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India SVOD revenue to reach $2.7 bn by ’26: GlobalData

The subscription video on demand (SVOD) service revenue in India is expected to grow at a compound annual growth rate (CAGR) of 15.5 percent from $1.3 billion in 2021 to $2.7 billion in 2026, driven by solid growth in SVOD subscriptions and an increase in unique SVOD household penetration, according to GlobalData, a ...

Media ownership: BIF decries few stakeholders’ bid to ‘confuse, confound’ concepts

Urging India’s telecom and broadcast regulator TRAI to side with ‘regulatory restraint’ on issues relating to media ownership, Broadband India Forum (BIF) has highlighted that some stakeholders were making attempts to ‘confuse and confound’ the concepts of dominance and its abuse. “We want to highlight that the comments made by some stakehold...

Spotify expands video podcasts for creators

Swedish music streaming platform Spotify has announced expansion of video podcasts for creators in six new countries, including Germany, France, Italy, Spain, Brazil, and Mexico. This is the first time Spotify has allowed this feature in non-English speaking countries. "These are markets with especially strong podcast creator communities t...

Mirchi Plus announces ‘Manohar Kahaniyaan’ audio series

Mirchi, the city-centric music and entertainment company, launched its brand-new audio series ‘Manohar Kahaniyaan’, exclusively on the Mirchi Plus App. The 13-episode series is an adaptation of the famous Hindi pulp fiction magazine of the 90s ‘Manohar Kahaniyaan’. ‘Manohar Kahaniyaan’ makes a great entertainer for the listeners as it brin...

Netflix partners with Microsoft for ad-supported service

Netflix Inc and Microsoft said on Wednesday the latter has been selected as technology and sales partner for the streamer’s planned ad-supported subscription offering. The streaming giant is looking to plug slowing subscriber growth by rolling out a cheaper plan supported by ad revenues, according to news reports filed by Reuters and CNBC. ...

YouTube disables picture-in-picture mode globally

Google-owned video streaming platform YouTube has disabled the picture-in-picture (PiP) mode globally on all iOS and iPadOS 15.0 and higher-running devices. Global YouTube Premium subscribers will be able to watch videos on their iPhones and iPads in PiP mode, which allows them to browse other apps on their devices while watching the videos i...

EXCLUSIVE PHOTOS

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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!