The partnership deal with the Aussie media giant is the latest move by the American studio to make foreign scripted and unscripted series, in part to land on Fox in the U.S. market.
The filmmakers behind Universal and Illumination’s “Despicable Me 4“– which has grossed more than $400 million at the global box office — had been having conversations about giving the minions superpowers since the second film in the animated franchise.
Several experts said that local OTT platforms can leverage their understanding of regional preferences, languages, and cultural nuances to create content that resonates more deeply with the audiences.
The Telecommunications Act has been implemented from June 26 and all rules and provisions of the Act have to be notified within 180 days from the implementation date.
A U.S. appeals court said on Friday it was temporarily putting the Federal Communications Commission's reinstatement of landmark net neutrality rules on hold until Aug. 5 as it considers legal challenges from the broadband industry.
In a significant development for the broadcasting industry, Sony has successfully secured distribution deals with leading Multi-System Operators (MSOs) GTPL, DEN and Hathway.
Key stakeholders are looking for policies that support the burgeoning digital economy, reduce taxation burdens, and enhance consumer spending power, which in turn can boost ad revenues and marketing investments.
TRAI, however, has jurisdiction in the case of tariff forbearance and permission to DPOs to form their own bouquets, said the experts.
India’s $250 billion tech sector plays an important role in the economy, employing about 5.4 million people. Tech services make up about 7.5% of the country’s $3 trillion-plus gross domestic product.
The Telecom Regulatory Authority of India (Trai) has started a consultation to define the framework for the authorisation mechanism that is going to replace the licensing regime.