The sector continues to grow faster than GDP, driven primarily by growth in subscription-based business models and India’s attractiveness as a content production and post production destination, according to a FICCI-EY report.

Amid an unprecedented shutdown of movie theaters and entertainment production, major players are experimenting with new business models as digital platforms ascend and artists take up a DIY ethos: "You have to adapt."

European Film Promotion, an agency that represents movie bodies from 37 countries, is putting in place changes to its programs to minimize the harm being done to the industry by the coronavirus crisis. As part of that effort, EFP has convened a “crisis committee.

There has been over 50% growth in the time spent on listening amongst the age group of 18-24.

Theaters have significant exposure, Netflix and ViacomCBS have high leverage ratios, and Disney could take a major hit.

Fithian, the head lobbyist for the exhibition sector, has been sounding the alarm since theaters were forced to turn off the marquee lights this month. He’s been pressing the federal government for loan guarantees to help theaters shoulder their overhead while they have to stay closed.

PGA members that are in need of emergency financial assistance can now apply for aid, which will be administered by The Actors Fund, at the organization's website.

The digital services also decided to lower the bitrates to 480p, which will put less stress on telecom networks as India goes under 21-day lockdown and people are confined to their homes. This has caused an unprecedented surge in mobile internet consumption.

COAI has said the additional spectrum should be allocated to all telecom players equally or to no one at all.