BUSINESS
Will Sony Sports’ new offering Prime Volleyball League find takers in India?
India is home to over a dozen leagues in different sports but it is cricket that still sees highest traction. So, what is the potential that Prime Volleyball League sees in India?
COMPANIES
PUBG maker Krafton invests in JetSynthesys-owned Nautilus Mobile
Making its first investment in a game development studio in India, Krafton has infused $5.4 million in Nautilus Mobile that was acquired by digital entertainment and technology company JetSynthesys in October 2020.
BUSINESS
Zee sees ad revenue reach 95% of pre-Covid levels but uncertainty looms due to pandemic
In the nine months of FY22, advertising revenue grew to Rs 3276.7 crore from Rs 2625.8 crore during the same period in FY21
BUSINESS
Budget 2022: NFT players weigh in impact of 30% tax on virtual digital assets
While industry players welcome clarity on taxability, some say that 30 percent tax on income from sale of NFTs is steep.
BUSINESS
Budget 2022: AVGC taskforce to boost employment, give regularity clarity, say gaming industry experts
Gaming industry representatives said the task force formation will help bolster their domestic capacity, helping them meet the burgeoning market demands on national and international level.
BUSINESS
Cinemas reopening in Delhi will set the ball rolling for new releases, say exhibitors
While January was a wipe-off due to closure of theatres in Delhi and some parts of Haryana which led to producers delaying film releases, exhibitors say that reopening of cinemas in Delhi will lead to faster recovery in cinema business.
TRENDS
Upping 2022 comedy slate, Netflix adds Kapil Sharma stand-up, but will it drive subscriptions?
Netflix has started its 2022 comedy lineup with a standup special by Kapil Sharma, host of a popular TV show. While the platform is betting big on the new standup special, experts wonder whether the content will help the streaming player attract more subscribers in India, a market where lack of success has been frustrating for Netflix.
TRENDS
Ranveer Singh, Jacqueline Fernandez breach ASCI influencer advertising guidelines
The ad watchdog in its recent report said that out of the 5,000 posts it screened over a span of six months between July and December last year, it found 719 posts which were considered to be prima facie violations of the guidelines.
BUSINESS
INOX CEO says January footfalls pushed back by a month or two; restrictions a cause for concern
Currently, 572 out of the 667 screens that INOX operates are functioning at 50 percent or less capacity and 48 screens are shut due to Covid restrictions. Only 47 screens are operating at 100 percent capacity
BUSINESS
Bollywood tiptoes around Republic Day period again as COVID spikes
The Republic Day period for years has been lucrative for Bollywood and exhibitors. However, this year and last have been a missed opportunity due to coronavirus.
TRENDS
Q4 of 2021 records highest ad volumes for a quarter since 2019, up by 27%
In the fourth quarter last year, TV registered 489 million seconds of ad volumes, according to Broadcast Audience Research Council India Think report.
BUSINESS
Budget 2022: Covid-hit theatre owners seek tax relief, capital support
A major expectation is a line of credit so that investments can be made in growth and a package to help sustain the exhibition business
TRENDS
NFT collector Crypto Sauga launches 10,000 digital assets on WazirX NFT marketplace
CSS is a project by NFT collector Kunal Kamble who goes by the name of Crypto Sauga.
TRENDS
Here are the reasons why Netflix hasn't been able to crack the Indian streaming market
Netflix has lagged behind rivals in India for a variety of reasons ranging from lack of sufficient regional content to intense competition for viewers.
TRENDS
Instagram’s new subscription model: How it will aid Indian creators
With Instagram subscriptions, creators can develop deeper connections with their most engaged followers and grow their recurring monthly income.
BUSINESS
PVR says January, February will be muted due to deferred releases, bets big on March
While there are concerns regarding the last quarter of FY22 due to a spike in coranavirus cases, the company said Q3 FY22 was the best in the last seven quarters with Bollywood movie release calendar starting in November 2021
BUSINESS
What will Microsoft's Activision buy mean for the Indian gaming market?
Moneycontrol spoke to a number of experts from the industry to ascertain their views on the impact Microsoft's Activision deal would have on India. Read on to find out what they had to say.
TRENDS
Memes make their way in India’s NFT space, soon you can buy viral images and videos
Launched today, Meme Club will offer viral memes including Friday meme, Kamlesh meme and Cat meme as digital assets
BUSINESS
6 things to watch out for as multiplex firms kick off results season on January 21
With multiplexes reopening in most markets, Q3FY22 is expected to be the best quarter for exhibitors since the outbreak of Covid, riding on strong content and an increase in the average ticket price
BUSINESS
Stepping down as Test captain, is it the last straw for brand Virat Kohli?
The cricketer last year had announced stepping down as India T20 Captain, a decision which came after team India's early exit from the T20 World Cup. This was followed by The Board of Control for Cricket in India (BCCI) replacing Kohli as One Day International (ODI) captain with Rohit Sharma.
TRENDS
Ad volumes saw 21% uptick in 2021, F&B most preferred sector by advertisers
Food and beverage became the most preferred sector for advertisers as it took the top spot with 21 percent share in ad volumes, followed by personal care and hygiene with 18 percent.
BUSINESS
Will regional rule the roost in India’s streaming space in 2022?
It is estimated that the share of regional language consumption on OTT platforms will cross 50 percent of total time spent by 2025, said a 2021 FICCI-EY media and entertainment report.
BUSINESS
Capacity restrictions in South Indian theatres spell more trouble for box office
Last year, the South Indian film industry accounted for 60% of India's overall box office revenue. But three of the five southern States are now operating at 50% occupancy, forcing pan-India tentpole releases like RRR, Radhe Shyam and Valimai to be postponed.
BUSINESS
What Tata’s innings as IPL’s title sponsor means for the brand and league
For the company, the cricket tournament offers a major platform to reach out to consumers
