Subscription streaming video is cooling down from torrid growth rates seen in 2020 and ’21 — fueled by pandemic lockdowns — but is still experiencing healthy expansion in the U.S., one of the segment’s most mature markets.
Did you ever think of becoming a social media influencer because you are weirdly attracted to the freebies they get to use? Well, the social media influencers will soon have to pay TDS for the freebies they receive. As per reports, the government will levy a 10 per cent TDS on freebies they receive from businesses for promotion. Along with the influencers, doctors will also have to pay tax on the freebies they receive from pharmaceutical companies and others.
Speaking at the inaugural CNN-News18 Town Hall, Minister of Information and Broadcasting and Sports & Youth Affairs, Anurag Thakur said that the government supports self-regulation for the OTT industry.
IT minister Ashwini Vaishnaw on June 18 said there is a clear consensus in the country on making social media platforms more accountable, and assured that the government will bring legal changes and regulations needed to do so.
Mukesh Ambani’s group ultimately dropped the pursuit of television broadcast rights to India’s top cricket league that Walt Disney Co. secured for $3 billion as the Indian conglomerate saw limited opportunity for long-term profit from the legacy platform.
The National Music Publishers’ Association has announced a crackdown on apps that use music without a proper license. The industry group filed a lawsuit against the music video maker Vinkle and sent cease-and-desist letters to nearly 100 other infringing apps. Meanwhile, Google and Apple are put on formal notice and requested to take swift action.
Pirate site blocking is widely regarded as an effective tool to combat online piracy. But just how effective is it? Data show that a recent torrent site blocking order in the Netherlands had no visible impact on local downloading and sharing activity. Old habits die hard apparently; especially when there are still plenty of alternatives.
Telecom minister Ashwini Vaishnaw on Saturday said 5G deployment will commence in 20-25 cities and towns by the year-end, and indicated that India, with its current data prices significantly lower than global average, will continue to set rate benchmarks as new services are rolled out.
Ad-supported platforms from Roku and deep-pocketed parents including Fox, Paramount and Amazon are moving beyond bargain-basement programming
Unlike domestic film business that has already breached 2019 pre-covid levels in the first few months of 2022, overseas box office continues to remain relatively dull, according to trade experts who have only seen 60% of the business return as of now