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    How YouTube is now the driving force for India’s creator economy

    • 23.12.2022
    • exchange4media

    As India hurtles towards becoming a five trillion-dollar economy, digitalization continues to play a massive role in getting us there. And in the age of the internet, Google plays a huge role. For instance, YouTube, according to an Oxford Economics study, added Rs 10,000 crore to the GDP in 2021, thanks to 750,000 creators and their ancillary staff.

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    Google bets on strong ad revenue growth in India

    • 23.12.2022
    • Telecom.com/EconomicTimes

    Google’s India advertisement revenue is likely to continue to see strong growth, country head Sanjay Gupta said, underlining the US search giant’s optimism for the South Asian market even as globally the company, along with major online is witnessing a slowdown on that key metric.

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    Price cut across India plans benefits Netflix in 2022; Darlings, RRR big hits

    • 23.12.2022
    • LiveMint

    American streaming platform Netflix says price cuts across plans in India have helped improve subscriber additions and audience engagement in 2022, as the service has attempted to supplement it with content that appeals to wider segments.

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    Distributors raise concerns over TV channel price hikes

    • 22.12.2022
    • Telecom.com/EconomicTimes

    While many distribution platform operators (DPOs) feel the pay-TV consumers are not ready for a price hike, TV broadcasters maintain that the hike is nominal and will not pinch the consumers hard. Leading broadcasters had recently come out with new rates for TV channels. The broadcasters have hiked the MRP of several channels and bouquets. This has not gone down well with the DPOs.

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    Netflix Reveals Plan to Invest $850M in New Jersey Production Hub

    • 21.12.2022
    • The Hollywood Reporter

    Netflix has unveiled its plans for one of the largest fully integrated production facilities in the world in Fort Monmouth, New Jersey. The streamer bid $55 million for the 293-acre parcel at the former military base, in line with the appraised value, according to Rajiv Dalal, Netflix’s director of content and studio affairs.

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    Lionsgate Expands New Jersey Production Ties

    • 21.12.2022
    • The Hollywood Reporter

    New Jersey has given Lionsgate a “Studio Partner” designation as the state expands its tax credit program to draw more high-profile film and TV projects to shoot locally. The Hollywood studio, long with an eye to controlling production costs, will now see additional above-the-line wage and salary costs as qualifying expenses to be offset by New Jersey’s film tax credit program.

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    Netflix to put an end on sharing passwords from 2023: Report

    • 21.12.2022
    • LiveMint

    Netflix, a video streaming company, plans to curb password sharing from early 2023, as per a report. Earlier this year, it was much speculated that the password sharing feature from the company will be rolled out by the end of 2022.

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    Cinemas bank on old hits to woo crowds

    • 21.12.2022
    • LiveMint

    Movie theatres are re-releasing old hits, and curating special screenings on birth anniversaries of popular yesteryear stars to bring audiences back to the cinemas as new films are failing to draw audiences.

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    Video streaming platforms up marketing game for direct-to-digital films

    • 21.12.2022
    • LiveMint

    Video streaming platforms in India that have been premiering films directly on the service, helping many bypass the theatrical route, are upping the marketing game for these movies. Titles like Monica O My Darling, Darlings, Blurrr and Govinda Naam Mera, among others, are primarily targeting influencers and content creators on YouTube and Instagram who connect better with Gen Z and millennial audiences.

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    We want to be a responsible local firm, assist in Digital India vision: Sundar Pinchai

    • 21.12.2022
    • Telecom.com/EconomicTimes

    "I think India can be a shining example. Look at what India has accomplished with the UPI, Aadhaar and the payments stack, and you will see the value of having an open, connected stack which works. And that is what the internet is. Having responsible regulation which preserves all of this are some of the core elements. India will stand to benefit a lot as it will be a successful exporter in this digital economy. So, I think, it’s a balance and that's what I see in a lot of the proposals (by the Indian government). We will be a constructive partner," says Pichai.

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