India's new cryptocurrency tax has dealt a heavy blow to the country's crypto exchanges, adding to broader sectoral woes and sending trading volumes plunging by up to 90%.
Over-the-top streaming platforms are increasingly relying on the innate urge of Bollywood A-listers to find an audience and reach out to the masses, to expand their subscriber base, said media experts.
For years, Arizona has watched with envy as New Mexico developed a thriving film economy thanks to a generous tax break.
"While I hesitate to say all audiences have returned, the trend line is moving closer to the point where most are willing," says one analyst as monthly revenue hits nearly $1 billion for the first time since the pandemic began.
TPB AFK followed the co-founders of The Pirate Bay during their infamous trial in Sweden and 10 years later, legendary Indian piracy phenomenon Tamilrockers is set to make its own screen debut. A teaser for the new Sony thriller series lifts the veil on the shadowy world of torrent site operators as they take on battalions of cops, beautiful women, and chaotic gunfights in the street.
Inflation seems to be acting as a speed-breaker in the Indian M&E sector’s growth, especially the TV segment, which was first off the block on the way to recovery after the COVID-19 virus hit the sector.
With the rise of social media platforms in the internet-driven world, the Ministry of Electronics and Information Technology is making several efforts at their end to hold social media platforms accountable, as per Union IT Minister Ashwini Vaishnaw
The new tax on social media influencers may impact smaller creators, prompt renegotiation of some deals, and make brands more selective in whom they work with, industry experts and stakeholders said.
Naqvi urged the industry members and other stakeholders to work together with the government in this journey to build up a strong and resilient environment for film tourism to grow at a faster pace.
The world's leading anti-piracy coalition ACE has booked another major success. Together with one of its newest members, sports broadcaster beIN, the group shut down several large sports streaming domains. The rightsholders received support from dozens of police officers in Egypt, where the sites were based.