TRENDS
InMobi's Roposo sets sights on global expansion, makes debut in Indonesia
The live entertainment platform which is part of technology firm InMobi has plans to also launch in the US and Japan.
TRENDS
Lifting of Sebi ban on Punit Goenka to speed up Zee-Sony merger, say legal experts
In the scenario where Sebi gives a go-ahead in favour of Goenka, without going to the Supreme Court, analysts expect the Zee and Sony merger to complete by November
TRENDS
Financial influencers ask for clear guidelines from Sebi, bat for certification for creators
Content creators in the finance category are batting for a separate certification for influencers and urge Sebi to have a dialogue with financial influencers.
TRENDS
Representation of women in films and series marginally up, OTT leads the way
Across 25 top media and entertainment firms in India, only 13 percent of the 135 director or senior management positions were held by women in 2022
TRENDS
68,000 roles open in Hotel industry as festivals, ICC World Cup, and wedding season drive recruitment rush
With travel demand increasing and properties added, hotels are expected to surpass pre-Covid occupancy levels.
TRENDS
Hotels in India to see 75% occupancy by 2030, investments over $2.3 billion in 5 years
Increase in occupancy will be driven by the growing number of tourists visiting India. Around 1.64 crore foreign tourists arrivals (FTA) are expected this year, surpassing the record high of over 1.09 crore in 2019.
BUSINESS
PVR Inox turns profitable; here are the highlights of its Q2 performance
More big film releases from Bollywood, the continuation of promotional pricing and higher traction from advertisers should boost revenue in the coming quarters.
TRENDS
Warner Bros. Discovery bets on anime to drive growth of kids' cluster in India
Anime viewership has seen significant growth in both urban and rural markets in India. In terms of TV, on a weekly basis 12-15 million kids watch shows that are more anime-focused.
TRENDS
India leads in Asia for recovery in tourism spends, to become fourth largest global spender
The number of aggregate trips by travellers in India is expected to increase from 2.3 billion in 2019 to 5 billion in 2030, according to a report titled ‘How India Travels’ by online travel platform Booking.com along with McKinsey & Company as the knowledge partner.
BUSINESS
ICC World Cup 2023: Burger, not biryani or pizza, was the most ordered item during India-Pakistan match
Interestingly, on the day of the match, more burgers, chiefly the veg version, were ordered than biryanis or pizzas on the online food delivery platform Swiggy
TRENDS
Yatra's freight segment yet to take off but makes smooth landing in Q1 post IPO
While freight segment is yet to take off, the air segment made a smooth landing in the June quarter. The company reported its strongest quarter on the air front since the advent of the pandemic with the highest number of air passengers booked since pre-Covid in December 2019
TRENDS
Zee, SUN TV continued to face pressure in September quarter due to weak ad spends
The second half of FY24 is expected to bring some respite, thanks to the onset of the festive season and the 2023 Cricket World Cup. Chawla expects to see a gradual recovery in Zee and Sun TV's advertising revenue, as FMCG companies have started ramping up spending, while new-age companies remain under pressure
TRENDS
PVR Inox looks to drive up business of smaller films with movie passport launch
The frequency of success for medium budget films has dropped since the pandemic phase of COVID ended, said an Elara Capital note released in August.
TRENDS
ICC World Cup 2023: India-Pakistan match shatters global streaming record on Disney Hotstar
India vs. Pakistan during the ICC Men's Cricket World Cup 2023 drew 3.5 crore viewers on Disney+ Hotstar, breaking the 3.2 crore viewership record set during the IPL finale.
TRENDS
PVR Inox to launch movie subscription plan to drive new audience in cinemas
This is said to be the first ever in-theater movie subscription offering in the country.
TRENDS
Pro Kabaddi back with home and away format, sees strong increase in talent pool
After seeing talent pool increasing from 100 to 500 for the current season for men's PKL, the league is focusing on building player pool for women's league.
TRENDS
Gujarat Titans locks sponsors for IPL 2024, says not far away from break even
The two season old team had joined the IPL bandwagon in 2022 when the league added two new teams. French private equity firm CVC Capital had acquired the franchise for Rs 5,625 crore.
TRENDS
India-Pakistan match drives Asia Cup 2023 ad volume growth, Akshay Kumar most visible
Asia Cup 2023 leads in the tally of categories, advertisers and brands, according to TAM Sports data.
TRENDS
Israel-Hamas war takes toll on travel in peak Indian tourism season
The war, apart from the tension between India and Canada, has affected all travel segments just as Indian tourism was looking to recover from the dampening effects of Covid.
TRENDS
San Francisco counts on Indian visitors for tourism growth recovery
Hubertus Funke, Executive Vice-President & Chief Tourism Officer, San Francisco Travel Association (SFTA), said that in 2023 the visitor volume out of India is expected to match up with 2019 levels and India will be the first overseas market (excluding Canada and Mexico) to go back to 2019 levels
TRENDS
Shah Rukh Khan delivers a blockbuster September quarter for PVR Inox
Bollywood delivered eight films that surpassed Rs 100 crore in box office revenues, including Jawaan, Gadar 2 and Rocky Aur Rani Kii Prem Kahaani. During the September quarter, Bollywood films took in nearly Rs 2,000 crore at the box office
TRENDS
ICC World Cup 2023: Visa applications surge from cricket fans in Australia, England
Online visa application centre BLS International has seen year-on-year (YoY) increase in visa application for travel into India.
TRENDS
Is WhatsApp Channels poised to be the next big thing in the world of influencers?
Influencers and marketers see this tool as a powerful extension to their existing messaging channels and is more personalised. This can directly appeal to their followers, although it is still early to say if it can be monetised.
TRENDS
World Cup 2023: Flight searches up 15% for inbound travel, highest demand from Australia
The top-five cricketing nations visiting India around the World Cup include the UK, Australia, the Netherlands, New Zealand and Sri Lanka. On the domestic front, Delhi-Ahmedabad and Mumbai-Ahmedabad are the top searched routes for October 13 and 14.
