Domestic media to overtake television in 2024: FICCI-EY
By 2026E, digital media is expected to grow at a CAGR of 13.5% at ₹95,500 crore. In contrast to this, television is expected to grow at a CAGR of 3.2% at ₹76,600 crore.
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Indian media & entertainment sector to grow 11.5% to ₹2.34 lakh cr in 2023: FICCI-EY report
In 2022, the Indian M&E sector grew by ₹348 billion (19.9%) to reach ₹2.1 lakh crore ($26.2 billion), 10% above its pre-pandemic 2019 levels
ZEE enters settlement with IndusInd Bank; stock jumps 5%
ZEE and IndusInd Bank have mutually entered into the settlement agreement under which all disputes and claims have been settled between the parties.
PVR back in black on box office boost; Q3 revenue jumps 53%
The December quarter witnessed a sharp bounceback from the previous quarter on the back of strong content performance and good recovery in box office collections.
Indian short-form app users to double in four years
The short-form app platforms, such as Instagram Reels, YouTube Shorts, Josh, etc., are set to become the second-largest segment in terms of time spent after Facebook and Google.
Lionsgate Play eyes India’s premium content space
Lionsgate Play, one of the newest entrants in the OTT space, wants to develop a diverse slate of premium originals from India. But the space is already crowded with big names vying for attention.
