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.
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.
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.
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.
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.
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.
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.
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
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.
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.