The group’s results for the period include a period of temporary closures from January to April/May 2021 due to COVID-19 restrictions and a limited film slate. The operating losses are vastly lower compared to the same period in 2020 when the group posted a loss of $1.34 billion.
Poland's right-wing government won a narrow victory to pass a bill that could lead to Discovery losing its license for Polish broadcaster TVN.
The strategy works better for small-budget films that make profits by way of satellite right sales followed by a digital premiere, not being able to command the high rates that OTT platforms are willing to pay as they vie for big star, mainstream movies for direct-to-digital release.
"We felt a more efficient" set-up to give WarnerMedia "its own capital structure and stock" was better "so that investors who are interested in media would be able to invest directly," Pascal Desroches told an investor conference.
The epic streaming-fueled quest for more content has produced some truly staggering valuations for companies that make movies and TV shows.
Airtel was well positioned to launch 5G services in the country given the large investments it had already made into the technology, Mittal said in the company’s annual report which was sent to the stock exchanges Tuesday.
A quarter of US internet users now rely on a mix of Advertising-funded Video on Demand (AVOD) and Subscription Video on Demand (SVOD) services for their entertainment, according to the latest research from Ampere Analysis. This represents an increase from the 15% reported in Q1 2020.
Elaborates on how Endemol Shine India is meeting the high demand for content.
The I&B minister informed that despite the prohibitions, no monetary penalty was imposed on the channel for the violation of the Programme Code.
The India Internet Governance Forum (IIGF) will be constituted by around 12 members from across the government, civil society, industry and associations and will be led by Anil Kumar Jain, CEO of the National Internet Exchange of India.