Clashes can lead to as much as 25-30% dent in business of films, if not more, at the box office, with many viewers strapped for cash post the pandemic and making a choice, especially when going out in large groups such as families
After three months of due diligence, Sony Pictures Networks India (SPNI) and Zee Entertainment Enterprises Limited (ZEEL) have signed definitive agreements to merge their operations to create a media behemoth with combined revenue of close to $2 billion.
It's official! Sony Pictures Networks India Private Limited (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) have signed definitive agreements to merge ZEEL with SPNI and combine their linear networks, digital assets, production operations and program libraries.
The aviation and telecom industries said Wednesday they were making progress to address air safety concerns about potential interference from the planned Jan 5th 5G wireless deployment.
Short-video app Triller will go public through a reverse merger with SeaChange International Inc, in a deal that will value the combined entity at around $5 billion, the company said on Wednesday.
On Wednesday, Discovery disclosed the antitrust clearance of the proposed deal to create Warner Bros. Discovery. “Approval from the European Commission is a key milestone toward completing our proposed transaction with AT&T,” David Zaslav, president and CEO of Discovery, said in a statement.
The U.S. Copyright Office has launched a public consultation to evaluate various technical measures that can identify and protect copyrighted content online. With help from various stakeholders and the public at large, the Office hopes to get a better understanding of the pros and cons of these tools, including upload filters, and the potential role of the Government.
According to online ticketing site BookMyShow that shared its entertainment trends on Wednesday, Hyderabad, Bengaluru and Chennai were the top cities that watched most movies in 2021, followed by Vizag and National Capital Region.
The Joint Parliamentary Committee report, along with the Data Protection Bill, 2021, was tabled in both houses of the Parliament on December 16 after two years of deliberations.
After a sharp recovery in the second half of 2021, the Indian advertising industry is expecting a strong double-digit growth in overall advertising expenditure (AdEx) in 2022 due to the entry of new advertisers in the form of consumer tech companies and the increase in media spends by the traditional advertisers.