Scripps bought Stitcher for $4.5 million in 2016 and combined it with Midroll Media, which it bought for $55 million the year prior. According to E.W. Scripps, the $325 million price tag represents a return of more than 100% in its investment in podcasting over the last five years.

GFS Film Credits, sponsored by AT&T and WarnerMedia is a “short film challenge” aimed at creators between 14 and 21.

“If any country is creating roadblocks for Indian films to be shown there, then India will reciprocate and not allow that country to display their entertainment products in our country,” he said while addressing the valedictory session of FICCI FRAMES 2020.

“We have done injustice by glorifying custodial violence on screen. The least that we can do is to question it. That is the most important thing,” Vetrimaaran said.

AXN and FYI TV 18 among English entertainment channels that have gone off air

Going by the trend in international markets like South Korea, Germany and France that saw impressive footfalls at theatres after reopening, producers and exhibitors are confident it will be replicated in India as well.

Commissioned by the Motion Picture Association (MPA), with the support of FICCI, the Producers Guild of India (PGI) and Creative First, the report points out the economic trends.

Regional content is also expected to play a big role in the growth of online video services (OVS), a segment that’s estimated to grow at a CAGR of 30% during FY20-24 to reach $2.5 billion.

Addressing a webinar ‘Regulating Creativity: Overcoming Legacy Challenges to Shape the Future of M&E’, organized during ‘FICCI FRAMES 2020’, Mr Sharma said that that technology has been the biggest disruptor.