Media And Entertainment

India's E&M industry revenue to reach $47.2 billion by 2029: PwC report

PwC's Global E&M Outlook projects India's entertainment and media revenue at $35.3 billion in 2025, rising to $47.2 billion by 2029, driven by internet ads, OTT growth, gaming and live experiences

CII seeks national M&E policy to position India as global creative hub

CII has called for a National Media and Entertainment Policy to unify regulations and unlock growth, arguing that India can build a globally competitive creative economy by 2030

News, views, and AI: How bots threaten the future of news publishing

From June 2024 to June 2025, the top 10 English language publications in India lost 20-30 per cent of their online audience, according to media analytics firm Comscore

Nifty Media eyes BIG breakout: Den, Network18 up 9% today; what lies ahead?

Nifty Media index seen testing the 200-DMA hurdle after December 2024; that apart the index eyes breakout on the weekly scale as well. Here's a technical outlook on the index and 3 key media stocks.

Sun TV shares slide 5% on reports of Maran vs Maran feud; details here

Shares of Sun TV fell on reports that MP Dayanidhi Maran accused his brother and Chairman Kalanithi Maran of fraud and money laundering in a legal notice

Finding Indian media's Ted Lassos: M&E needs bold policy, capital

The growth in M&E slowed to 3.3 per cent in 2024 from 8.3 per cent in the previous year, thanks to a drop in revenue for TV, animation and visual effects

Writer of 'Laapataa Ladies' Goswami refutes allegations of plagiarism

Biplab Goswami, who penned the story of Kiran Rao's critically-acclaimed film "Laapataa Ladies", on Saturday dismissed the claims that the movie's plot has been plagiarised. Many social media users earlier this week shared a short clip from 2019 Arabic short film "Burqa City", noticing similarities between the stories of the two movies. In "Burqa City", a newlywed man sets out to find his wife after she is mistaken for another woman in a burqa. Similarly, "Laapataa Ladies" follows Deepak as he searches for his new bride, who is accidentally swapped with another ghoonghat-clad woman on a train. In a statement, posted on his official Instagram page, Goswami said the allegations are completely "untrue". "Our story, characters, and dialogues are 100% original. Any allegations of plagiarism are completely untrue. These allegations not just undermine my efforts as a writer, but also the tireless efforts of the entire filmmaking team," he said. Goswami also said the screenplay for "Laap

Centre announces $1 bn fund for creators' economy ahead of WAVES summit

The Centre on Thursday announced a USD 1 billion fund to give a boost to the emerging creators' economy in the country and reached out to envoys from over 100 countries seeking their participation in the first World Audio Visual and Entertainment Summit (WAVES) to be held in Mumbai. External Affairs Minister S Jaishankar, Information and Broadcasting Minister Ashwini Vaishnaw and Maharashtra Chief Minister Devendra Fadnavis hosted the envoys here and sought their presence at the Roundtable of top media CEOs to be chaired by Prime Minister Narendra Modi during the WAVES summit. India is positioning WAVES to be held from May 1 to 4 as the first convergence platform for the media and entertainment sector on the lines of the World Economic Forum at Davos, a gathering of international leaders from governance and business. Fadnavis said Mumbai, the entertainment capital of India, was the perfect permanent venue for the WAVES summit like Davos is for the World Economic Forum and Cannes is

Bloomsbury announces multi-volume publishing series, 'Marvel Age of Comics'

Bloomsbury and Marvel have announced a multi-year, multi-volume licensing agreement to develop and publish "Marvel Age of Comics", a series of designed books exploring the deep and rich history of more than 85 years of Marvel Comics. The new series, which will launch with three books in November, aims to bring together a variety of talented writers, critics, pop culture experts, educators, and intellectuals to explore the expansive catalogue and characters from Marvel Comics history, it informed. "Like many others, I grew up with Marvel Comics, and it's a thrill to be working with Marvel on a series that will tell the stories behind the comics. 'Marvel Age of Comics' will feature a broad range of writers who are fans, immersed in the world of comics and eager to tell readers what Marvel stories mean to them, as well as to popular culture. "Bloomsbury is passionate about inspiring, educating, and entertaining readers of all ages and we're excited to bring our expertise and vision to

Walt Disney beats estimates with help from 'Moana 2' box office collection

The strength in entertainment helped offset a decline at Disney's domestic theme parks, which were impacted by hurricanes Helene and Milton in Florida

Getty Images to buy Shutterstock to create $3.7 bn visual content company

Getty Images is buying Shutterstock to create a $3.7 billion visual content company. The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence. The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader array still imagery, video, music, 3D and other media. With the rapid rise in demand for compelling visual content across industries, there has never been a better time for our two businesses to come together," Getty Images CEO Craig Peters said in a prepared statement. Peters will serve as CEO of the combined business. We are excited by the opportunities we see to expand our creative content library and enhance our product offering to meet diverse customer needs, Shutterstock CEO Paul Hennessy said. Getty Images shareholders will own about 54.7% of the combined company at closing and Shutterstock stockholders will own approximatel

Reliance spent $13 bn on acquisitions across sectors in five years

Billionaire Mukesh Ambani's Reliance Industries Ltd has spent USD 13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report. "Over the past five years, RIL has announced USD 13 billion in acquisitions with 14 per cent in new energy, 48 per cent in technology, media and telecommunications (TMT), 9 per cent in retail, and increasingly more in healthcare," it said. Of this, USD 6 billion was in acquisition of companies and assets in media and education business and USD 2.6 billion in telecom and internet verticals. It spent USD 1.7 billion on acquisitions in new energy and USD 1.14 billion in retail, according to Morgan Stanley. RIL's biggest ..

