Meta, the owner of Facebook, WhatsApp, Messenger, and Instagram, has seen a slower user growth in India due to the data price hike by telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea. The company's shares plunged more than 20% on February 2 as Facebook's global daily active users declined for the first time.
Alphabet-owned video streaming service YouTube will launch its commerce-related features first in India before rolling them out globally, CEO Sundar Pichai told analysts during the Q4 2021 earnings conference call.
Sony Music Entertainment and Sony Pictures Entertainment has announced the creation of Sony Entertainment Talent Ventures India (SETVI), a new entertainment company focused on creating ventures for media talent in India.
For its long-running flagship drama “The Walking Dead,” AMC Networks is taking a big swing at the ongoing mania for nonfungible tokens — with a multiyear NFT strategy aimed at keeping the undead franchise alive long after the show leaves TV.
The company’s stated aim is to create content “which shall appeal to all sectors of the audience, with gripping shows across genres,” including action thrillers, biopics, murder mysteries and jailbreak dramas.
As Variety Intelligence Platform’s exclusive subscriber report “Connected TV Competition” details, a combination of advertising and a share of subscriptions made to streaming services are presenting rich new revenue streams for companies in the connected TV and device space, including Roku, Google, Apple, Amazon, Samsung and many more.
Comcast and ViacomCBS’ SkyShowtime streamer has been given the regulatory greenlight and will launch in 20 European markets later this year.
Manga publishers Shueisha, Kodansha, Shogakukan, and Kadokawa have now filed their promised lawsuit at the Tokyo District Court, demanding an injunction and damages against Cloudflare for copyright infringement.
n 2009, the major record labels decided to remove DRM from music in the iTunes store. More than a decade has passed since but the issue could now make a comeback in a piracy liability lawsuit. Internet provider RCN plans to use it as a defense, while the labels claim that the DRM issue is old and irrelevant.
Prasar Bharati's auction process for slots on its free DTH platform DD Free Dish is creating some distress among news broadcasters. News channels have claimed that Prasar Bharati is not being transparent in disclosing the number of slots that are available for auction, which is leading to an inflation in the bidding prices.