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    Box office duds are beginning to show on star salaries

    • 24.06.2022
    • LiveMint

    The stars are just not shining bright enough for Hindi film producers. A spate of big flops is driving producers to renegotiate steep salaries of A-list actors who have not fired at the box office in the last few months.

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    Facebook Pay now becomes Meta Pay

    • 23.06.2022
    • Telecom.com/EconomicTimes

    Meta Pay will stay the same easy way to shop, send money, and donate to causes users care about on Facebook, Instagram, WhatsApp, Messenger, and anywhere else they could use Facebook Pay.

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    Media, Telecom Deals Value Hits Record Over Past 12 Months, PwC Finds

    • 23.06.2022
    • The Hollywood Reporter

    Big video gaming transactions, such as Microsoft’s $68.7 billion acquisition of Activision Blizzard, and Elon Musk’s $44 billion takeover of Twitter boosted M&A activity in the media and telecommunications industries for the 12 months through May 15 to a record $469 billion in deal value, accounting and consulting services firm PwC said in a Thursday report.

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    DMCA Subpoena to Unmask Twitter User Hits Fair Use & Constitutional Roadblock

    • 23.06.2022
    • TorrentFreak

    A Twitter user who posted copyrighted photos for the purpose of criticizing a private-equity billionaire will retain their anonymity. The allegedly infringing material was taken down by Twitter but when a shadowy company tried to use the DMCA to unmask the user, Twitter mounted a legal challenge on their behalf. The court's decision is important for both fair use and freedom of speech.

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    Indian OTT platforms rely heavily on marketing, or do they?

    • 23.06.2022
    • BestMediaInfo

    The fight to conquer India's video streaming industry is heating up, and firms are spending massive sums to promote and market themselves and their shows. BestMediaInfo.com reached out to the experts to understand more about the marketing strategies of Indian OTT platforms

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    Paramount+ will be bundled with Viacom18’s super service: Bob Bakish

    • 23.06.2022
    • exchange4media

    Paramount+, the global video streaming service from Paramount Global, will be bundled with Reliance Industries-backed Viacom18's super service. Paramount+ is slated to launch in India in 2023 in partnership with Viacom18.

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    Global entertainment and media revenues surge to $2.3 trillion; OTT growth to moderate: PwC

    • 23.06.2022
    • IndianTelevision

    Last year, the global entertainment and media (E&M) industry grew significantly faster than the world economy as a whole. Following a 2.3% dip in 2020 due to the pandemic, E&M sales increased by a solid 10.4% in 2021, from $ 2.12 trillion to $2. 34 trillion

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    NBCUniversal, Google top contenders for tie-up with Netflix for ad-supported plan: Report

    • 23.06.2022
    • Telecom.com/EconomicTimes

    Comcast's video advertisement division, Freewheel, can help Netflix with technology to deliver ads, while NBCUniversal's sales team can assist the streaming service provider with selling advertisements in the United States and Europe, the report added.

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    Audio streaming yearns for subscription manna

    • 23.06.2022
    • LiveMint

    Audio streaming platforms are trying to woo paying subscribers with incentives, such as student discounts, daily and weekly plans, complementing monthly and annual subscriptions, as well as bundled offerings in partnership with telcos and video streaming services, to grow their user base.

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    Netflix Has a Message for Hollywood: We’re Still Spending Money

    • 22.06.2022
    • Variety

    Netflix has a message for Hollywood: We’re not broke. In the wake of a massive stock slide triggered by a subscriber dip during the first quarter, Netflix co-CEO Ted Sarandos, head of global film Scott Stuber and head of global television Bela Bajaria have launched a charm offensive, stressing to top creators and agents that they will continue to spend aggressively to make and market movies and shows.

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