Vaishnaw, Jaishankar to brief foreign envoys on WAVES

Information & Broadcasting Minister Ashwini Vaishnaw and External Affairs Minister S Jaishankar will meet ambassadors and heads of missions in India next week to apprise them of the first World Audio Visual and Entertainment Summit (WAVES) scheduled to take place in Mumbai in May.

The government is pitching WAVES as a global gathering of leaders from the media and entertainment sector, an event that could be compared with the annual World Economic Forum meeting in Davos.

Jaishankar and Vaishnaw will meet envoys of different countries in New Delhi on March 13 to share the details of the WAVES event, which will be held in Mumbai from May 1-4, a senior official said, according to a PTI report from New Delhi yesterday.

“WAVES is a premier global event that aims to connect India’s media and entertainment industry with the global market and the global media and entertainment industry,” a senior official said.

Last month, Modi chaired a meeting of the WAVES Advisory Board which includes actors Amitabh Bachchan, Chiranjeevi, Aamir Khan and Shah Rukh Khan, Netflix CEO Theodore Sarandos, Prime Video and Amazon Studios head Mike Hopkins and Indian entrepreneurs Mukesh Ambani and Anand Mahindra.

Modi interacted with the members of the Board for over two hours on February 7.

“The members of the Advisory Board are eminent individuals from different walks of life, who not only reiterated their support but also shared valuable inputs on how to further enhance our efforts to make India a global entertainment hub,” Modi had said after the virtual meeting.

In its first edition, WAVES is being positioned as a unique hub-and-spoke platform poised for the convergence of the entire Media and Entertainment (M&E) sector. As a premier global event, it aims to bring the focus of the international M&E industry to India and connect it with the Indian M&E sector and its vast talent pool.

WAVES is structured around four key pillars — Broadcasting & Infotainment, AVGC-XR (Animation, Visual Effects, Gaming, Comics, and Extended Reality), Digital Media & Innovation and Films.

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!

Ashok Mansukhani, Corporate Law and Media Law Advocate at Ashokmansukhani Associates

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Vaishnaw, Jaishankar to brief foreign envoys on WAVES

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