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Media & Entertainment

MX Player, the world’s largest local video player and India’s biggest entertainment platform with over 175 million monthly active users and 70 million daily active users, has entered into the original premium content space with five MX Original Series that will go live starting February 20.

The Indian media and entertainment industry is estimated to touch $52,683 million (around Rs 3.73 lakh crore) by 2022 led by increasing disposable income, population and content consumption across the formats. The entertainment and media industry is projected to grow at a CAGR of 11.7 per cent from $30,364 million in 2017 to $52,683 million in […]

Producer Vikram Malhotra’s Abundantia Entertainment, best known for films like ‘Airlift’ and ‘Toilet – Ek Prem Katha’, and web series ‘Brethe’, has launched two segment-focussed verticals – ‘Psych’ and ‘Filters’ as it wants to focus on genre and audience-segmented content. While ‘Psych’ will develop and produce content that is focused on horror and paranormal – […]

A merger between the DTH arms of Videocon and Essel groups, which took place in March 2018, is now the subject of a legal dispute in the Delhi High Court. In a case filed on 31 August of 2018 a Videocon group company has claimed that Essel group unlawfully invoked pledges on certain Videocon D2H […]

Online social media platform Roposo has raised $10 million from Tiger Global Management, the company said, in what is the second investment by the international investor after a nearly two-year lull. Bertelsmann India Investments also invested in the round. Both are existing investors in the firm. Tiger Global had put in $15 million back in […]

Indian OTT service Eros Now will invest $70 million in original content and roll out 100 new Originals. The information was shared by Eros Digital Chief Operating Officer Ali Hussein in an interview to Variety. He is a panelist at Singapore’s Asia TV Forum & Market. Eros Digital is an arm of Bollywood studio Eros […]

A booster shot from the general and state elections and greater credibility will make the print media a dominant force in India in 2019, surpassing an impressive growth rate of 2018, Magna Global, a division of media agency group IPG Mediabrands, had forecast. As per the report, print media ad revenues grew 5.6% in 2018 […]

Access to affordable data, mobile penetration into rural markets, rising affluence and adoption across demographic segments including women and older generations are some of the key drivers that will help the Indian over-the-top (OTT) industry to unlock its potential and reach a size of $5 billion by 2023. These are the finding of the latest […]

The entertainment arm of the Subhash-Chandra-led Essel Group has secured a US patent for a digital technology that offers immersive content, capable of satisfying all five senses. Zee Entertainment Enterprises (ZEEL) said the new platform was developed at its media lab at Silicon Valley, in the US, for two-and-a-half years before securing a patent.It did […]

Cinepolis India, a wholly-owned subsidiary of Mexican multiplex chain Cinepolis will make an investment of over Rs 1,500 crore in country for next 500 screens. At present, the company operates 350 screens in India, and is way behind its initial target of reaching 500 screens by 2016. It has now targeted at operating 400 screens […]