Amazon founder, chairman and CEO Jeff Bezos said the e-commerce giant’s $8.45 billion bid for MGM was driven by a desire to obtain the storied studio’s intellectual property — and create new offshoots based on that.
The DoT’s wireless planning & coordination (WPC) wing late Thursday evening allotted “100, 800 and 10 units of experimental 5G airwaves to the Big 3 telcos in the 3.5 Ghz, 26 Ghz and 700 Mhz bands respectively,” a senior telco executive told ET. The 5G trial airwaves have been allocated for six months, he added.
ZEEL CFO Rohit Gupta was addressing the analysts during the company's Q4 FY21 earnings conference call.
The schism has left broadcaster-owned OTT platforms on the IBF side and standalone streaming platforms on the IAMAI side.
Sridhar Vembu, the billionaire founder of Zoho asserted that social media platforms must follow the laws of the land and stop dictating terms.
This development comes amidst escalating skirmishes between the government and international messaging and social media platforms. WhatsApp this week asked the Delhi High Court to strike down the government’s new intermediary rules for social media that mandate tracing the origins of "unlawful" messages within 72 hours.
Around 60 publishers and their associations have informed the ministry that they have already initiated the process of the formation of self-regulatory bodies under the rule.
IBDF is in the process of forming a new wholly-owned subsidiary to handle all matters pertaining to digital media.
In a separate notification, the government also said that a social media platform with more than 5 million registered users in India will be considered a 'Significant Social Media Intermediary'.
A BARC India spokesperson pointed out that with partial lockdowns and limitations on movement in several parts of the country this trend (reruns) is once more clearly visible.