“We will invoice our full applicable services fees in the interim and are extending payment timelines for these companies,” the Google spokesperson said.
Category: How it Works
MIB’s Sanjay Jaju: OTT to be seen as a chief contributor to India’s soft power
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
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
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
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
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
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
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
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
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.