California has set aside $342 million in tax credits in a bid to jumpstart production of big-budget films, including a record $43.9 million for the next installment in the “Jumanji” franchise.
Netflix’s $120B market surge faces a test as it bets on ads and gaming for growth. While its ad-supported tier gains users, revenue impact is modest. Gaming, a $1B investment, has yet to drive engagement.
Deepfakes may now officially fall within the scope of regulation, under the new draft amendment to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (IT Rules, 2021).
In a move likely to affect Artificial Intelligence (AI) companies like ChatGPT and Perplexity, WhatsApp has updated its Business Application Programming Interface (API) policy to restrict AI providers from accessing the WhatsApp Business Solution for providing their services.
It reported total revenues of $11.5 billion, operating income of $3.2 billion and a margin of 28.2 percent, all up double digits from a year ago.
Mahabharat: Ek Dharmayudh will stream on JioHotstar from October 25 and on Star Plus from October 26, reimagining the epic with AI technolog
Positioning India as a nation where technology and tradition converge, Jaju said the country’s growing influence on the world is anchored in values, culture and inclusivity, making it a power centre of stability in uncertain times
Jiostar plans to replicate the 100-episode daily-drop format across markets, keep investing in tent-pole entertainment to deepen engagement, and widen its CTV footprint to capture higher yields, while counting on GST-aided demand recovery to steady TV advertising
The American Film Market is joining forces with the Cannes Next section for a more tech-focused AFM in Los Angeles next month.
With a mission to dramatically increase overseas sales of anime, manga, video games, and other creative content by 2033, Japan's Entertainment and Creative Industry Strategy is ambitious and prepared for new risks.