Tag: Media

OTT regulation in Broadcasting Services Bill is light touch and not same as others: MIB secretary Apurva Chandra

Storyboard18 reported that Chandra assumed charge as Secretary in the Ministry of Information and Broadcasting in August 2021. A civil engineer by education, Chandra had earlier served as Secretary, Ministry of Labour and Employment.

The debate surrounding content regulation has been reignited with the release of draft recommendations for a Broadcasting Services Bill. While experts anticipate increased content regulation, the Ministry of Information and Broadcasting (MIB) has a different point of view. In an exclusive interview with Storyboard18, MIB Secretary Apurva Chandra delves into discussions about content regulations, the growth of linear TV co-existing with OTT platforms, regulatory considerations and strategic plans for the AVGC sector, among others.

MIB’s Anurag Thakur: AI plays important role in news but can’t replace news editors with experience

Thakur said, “4 lakh crore sale happened of local items. This happened after PM appealed for ‘Vocal for Local’ and he asked people to buy local products. This shows how much people consider PM.” (Image source: official website - anuragthakur.in)

Union Minister for Information and Broadcasting, Anurag Thakur, highlights the need for responsible use of AI in media on National Press Day

Will there be buyers for unsold TV ad inventory for the finals of Cricket World Cup?

The peak concurrency during the match on Disney+ Hotstar surged to 5.3 crore, shattering the previous record of 4.4 crore during the India vs South Africa match earlier this month. (Image sourced via X - @bcci)

According to industry sources, Broadcaster Disney Star has less than 5 percent of unsold TV ad inventory. However, the spike in ad rates may not attract brands.

MIB’s proposed new broadcasting regulations to include OTT and strengthen self-regulation

TRAI had floated a pre-consultation paper on 21st September 2023, to highlight the issues which are required to be considered for the formulation of ‘National Broadcasting Policy’.

Set to replace the outdated Cable Television Networks (Regulation) Act of 1995, India takes a bold step into the digital age as the Ministry of Information and Broadcasting introduces the Broadcasting Services (Regulation) Bill, 2023.

Punit Goenka addressed reports about Zee-Sony India merger talks stalling over disagreement on leadership

The Board of the Company, chaired by Mr. R. Gopalan, has instituted the required measures, to guide and mentor the management on a regular basis, in order to enable the team to achieve the set goals for the Company

Punit Goenka said, “We are in active engagement with Sony on various parts of the entire scheme to be finally implemented after all the approvals that we have got.”

MIB proposes pivotal ‘Broadcasting Services (Regulation) Bill 2023’

EBITDA stood at ₹44.3 crores boasting a 33 percent margin and demonstrating a substantial 36.4 percent YoY improvement, primarily driven by robust top-line growth. (Representative Image: Paul Einerhand via Unsplash)

The draft Bill provides for a consolidated framework to regulate the broadcasting services in the country and seeks to replace the existing Cable Television Networks (Regulation) Act, 1995 and other Policy Guidelines currently governing the broadcasting sector in the country.

Union Minister Anurag Thakur announced pivotal legislation to modernize broadcasting sector’s regulatory framework

Thakur said, “4 lakh crore sale happened of local items. This happened after PM appealed for ‘Vocal for Local’ and he asked people to buy local products. This shows how much people consider PM.” (Image source: official website - anuragthakur.in)

A National Broadcasting Policy, outlining the vision, mission, strategies, and action points, is seen as a critical step to guide the development and growth of the broadcasting sector, especially in the context of new and emerging technologies.

MIB approves path-breaking ‘Digital Advertisement Policy 2023’

TRAI had floated a pre-consultation paper on 21st September 2023, to highlight the issues which are required to be considered for the formulation of ‘National Broadcasting Policy’.

The Policy will enable Central Bureau of Communication (CBC) to empanel agencies and organisations in the OTT and Video on Demand Space.

Zee in “active engagement” with Sony over proposed merger scheme: Punit Goenka

The Board of the Company, chaired by Mr. R. Gopalan, has instituted the required measures, to guide and mentor the management on a regular basis, in order to enable the team to achieve the set goals for the Company

Zee and Culver Max merger was given the greens signal by the National Company Law Tribunal (NCLT) in August but there was an obstacle when Goenka, who was spearheading the plan, had to step down as CEO.

As Disney bleeds subscribers in India, Bob Iger remains optimistic but says ‘open minded’ to selling

According to a report by Bloomberg, the company is in talks with potential buyers for its India streaming and television business, including with billionaire Mukesh Ambani’s Reliance Industries Ltd. (Image source: Moneycontrol)

Disney+ Hotstar is not having a good time in India: subscriber base has seen its biggest decline since the service launched. While Disney boss Bob Iger says Disney “would like to stay”, he’s keeping an open mind where more drastic options are concerned. The ray of hope: a jump in subscribers count, and potentially, a new content partner in the world’s most populous market.