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Disney+ Hotstar loses 2.8 million subscribers in fourth consecutive quarterly decline

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 CEO Bob Iger says they would like to stay in the India market and are considering their options, amidst deal talks over its Disney Star business.

Disney CEO Bob Iger: We’d like to stay in that (India) market

The NCLT on Feb 9, rejected the IPRS’s plea questioned the legality of the arrangement between Star India and Novi Digital Entertainment. (Representative Image: via Unsplash)

As per their declarations, Disney is now progressing toward attaining annualised savings of $7.5 billion, demonstrating its proactive approach to cost management.

NCLAT defers hearing IDBI’s appeal against Zee Entertainment to December 6

The regulator has asked them to credit the money received for investment advisory services and has banned them from the securities market until further orders. (Representative Image: Tingey Injury Law Firm via Unsplash)

In May 2023, the NCLT’s Mumbai bench refused to entertain IDBI’s plea noting that it was barred under Section 10A of the Insolvency and Bankruptcy Code (IBC).

TRAI extends deadline for comments on “Digital Inclusion in the Era of Emerging Technologies” consultation paper

The consultation paper on the new broadcast policy will be released within the next few days, said the TRAI chairman. He added that Telecom Regulatory Authority of India has completed the process of pre-conversation for a broadcast policy. (Image sourced from Moneycontrol)

In its consultation paper, TRAI had analysed digital inclusion gaps in India.

CNN-News18 presents India’s biggest awards on news television, ‘Indian of the Year 2023’

The ‘Indian of the Year’ title will be awarded in categories such as Business, Sports, Entertainment, Youth Icon, Rising Sports Star, Social Change, and Climate Warriors.

The distinguished panel of jurors includes renowned figures such as screenwriter and lyricist Javed Akhtar, former solicitor general of India Harish Salve, former Indian athlete and vice-president of Athletics Federation of India Anju Bobby George, chairperson of RP-Sanjiv Goenka Group, Sanjiv Goenka, and environmental activist and lawyer, Afroz Shah.

Q2 sees surge in adex and subscription revenue as Indian TV defies threats

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’.

Experts predict an 18-22 percent growth in ad spends and a potential 20 percent jump in subscription revenue.

Consumer groups object to TRAI’s proposed changes for consumer organisation registration

According to TRAI, the proposed amendment would enable the authority to register capable consumer organisations having wider reach.

MIB’s Anurag Thakur: Years worth of effort that goes into making a film is laid waste by piracy

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)

I&B ministry has established an institutional mechanism of Nodal Officers to receive complaints against piracy and direct intermediaries to take down pirated content on digital platforms.