2024 hits the right notes: Ed Sheeran, Diljit, Dua Lipa lead concert craze

Live entertainment and concerts saw a major boom in India this year with tickets selling out within minutes and concert-goers willing to cough up exorbitant money to see their favourite artistes like Ed Sheeran, Diljit Dosanjh and Dua Lipa up close. Young audiences are driving the demand for such events and experts believe it is a new dawn for live entertainment in India. A year-end report by BookMyShow revealed that 30,687 live events were organised across 319 cities, noting an 18 per cent increase in live entertainment consumption compared to the previous year. According to a spokesperson of Zomato Live, the online ticketing arm of food and grocery delivery firm Zomato, India is becoming a hotspot for music concerts. India's growing economy and passionate fanbase have made it an attractive destination for international tours. For music enthusiasts, attending a concert in India is often more convenient and cost-effective than travelling abroad. "This shift in consumer behaviour h

Sony to continue aggressive investment in country, says India MD Banerjee

Japan's Sony will continue to invest aggressively in India, one of its most important media and entertainment global markets, with an eye on creating compelling contents, according to a senior company official. Sony Pictures Networks India (SPNI) Managing Director and CEO Gaurav Banerjee told PTI that the company is not concerned about competition from Jio Hotstar combine but is rather looking at "working together to figure out how best to entertain India". SPNI is a part of Japanese conglomerate Sony Group Corporation that had announced to invest USD 1.575 billion while announcing the failed merger with Zee in September 2021. Despite the failure of its merger with Zee, the company is open to explore alternative routes to grow, although the current focus is on growing and strengthening existing business, he added. "It (India) is one of the most significant and important markets for Sony globally and the reason for that is simple. One is this is the largest country by population ...

Female representation drops in Indian media, entertainment sector: Report

In 2023, women's representation across the major 25 firms was still at a low 13 per cent

Sebi orders bank, demat accounts' attachment of Reliance Big Entertainment

Capital markets regulator Sebi on Monday ordered the attachment of bank accounts as well as shares and mutual fund holdings of Reliance Big Entertainment to recover dues of Rs 26 crore. Before this, the markets watchdog on November 14 sent a notice to Reliance Big Entertainment Pvt Ltd (now known as Rbep Entertainment Pvt Ltd) and asked the entity to pay dues within 15 days in a case pertaining to illegal diversion of funds in the matter of Reliance Home Finance Ltd (RHFL). The attachment notice came after Reliance Big Entertainment failed to pay the fine imposed on it by the markets watchdog. The Securities and Exchange Board of India (Sebi) has ordered the attachment of bank, demat accounts and mutual fund folios of the entity to recover the pending dues. Going by the notice, dues of Rs 26 crore were pending with Reliance Big Entertainment, which included interest and recovery costs. As per the notice, Sebi said there is sufficient reason to believe that the defaulter may dispos

India to host first global summit for media & entertainment sector in Nov

India will host the first World Audio Visual and Entertainment Summit in November alongside the International Film Festival of India in Goa, with I&B Minister Ashwini Vaishnaw promising to strengthen the ecosystem for the protection of intellectual property rights in the media and entertainment sector. Vaishnaw and Goa Chief Minister Pramod Sawant made the announcement of the first World Audio Visual and Entertainment Summit (WAVES) in Goa from November 20-24 and described it as a visionary initiative by Prime Minister Narendra Modi as India seeks to make a mark in the media and entertainment sector. "IP rights hold huge value in the media and entertainment sector. We will be strengthening the ecosystem for protecting IP rights," Vaishnaw, the Information and Broadcasting Minister, said in his address at the curtain raiser event for WAVES. Vaishnaw said the government was also exploring ways to make available low-cost funds to the media and entertainment sector with learnings from

Show and tell: Why Anxiety is the new villain

Depicted as a dainty, shrivelled, orange-skinned girl, Anxiety by no means looks like the lead antagonist of a Hollywood blockbuster

Paramount's directors approve merger with Skydance ending Redstone era

The deal would elevate David Ellison, the 41-year-old tech scion who founded Skydance, as Hollywood's newest power broker

Global audiences suspicious of AI-powered newsrooms, misinformation

Newsrooms globally are working to address a new challenge with generative artificial intelligence, as tech giants and startups like Google, OpenAI build tools that can offer summaries of information