Page 3 - Entertainment Sector

Media and entertainment projected to be $100-billion industry by 2030

The Indian media and entertainment industry is one of the fastest growing media industries in the world and is projected to reach USD 100 billion by 2030, Apurva Chandra, Secretary, Ministry of Information and Broadcasting (MIB), said on Friday. Chandra, who inaugurated the Media and Entertainment Week at Dubai Expo's India Pavilion, said the media and entertainment industry in India is currently valued at USD 28 billion and highlighted that the country has the talent and creative skill required in the industry. Speaking at a round-table discussion organised at the India Pavilion on "Collaborating for Animation, Visual Effects, Gaming, and Comics (AVGC) content creation with India", Chandra said, "The Indian media and entertainment industry is one of the fastest growing and the most visible in the world." "The Indian media an entertainment industry is valued at USD 28 billion and is projected to reach USD 100 billion by 2030, growing at a cumulative growth rate of 12 per cent. India

Deepfake avatars are going mainstream

While artificial intelligence is being used to support fake information, some pioneering companies are deploying simulated videos and voices for genuine objectives

2022 promises to be a year packed with films and shows worth watching

Bollywood has a long list of big-banner productions lined up for release

Best of BS Opinion: Strengthening IBC, happy stories for new year & more

Here is the best of Business Standard's opinion pieces for Wednesday

Saudi invests $64 bn in entertainment as it tries to wean economy off oil

It's a remarkable turnaround for Saudi Arabia, where only a few years ago women were prohibited from driving, restaurants were gender-segregated and most forms of entertainment were banned

JetSynthesys becomes Warner Music's India partner under strategic deal

Tie-up embraces music label licensing and acquisition, artist and event management, original content creation, short videos and films, along with mobile gaming and esports

Celebrity Aarun Nagar traverses through the entertainment industry

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Walt Disney opens Marvel-themed 'Avengers' campus in California

The company held a relatively subdued opening ceremony Wednesday evening. It was livestreamed with some celebrities - and fireworks - but without the usual hoopla.

Media and entertainment industry likely to grow 25% in 2021: FICCI-EY

The market, EY said, would cross the Rs 2.2-trillion-mark by 2023, growing at a compounded annual growth rate of 17 per cent.

Chadwick Boseman wins Golden Globe postumously for Ma Rainey's Black Bottom

Chadwick Boseman was posthumously honoured with a Golden Golden for his performance as the strong-willed trumpet player Levee in the musical period drama "Ma Rainey's Black Bottom"

Strong deal pipeline, auto sector recovery positive for Tata Elxsi

A 56 per cent stock uptick since December caps upside

2020, the year that was: A gloomy picture for the entertainment industry

Decimation of film business, redrawing of the video map, and possible break-up of big tech firms could be dominant trends in 2021

Catch the news, learn a new skill or simply have fun listening to a podcast

Podcasts are a great way for listeners to discover the content they want to hear. They're downloadable so you can listen to them whenever, wherever and however you want

Singer SP Balasubrahmanyam continues to be on life support: Hospital

Singer SP Balasubrahmanyam, who is undergoing treatment at MGM Healthcare following coronavirus diagnosis, continues to be on life support in the Intensive Care Unit (ICU)

Taylor Swift's 'Folklore' becomes her seventh No.1 album on Billboard chart

The new album captured the biggest week for any album since Swift's last release 'Lover'

OnMobile Global appoints Krish Seshadri as CEO with effect from August 3

OnMobile Global Ltd, a mobile content and entertainment services provider, on Friday said it has appointed Krish Seshadri as its chief executive officer, effective August 3.

Indian media industry to hit $100 bn revenue by 2030: Google India's Gupta

Calls for simplifying taxation framework for media and entertainment sector, infrastructure status and support to accelerate exports of films and games

Reboot-III: Big-screen entertainment six feet apart in age of Covid-19

As Unlock 1.0 sets the balls rolling for theatres, single-screen and multiplex, to reopen in its third phase, which is estimated to be around the second week of July

Quint gets listed via little-known trading firm promoted by Raghav Bahl

In a related-party transaction, Raghav Bahl transfers digital content business from an unlisted firm to a listed one

Coronavirus impact: Movies, children's content dominate TV viewership

EY estimates that a month-long lockdown will result in flat growth for this calendar year versus a forecast of 8 per cent growth made by the consultancy before the outbreak