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    Thailand Introduces Tax Exemption for Foreign Actors, Boosting Incentive Scheme

    • 22.06.2022
    • The Hollywood Reporter

    Thailand boosted its film incentive scheme on Tuesday by approving a tax exemption for all foreign actors who work on movies or television productions in the country. The new measure will remain in effect for a period of at least five years.

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    Hollywood Execs Brace for Advertising “Storm Clouds” Ahead

    • 22.06.2022
    • The Hollywood Reporter

    With economic anxiety at a boiling point, media and entertainment giants are beginning to feel the heat. In any downturn, advertising is often one of the first expenditures that big companies look at to trim costs, and with worries about a recession growing, Hollywood firms that rely on ad revenue are starting to take a careful look at the marketplace.

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    Don’t Expect Streaming Revenue to Keep Up Its Rapid Growth Rate

    • 22.06.2022
    • The Hollywood Reporter

    The U.S. market that includes streaming services is expected to slow down over the next five years, according to PwC’s annual Global Entertainment & Media Outlook.

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    PVR-Inox merger gets approval from BSE & NSE; it will reshape multiplex business

    • 22.06.2022
    • IndianTelevision

    PVR and Inox Leisure on Tuesday disclosed that the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have given their clearance with regards to the scheme of amalgamation or merger deal between the two companies. The decision to merge was first proposed on 27 March before the board of directors of the two companies.

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    MeitY to organise a public consultation on proposed changes to IT rules

    • 22.06.2022
    • Telecom.com/EconomicTimes

    The Ministry of Electronics and Information Technology will organise a public consultation of the proposed changes to the Information Technology Rules of 2021
    on June 23 from 3 PM, a tweet from the ministry said.

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    Meta will not take commission from creators until 2024

    • 22.06.2022
    • Telecom.com/EconomicTimes

    According to Engadget, creators on Instagram and Facebook will have another year to make money from the apps without Meta taking a cut from their earnings

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    Content makers, OTTs look beyond southern languages

    • 22.06.2022
    • LiveMint

    After tasting success with dubbed southern films across India, content makers and streaming services platform owners are taking regional languages like Marathi, Punjabi and Bengali to wider audiences.

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    Judge Recommends $150k Piracy Judgment Against Torrent Site Operator

    • 21.06.2022
    • TorrentFreak

    The makers of the film "Hellboy" have scored a preliminary victory in Hawaii's federal court. After a three-year legal battle, Magistrate Judge Kenneth Mansfield now recommends granting a $150,000 default judgment against the foreign operator of the defunct torrent site MKVCage.

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    Telcos, Wi-Fi providers must collaborate on innovative biz models to spur digital infra: Trai chief

    • 21.06.2022
    • Telecom.com/EconomicTimes

    Trai chairman P D Vaghela on Monday exhorted telecom companies and Wi-Fi providers to work collaboratively on developing innovative business models that unleash combined power of mobile and Wi-Fi technology to improve digital infrastructure

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    ShemarooMe partners with OTTplay to make content easily available to users

    • 21.06.2022
    • IndianTelevision

    The OTT app by Shemaroo, ShemarooMe has partnered with OTTplay, to make ShemarooMe’s content easily available to the existing and potential users by opening up an entirely new way to access entertainment.

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