2021 saw Hindi General Entertainment Channels (GECs) launch shows in new formats, and the new seasons of existing tentpole properties in the non-fiction category. However, the new launches and marquee shows like KBC and Bigg Boss failed to garner positive ratings, according to industry experts.
Manas Mishra, Co-Founder at Mediant, writes linear TV must look back on some of the opportunities that it let go of in the past
NxtDigital has upskilled 30-35 per cent of its workforce in digital technology, in addition to making a complete shift to the pre-paid model through enabling digital payment mechanisms, said MD and CEO Vynsley Fernandes as he talked about the company’s transformation from a cable company into a digital platforms company.
Netflix has announced its financial results for the fourth quarter of 2021. The company reported revenue of $7.7 billion registering a growth of 16 per cent year-on-year. The streaming giant added 8.3 million global paid subscribers in Q4 bringing its paid memberships up to 222 million at the end of 2021.
OneWeb and Hughes Communications India have joined hands to provide Low Earth Orbit (LEO) satellite broadband service across India. Both the companies have announced a six-year Distribution Partner agreement for the same.
A study released by Midia Research shows that worldwide music streaming subscriptions grew by a healthy 26.4% in the second quarter of 2021, standing at 521.3 million subscribers at the end of that period, an increase of 109.5 million from the year before.
Digital entertainment studio Omnific Blockchain Studios is to take operational control of Marvel Digital Productions, a Hong Kong-based effects and post-production company. The move is intended to accelerate production of non fungible tokens (NFT).
A number of single-screen theatres across the country are looking to voluntarily shut down till brand new films are available for release, even though state governments have permitted operations.
Netflix Inc. is banking on its large slate of entertainment to bring in new subscribers and justify its heavy spending on content.
The Telecom Regulatory Authority of India (TRAI) has extended the feedback deadline for two consultation papers — ‘Ease of Doing Business in Telecom and Broadcasting Sector’ and ‘Promoting Local Manufacturing in the Television Broadcasting Sector’ — for the second time on requests from the stakeholders.