SPNI launches content production sustainability guidelines

SPNI launches content production sustainability guidelines

In what could be a first in the entertainment industry, Sony Pictures Networks India (SPNI) launched sustainability guidelines for content production in an industry-first initiative, with a commitment to lead the way for the industry by adopting green practices. These guidelines aim to have SPNI achieve a zero environmental footprint by 2050....


Nice uptick in user engagement in India, says Netflix

Nice uptick in user engagement in India, says Netflix

Despite a below average financial results for the first quarter of 2022 when it lost 200,000 subscribers globally and a gloomy prediction for the next quarter, Netflix feels its strategies seem to be working in India, which include slashing of subscription prices. Content streaming platform Netflix, which reduced its subscription prices ...


AT&T total revenue down 13% reflecting divested TV biz

AT&T total revenue down 13% reflecting divested TV biz

AT&T Inc. on Thursday posted a 2.5 percent rise in revenue for its core phone and internet business in the first quarter, as the telecom giant benefited from the expansion of its fiber internet and 5G services. The Texas-based firm, whose WarnerMedia unit completed its merger with Discovery Inc. earlier this month to form the new media firm W...


Warner Bros. Discovery to shutter CNN+

Warner Bros. Discovery to shutter CNN+

Warner Bros Discovery (WBD) has announced it would shut down its CNN+ streaming news service less than a month after its highly touted launch. The service, which sought to capitalize on the popularity of streaming video and the growth of digital news subscriptions, will cease operations on April 30. The executive who helped design CNN's strea...


Havas Media Group launches Havas Content

Havas Media Group launches Havas Content

Havas Media Group India has announced the launch of its specialized content division, Havas Content. The unit aims to focus on leveraging dynamic content to help brands create meaningful media experiences and make a meaningful difference in consumers’ lives. Havas Content seeks to bridge the gap by offering meaningful content solutions tha...


Twitter on track to be ‘cash flow break-even’: Musk

Elon Musk secures $ 46.5 bn in funding to buy Twitter

The Twitter-Musk drama continues to throw up new twists and turns, almost every day. A filing with US regulators showed on Thursday that Elon Musk has secured $ 46.5 billion in funding to buy Twitter Inc. and is considering a tender offer for its shares, Musk himself has committed to put up $33.5 billion, which will include $21billion of ...