Tag: social media

Network18 consolidated revenue up 58% in Q4-22

Network18 consolidated revenue up 58% in Q4-22

Network18 Media & Investments on Tuesday reported 58.1 per cent year-on-year surge in its consolidated net profit to over Rs 61 crore during Q4FY22.

The media company reported a 14.6 per cent year-on-year rise in consolidated revenue from operations to over Rs 1,621 crore.

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Paramount+ to launch in India 2023 as part of Viacom18 pact

Paramount+ to launch in India 2023 as part of Viacom18 pact

Another global streaming platform is set to enter India, adding to the hyper-competitive market that’s now starting to look crowded, if the various domestic regional OTT platforms too are counted in the list.

Paramount+, part of Paramount Global (formerly known as ViacomCBS), will la...

Meghan Markle's animated kids series 'Pearl' axed by Netflix

Meghan Markle’s animated kids series ‘Pearl’ axed by Netflix

Streaming platform Netflix has scrapped kids animated show 'Pearl', to be produced by Meghan Markle and husband Prince Harry's Archewell Productions. According to PTI, the series was axed as one of the platform's strategic decisions surrounding their original animated content. Netlfix and Archewell Productions, however, remain close partne...

Apple hit with EU antitrust charge over mobile payments tech

Apple hit with EU antitrust charge over mobile payments tech

Apple faces a possible hefty fine and may have to open its mobile payment system to competitors after EU antitrust regulators charged the iPhone maker with restricting rivals' access to its technology used for mobile wallets.

This marks the second EU charge against Apple after EU reg...

India’s Ministry of Information and Broadcasting (MIB) has said it suspended the registration of about 276 MSOs in April, though the reasons were not publicly outlined. However, the MIBs also stated that despite the latest action, the total number of MSOs in the country stood at 1761 at the end of April 2022. The number includes MSOs whose registrations were suspended. From the data put on the website of the Ministry, it is not clear whether the MSOs whose registrations got suspended could get back to delivering normal services as and when the objections raised by the government were addressed and anomalies in the registrations were rectified. A few of the suspended MSOs --- as highlighted by the MIB --- did change the structure of their companies from partnership to proprietorship entities. The list of suspended MSOs could be viewed on the MIB website at https://mib.gov.in/sites/default/files/List%20of%20Registered%20MSOs%20as%20on%2030.04.2022.pdf. There were four MSOs whose registrations were cancelled/surrendered during the month of April. The applications of Shivam Cable & Broadband Private Limited of East Medinipur in West Bengal and Gujrata State's Bhuj-based Rallyon Technology were rejected by the MIB owing to suppression of vital information. In March 2022 also MIB had rejected the application of two MSOs as they had withheld relevant information from the government. The registration of Panduranga Cable Network of Telengana was cancelled in April 2022 due to non-operation. Ditto for Karnataka’s RK Digital Cable TV Network. As per a government order of 2017, all registered MSOs, unless indicated in the registration order specifically, can operate anywhere in India.

MIB suspends 276 MSO registrations in April 2022

India’s Ministry of Information and Broadcasting (MIB) has said it suspended the registration of about 276 MSOs in April, though the reasons were not publicly outlined.

However, the MIBs also stated that despite the latest action, the total number of MSOs in the country stood at 1761...

‘Dr. Strange’ star Cumberbatch says would love to revisit India

‘Dr. Strange’ star Cumberbatch says would love to revisit India

Benedict Cumberbatch's connection with India goes back to his teenage years and the ‘Doctor Strange’ star says he hopes to return one day to interact with the country's "first superhero". The British actor, who took a gap-year after his school to travel to Darjeeling to teach English at a Tibetan monastery, fondly remembers his six mon...