The broadcasting sector is on its deathbed because of the lopsided policy-making by TRAI. It is time for Telecom Minister Ashwini Vaishnaw to step in and rescue the industry from an errant regulator
Pirate streaming sites have plenty of options when it comes to sourcing movies, TV shows, and live TV streams. But for some, however, cheaper is apparently better. Streaming portals offering channels from Disney, Paramount, Warner Bros. and HBO are using Twitch's servers to save money, but it appears Hollywood has already launched an investigation and is hot on the trail.
The Ministry of Information and Broadcasting (MIB) has said that a comprehensive policy for the Media & Entertainment (M&E) sector is a work in progress as it involves bringing together diverse industries like TV, digital, and print in one place. The ministry believes that each of these industries has different challenges, therefore, it is not an easy task to come up with a common policy for the M&E sector.
The 5G spectrum auction that happened recently is a big step towards the launch of new internet and telecom experience in India. 5G will take India's telecom services to the next level and bring it at par with countries like China, the US, and South Korea.
Failure of films like Jersey, HIT: The First Case, Tadap and Bachchhan Paandey, all remakes of Tamil and Telugu films, has cast uncertainty over Bollywood’s over-used formula of remaking films from the south.
Video content budgets across Korea, India and Southeast Asia climbed 21% in 2021 to reach $10.4 billion. They are forecast to grow a further 15% to $12 billion in 2022, according to the 2022 edition of the Asia Video Content Dynamics report.
Paramount+ kept hiking up the streaming mountain in the second quarter as some rivals have stumbled. In announcing Q2 earnings, Paramount Global said its flagship Paramount+ service now has 43.3 million paid customers, a net add of 3.7 million for the June quarter (including 1.2 million disconnects in Russia).
The media company announced a timeline for the two services to be fused together: HBO Max and Discovery+ will launch in the U.S. as a single service in the summer of 2023, according to JB Perrette, CEO and president of global streaming and games for Warner Bros. Discovery, speaking on the company’s Q2 earnings call.
Popular open source Android app Cloudstream-3 allows people to watch movies and TV shows by aggregating content from dozens of major streaming sites. Following a DMCA takedown notice sent to Github on behalf of Sky UK, which complains about the availability of a single TV episode, Cloudstream-3's main development repo has been consigned to history.
The assessment, to be conducted by the Ministry of Electronics and Information Technology from September, will check compliance on various parameters including the number of grievances received by intermediaries, the number of complaints received and resolved by the resident chief compliance officer, among others.