How it Works – Page 15

Google vs Indian app developers: Google to temporarily reinstate delisted apps

YouTube will begin to require creators to disclose when they’ve created realistic altered or synthetic content, and will display a label that indicates for people when they’re watching this content. (Representative Image: Mitchell Luo via Unsplash)

“We will invoice our full applicable services fees in the interim and are extending payment timelines for these companies,” the Google spokesperson said.

MIB’s Sanjay Jaju: OTT to be seen as a chief contributor to India’s soft power

“We have close to 90 crore internet users, more than 60 crore smartphones, more than 4 crore connected TVs,” Jaju said.

Sanjay Jaju highlighted that the digital media segment is witnessing a growth of 30 percent YoY: “The main shift here is largely due to the large shift in the OTT space.”

Online gaming surpassed filmed entertainment in India, touched Rs 220 billion in 2023

Gaming grew from Rs181 billion in 2022 and is expected to touch Rs269 billion by end of 2024. (Representative Image: JESHOOTS.COM via Unsplash)

FICCI-EY report highlights the growing popularity of online gaming, with over 450 million gamers in India and 100 million playing daily.

FICCI-EY Report: M&E sector grew over 8 percent in 2023 to cross Rs 2.3 trillion. All the key findings

The recent decision was taken under the provisions of the Information Technology Act, 2000 in consultation with other Ministries/Departments of the Government of India, and domain experts specializing in media and entertainment, women's rights, and child rights. (Representative Image: Glenn Carstens-Peters via Unsplash)

Digital revenues to surpass TV in 2024. Online gaming overtook filmed entertainment to become the fourth largest segment. Key findings from the 2024 FICCI-EY Report.

Newsprint price surge threatens Indian newspapers, industry seeks relief on import duty

According to INS many newsprint mills, across the world as well as in India, have either suspended their operations or ceased newsprint production entirely, causing concerns about the continuity of supply of newsprint across the country. (Representative image by Bank Phrom via Unsplash)

The Indian Newspaper Society is urging the government to reconsider the 5 percent customs duty on newsprint to ease the financial burden caused due to increase in newsprint price.

FICCI-EY Report: Digital revenues to surpass TV in 2024; India’s M&E sector to hit $38 billion by 2026

Expect the M&E sector to grow 10.2 percent to reach INR2.55 trillion by 2024, then grow at a CAGR of 10 percent to reach INR 3.08 trillion by 2026.

In 2024, digital media is poised for explosive growth, potentially overtaking television to become the leading segment of the M&E sector. This surge in digital media is forecasted to propel the M&E sector’s growth to a 10 percent annual rate, crossing Rs 3 trillion ($37.1 billion) by 2026.

SportsBaazi co-founder Puneet Dua: Just burning cash on user acquisition is a recipe for disaster

According to Dua, while initial concerns remain regarding the regulations, cautious optimism is emerging. Data is being analyzed by officials to understand the impact on businesses and consumers. This, along with the Finance Minister's commitment to review, fuels hope for a potential revision that fosters continued industry growth.(Representative image via Unsplash)

Puneet Dua, co-founder and CMO, SportsBaazi talks about marketing and media trends in gaming, GST impact on the ecosystem, and growth and importance of content in marketing RMG.

Apple slapped with $2 billion EU antitrust fine, following Spotify complaint

A ruling is likely to take several years and until then, Apple will have to pay the fine and comply with the EU order.

Spotify said, “While we are pleased that this case delivers some justice, it does not solve Apple’s bad behaviour towards developers beyond music streaming in other markets around the world.”

Fabindia partners with AI-powered Netcore Cloud to create individual experiences for customers

Netcore's AI-based recommendation engine will allow Fabindias to customize AI algorithms for various scenarios, tailoring product recommendations to shoppers at different stages of the purchase funnel.(Representative image by Possessed Photography via Unsplash)

This collaboration aims to enhance customer insights and transform interactions that Fabindia has with its customers on digital channels using Netcore’s GenAI-powered solutions.

Mutual Fund officials to meet ZEEL management to discuss future of company

ZEE Media, through IDPL, to invest in NewsReach which calls itself a "PR solution platform provider connecting advertisers to their target audience."

These large shareholders are meeting to discuss what’s next for Zee. All most 100 percent of the public shareholders of the company had voted in favour of the merger before Zee called it off.