industry news - Indian Broadcasting World

Meta plans virtual currency, creator coins for its apps

Meta Platforms Inc. is readying plans to introduce virtual tokens and cryptocurrencies to its family of apps to use such virtual tokens for rewarding creators and lending and other financial services.

The move, which is reported to be in its early stages, comes as Meta grows its focus on services centered around...

Naga Chaitanya to star in Venkat Prabhu bilingual film

Actor Naga Chaitanya is set to star in filmmaker Venkat Prabhu’s upcoming film, the makers have announced.

The untitled film, which will be the actors’ 22nd project, will be in Tamil and Telugu and is billed as a ‘commercial entertainer’. The movie is produced by Srinivassa

Musk’s Twitter board entry worries employees on content moderation

News of Tesla Chief Executive Elon Musk taking a board seat at Twitter has some Twitter employees panicking over the future of the social media firm's ability to moderate content, company insiders told Reuters.

Within hours of the surprise disclosure this week that Musk, a self-descr...

Saregama announces multiple projects with Tovino Thomas

Saregama's Yoodlee Films have joined hands with South Indian actor Tovino Thomas to produce original content.

Saregama's Yoodlee Films and the actor's company Tovino Thomas Productions would produce films and web shows in Malayalam and Hindi, PTI reported from Mumbai.

AVIA OTT Summit ends with much optimism for Asian growth

The Hong Kong and Singapore-based Asia Video Industry Association (AVIA) recently hosted over 850 delegates and featured over 80 industry leaders at the recent OTT Summit, with conversations revolving around subjects of growth, subscriber and revenue growth, increased local content investment, and an intense focus on...

Investment firm Invesco to cut holding in Zee to 11%

US investment firm Invesco is set to cut its holding in Zee Entertainment by more than a third to 11 percent, it said on Wednesday, days after abandoning an attempt to shake up the management at the Indian media company.

Invesco, which currently owns 18 percent of Zee

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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!