulatory Authority of India (TRAI) has issued draft rules to amend the Telecommunication Consumers Education and Protection Fund Regulations, 2007, which pertain to a fund used for activities related to consumer education and protection in the telecom sector.

Havas Media appoints Ramsai Panchapakesan as managing partner- investments

With a career spanning over two decades, Ramsai Panchapakesan served as the senior vice president & national head – media buying at Zenith Media. He played a pivotal role in driving the integrated media business operations. He had also held the position of agency trading head at GroupM m/SIX previously. (L to R: Ramsai Panchapakesan, managing partner- Investments, Havas Media India; Mohit Joshi, chief executive officer, Havas Media Network India; and R Venkatsubramanian, president - investments, Havas Media India, and managing director of Havas Play)

Based out of Gurugram, he will oversee integrated buying in the North and East markets, along with assuming additional responsibilities for trading.

Explained: Why OTT content is under scanner

Majority of the violative ads were from the Home Care sector, where products claimed to be eco-friendly/ environment friendly, without adequate support data

Over The Top (OTT) platforms have been given 15 days or two weeks’ time to contemplate the information & broadcasting ministry’s proposal of forming a committee or an additional “layer“ that would review scripts before a show or series is commissioned or goes under production.

Subhash Chandra wants to buy Dish TV shares worth Rs 1,500 cr, legal experts ask how

CNBC-TV18 has learnt that as part of the agreement, Essel Group entities have committed to repaying Rs 1,500 crore within a span of seven months to JC Flowers. The terms of the settlement dictate that 15 percent of this amount would be repaid within the first 30 days, with the remaining 85 percent to be paid over the following six months, the sources said. (Image sourced from ZEE website)

The Essel Group Chairman is reportedly in talks with JC Flowers Asset Reconstruction Co to buy its 28.2% stake in the satellite TV operator. However, with Chandra still to repay creditors of Essel Group, legal experts say he will find it difficult to raise the money.

Publicis Groupe’s Arthur Sadoun, “We continue to outperform the market on organic growth”

Earlier this year, WPP, Publicis Groupe's rival ad network, partnered with NVIDIA to build generative AI-enabled a content engine for its digital advertising services. (Imaged sourced via Publicis Website)

The French advertising network recorded 7.1 percent organic growth for H1.

TRAI issues recommendations on AI; states urgent need for regulatory framework

The Government may take appropriate measures to provide relief to the FM radio operators to address challenges posed due to COVID-19 pandemic. (Representative image by Rod Long via Unsplash)

TRAI releases recommendations on AI and bats for the urgent need for a risk-based framework for the regulation of AI use cases.

Dominos India launches cheapest pizza in the world to battle inflation

Of the QSR/ fast food chains that they have heard of, McDonald’s and Domino’s top the rankings, with almost half (46 percent) choosing them as their favourite brands. KFC comes in next (42 percent), followed by Pizza Hut and Burger King (27 percent and 24 percent, respectively). (Representative Image by Vit Ch via Unsplash)

As part of Dominos’ cost-cutting plan, all lids have been removed from the boxes of the pizzas sold in-store. This has contributed significantly in saving packaging costs.

OTTs under MIB scanner: Now trailers, ads, promos must carry age classification

GDPR mandates that BFSI marketers get consumers' express consent before collecting their personal data for marketing purposes in the context of digital marketing.

Earlier this week, Anurag Thakur chaired a meeting with OTT players reminding them to prevent vulgarity and abuse under the guise of creative expression.