Fox Corp reports 20 percent decline in ad revenue

Quarterly revenue clocked by Fox stood at $4.23 billion, compared with estimates of $4.20 billion, according to LSEG data. (Representative Image: Jorge Salvador via Unsplash)

Ad revenue for the company fell to $2 billion in the second quarter ended December 31. Company blames low political ad spending.

Disney to invest $1.5 billion in Fortnite maker Epic Games

“Disney was one of the first companies to believe in the potential of bringing their worlds together with ours in Fortnite, and they use Unreal Engine across their portfolio,” said Epic Games founder and CEO Tim Sweeney

Disney plans to launch a ‘games and entertainment universe’ that integrates the entertainment conglomerate’s storytelling into Epic’s popular game Fortnite.

From delivery boy to CEO: Sanjeev Bikhchandani “salutes” CRED’s Kunal Shah

Shah's journey to financial independence began at the age of 16 when he worked odd jobs such as pirating CDs and running a cybercafé from home. Despite his success, he chooses to get paid Rs 15,000 per month as CRED's CEO. (Images sourced via Forbes India)

Founder and CEO of CRED, Kunal Shah’s journey from working odd jobs as a delivery agent to leading a fintech giant, spotlighted by Info Edge founder Sanjeev Bikhchandani.

NCLT hearing on March 12 to determine fate of $10-bn Zee-Sony merger

The NCLAT will be hearing a challenge to the Zee-Sony merger on May 17. (Source: Moneycontrol)

The case, now before the NCLT and SIAC, presents a complex legal landscape where Sony must navigate the provisions of the IBC and other relevant laws to protect its interests and seek appropriate remedies, said legal experts.

Poonam Pandey is not going to be brand ambassador of Govt’s cervical cancer awareness campaign

Due to the controversies associated with her, fans were sceptical about the news of her demise. Some started doubting the validity of the announcement, while others were holding onto hope that her account might have been compromised. (Image source: News18 Hindi)

There has been news floating that Poonam Pandey may become the face of the government’s cervical cancer awareness campaign.

Publishing industry urges government action to create equitable models in digital media

In a session chaired by Avinash Pandey, CEO, ABP, Florian Nehm, senior advisor, Axel Springer SE, Public Affairs, Dhanendra Kumar, chairman, Competition Advisory Services, Elena Perotti, Executive Director, Media Policy and Public Affairs, WAN-IFRA, Arun Anant, Founder, IncValue Advisors and Senthil Chengalvarayan, Executive Director, NDTV spoke at length on the need of policy intervention to create a fair revenue share model for news publishers.

Avinash Pandey, Florian Nehm, Dhanendra Kumar, Elena Perotti, Arun Anant, Senthil Chengalvarayan spoke on cracking equitable models in digital media at the Storyboard18 DNPA Conclave and Awards 2024.

DNPA Conclave 2024: Media trust in the digital age

The discussion on Media Trust in the Digital Age: Balancing Influence and Integrity Session Chair had Nalin Mehta, Managing Editor, Moneycontrol as the moderator with Shri Apar Gupta, Lawyer, Meghna Bal, Head of Research, Esya Centre, Vinit Goenka, Author and Former BJP Spokesperson, Sanjay Goel, Member, Grievance Appellate Committee, Government of India , Arvind Arora, YouTuber and Akash Banerjee, Social and Political Satirist, Founder, TheDeshBhakt (YouTube Channel).

The discussion on Media Trust in the Digital Age created conversations on how media, influencers, government and the Big Tech can balance influence and integrity.

Adtech regulation a priority for Modi govt in third term: MoS Rajeev Chandrasekhar

This was followed by similar questions on former American president Donald Trump and President of Ukraine Volodymyr Zelenskyy.

At the Storyboard18 DNPA Conclave and Awards 2024, Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology in the Government of India, assured that the government aims to address the revenue share issue and rectify it on priority.

A robust and dynamic media ecosystem is essential for realizing the vision of Viksit Bharat by 2047: MIB’s Anurag Thakur

"Under the visionary leadership of PM Shri Narendra Modi ji, technology has become a tool for citizen empowerment and access to public services," Thakur said.

Anurag Thakur, Minister for Information and Broadcasting, Government of India took to X to share his overall thoughts on the event and this digital era.