The top media entertainment executive traveled to CinemaCon for the first time to thank cinema operators and owners before his studio screened 'The Flash' in full.

Netflix is doubling down on Korean content after achieving global impact with viral series like Squid Game, The Glory and Physical: 100. The streamer said Monday, in a statement targeted to the local Korean press, that it will spend $2.5 billion in South Korea over the next four years to produce Korean TV series, movies and unscripted shows. The hefty investment would represent twice what Netflix has spent in Korea between its local launch in 2016 and today, according to the company.

The genre of true crime has seen expansive growth with an increased demand from audiences across all ages to view more of such content. Shows from across platforms have gone on to win international accolades and witnessed the highest numbers of viewership. Discovery+ launched True Crime on OTT, and this genre has grown and the channel has seen the growth of the genre

Generative AI already surpasses human creative capabilities with existing tools in two key respects: speed and cost of production. One of the first major benefits of introducing gen AI to production pipelines is its ability to unlock substantial new efficiencies for content creation, in effect translating to greater productivity, time saved and lower costs.

The Cannes Market has hitched up with the Ties That Bind and Focus Asia organizations to launch Spotlight Asia, a new industry support structure. Debuting during this year’s Cannes film festival, the program aims to foster greater film collaboration between Asia and Europe.

Reliance Jio and Bharti Airtel have been on a 5G launching spree across cities in the country. Compared to its 4G rollout, India’s 5G rollout has been much quicker and smoother. According to Counterpoint Research, India’s 5G smartphone shipments are expected to exceed that of 4G smartphones this year. There are about 85 million 5G smartphone users in India. The third private player Vodafone Idea has not announced any date for 5G launch.

The south Indian media and entertainment industry grew 33% in 2022 to record total revenues across sectors of INR293.26 billion ($3.57 billion) in 2022, a new report has revealed.

The merger of the PVR and Inox chains concluded in February and the merged entity now operates 1,683 screens in 360 sites across 115 cities throughout India and parts of Sri Lanka. Bijli has been accorded the honor of delivering the exhibition keynote address at the international day of CinemaCon, Las Vegas (April 24-27) in recognition of his role as a thought leader in the theatrical exhibition space.

Movie production company Capstone Studios has obtained a DMCA subpoena that requires Internet provider CenturyLink to identify 150 alleged BitTorrent pirates. The targeted IP-addresses are suspected of sharing a copy of the movie "Fall". While the DMCA shortcut is not undisputed, it appears to be rather effective, at least for now.