The proposal, as of now, is to create a step-down subsidiary of Viacom18 Media, which will absorb Star India via a stock swap, they said.

The Indian economy is likely to grow 7.3% in FY24, IMF in its latest outlook noted that growth is likely to steady around 6.5% for the next two fiscal years.

In its 56th report titled 'Regulation of Cable Television in India', the committee, headed by Shiv Sena MP Prataprao Jadhav, also asked the ministry to apprise it about the timeline when the ministry would introduce the draft Bill in Parliament.

Technologies such as AI and digital public infrastructure have become the fundamental way of transforming government and governance and ensuring that state benefits reach last-mile beneficiaries, he said.

"What that means is leaving broad demos (demographics) behind and buying specific audiences," said Geoffrey Calabrese, Omnicom Media Group's chief investment officer.

Vaishnaw said most of the social media platforms are already moderating a lot of content and these sites are no longer a pure platform they were 30 years back.

Kerala is scheduled to launch a state-owned OTT platform, called C-Space, next month as per media reports.

Piracy continued to rise globally in 2023 across all content categories. The largest relative increase was visible in the music and software categories, which saw double-digit growth.

Pirate site-blocking schemes have become more common around the world but there are some notable regional differences.