Reliance-Disney JV to Challenge Rivals in Media and Entertainment Business
The proposed $8.5 deal to merge television and streaming media business of Reliance Industries and Walt Disney India will challenge rivals, Reuters news report...
Reliance and Disney Ink $8.5 bn Deal to Combine Television Business
Reliance Industries (RIL) and Walt Disney have decided to combined their entertainment and media business units forming a joint venture valued at $8.5 billion.
Mukesh...
Media Giants Fox Corp, Disney, and Warner Bros Discovery to Launch Sports Streaming Service
Fox Corp, Walt Disney’s ESPN, and Warner Bros Discovery, announced plans on Tuesday to join forces in launching a new sports streaming service set...
Netflix Bolsters Content Spending with Investment of $17 bn in 2024
Netflix has announced the addition of 13.1 million subscribers during the December quarter of 2023, marking it the largest-ever fourth-quarter subscriber growth. This figure...
FCC Plans to Curb Video Service Junk Fees imposed by Cable and Satellite Operators
Federal Communications Commission (FCC) has unveiled a proposal to cut video service junk fees imposed by cable operators and direct broadcast satellite (DBS) providers.
Kantar’s...
Japan’s SVoD Market Projected to Reach $6 bn, Led by Amazon Prime Video
GlobalData, a prominent analytics firm, forecasts substantial growth in Japan’s Subscription Video on Demand (SVoD) sector.
Projections indicate a robust surge in revenue, expected to...
France Televisions Partners with Eutelsat for 4K Channel Broadcasts Ahead of Paris 2024 Olympics
In a strategic move aimed at enhancing the viewing experience for audiences, France Televisions, the French public broadcaster, has inked a multi-year contract with...
Major Tech Companies Oppose India’s Plan for Live TV on Smartphones
India’s proposal to mandate the integration of hardware, which will cost $30, to receive live TV signals directly on smartphones, without relying on cellular...
Indian Mobile Congress 2023 Sets New Records with Over 1.5 Lakh Participants
The 7th Edition of the Indian Mobile Congress (IMC) 2023, one of the largest telecom, media, and technology events in Asia, concluded with resounding...
Netflix Raises Subscription Prices Amidst Steady Global Growth and Content Expansion
Netflix, a leading streaming platform, has implemented subscription price increases for select plans in the United States, Britain, and France.
The company witnessed a substantial...
Netflix, SK Broadband, and SK Telecom Announce Partnership and Resolution of 3-Year Litigation
In a significant industry development, global streaming giant Netflix, South Korean broadband operator SK Broadband, and telecommunications leader SK Telecom have unveiled a strategic...
Netflix revenue jumps 2.7% despite adding 5.9 mn streaming customers
Streaming giant Netflix said second-quarter revenue rose 2.7 percent to $8.2 billion despite adding 5.9 million new streaming customers between April and June.
This growth...
India’s media and entertainment industry to reach $74 bn: PwC
India’s entertainment and media industry is expected to reach a staggering Rs 6,828,944 crore ($73.6 billion) by 2027.
This remarkable growth is attributed to the...
India wants Netflix, Disney, and Amazon to face content-review
The Indian government’s proposal to independently review content on streaming platforms such as Netflix, Disney, and Amazon Prime Video for obscenity and violence has...
Video on demand users overtake pay TV subscribers: GlobalData
The number of subscription video on demand (SVoD) users has reached 1.5 billion as compared with 1.4 billion pay TV subscribers in 2022, according...
Du taps Eutelsat for DTH satellite services
Eutelsat Communications announced its partnership with Du, Emirates Integrated Telecommunications Company (EITC), to upgrade its Direct-to-Home satellite services across the Middle East and North...