Social Media - Indian Broadcasting World

Spotify India narrows net loss in FY23

Spotify India has reported a significant reduction in its net loss for the financial year ending March 2023. According to financial data from business intelligence platform Tofler, the audio streaming giant's India unit narrowed its net loss by 26 percent to INR 344 crore.

Threads hits 175 million users on first anniversary

Meta's alternative to X (formerly Twitter), Threads, has reached a significant milestone by hitting 175 million monthly users on its first anniversary. The announcement was made by Meta CEO and Facebook founder Mark Zuckerberg on Wednesday via Threads, celebrating the platform's rapid growth since its unexpected launch, AFP reported. Threa...

WhatsApp bans 66 lakh accounts in India

Meta-owned WhatsApp has said that it banned more than 66 lakh accounts in India in May for violating the laws of the land. Out of 6,620,000 banned WhatsApp accounts, 1,255,000 were blocked, before any reports from users. According to the IANS report, which is required to be published by social media companies under the Indian IT Rules 2021, t...

Meta removes over 21 mn pieces of bad content in India

Meta, the tech giant led by Mark Zuckerberg, reported the removal of over 21.4 million pieces of content from Facebook and Instagram in India during May. This action is part of the company's ongoing efforts to enforce its community standards and comply with the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. Accordi...

YouTube, major labels in talks to create AI-generated songs

YouTube is negotiating with major music labels Universal Music, Sony Music, and Warner Records to use their artists' music for new AI tools, according to the Financial Times. This move aims to expand YouTube's AI music ...

Meta AI launches in India on WhatsApp, FB, Insta

Meta on Monday announced the availability of its AI assistant 'Meta AI' in India on WhatsApp, Facebook, Messenger, Instagram, and meta.ai portal. With this, people can use Meta AI in feeds and chats across its apps to get things done, create content, and deep dive into topics, without having to leave the app they are using, according to a statem...

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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!