The Asia Video Industry Association’s (AVIA) OTT Summit – The Future of Video Streaming welcomed 900 delegates and featured over 80 industry experts and leaders across its four-day conference last week.
India, CEO Daniel Ek said in February, was one of the regions where the company witnessed “faster growth” in Q4 2020, and was “a notable source of upside vs. our forecast driven by successful marketing campaigns”. Last month, in an interview with Music Ally, Ek pointed to “Bollywood and new types of Indian music” as genres he believes will blow up.
Innovation is now not only being supported out of India but also being driven out of India which is one of the biggest shifts we have seen.
Experts weigh in on the impact of the second lockdown on the TV industry and its ad revenue.
Promoting rising animation talent in the country is at the core of Netflix’s content development plans.
In the current situation, he said hopes are pinned on the rapid and widespread vaccination drive, which it expects would arrest the surge in cases.
The emerging concept of Open Radio Access Network (Open RAN) is software-centric, making it easier to enter this field. This has led to the emergence of several new vendors, including Altiostar, Mavenir, Parallel Wireless, among others. Reliance's upcoming 5G solution is also believed to be based on the Open RAN concept.
The music streaming industry has become popular today, having more than 400 million subscribers worldwide, according to analytics firm Statista.
The impressive $48.1 million domestic bow signals pent-up demand for moviegoing, but studio insiders caution against seeing a day-and-date release as the norm.
Amitabh Kant while addressing a virtual event organized by FICCI said, “India today is in a position to be a global leader in AI.” Kant also added that several factors contributing to this development include the availability of data, which is central to the development of artificial intelligence.