BUSINESS
JioStar boosts its investments in India media and entertainment, spends reach Rs 30,000 crore in 2025
Shankar said that the growth possibilities are enormous for the media and entertainment sector.
BUSINESS
Movies, TV, OTT generated over Rs 5 lakh crore, created 26 lakh jobs in 2024
The sector created direct jobs to the tune of 8.2 lakh and indirect jobs of 26.4 lakh in FY24. It is estimated that the sector will create 9.3 lakh direct and 30 lakh indirect jobs by FY29.
ENTERTAINMENT
It's an AI wave in India's creative industry but the missing link is adoption and execution
AI is projected to boost productivity in India’s media sector by 15-20 percent by 2030, primarily through content strategy optimisation.
ENTERTAINMENT
WAVES looks to further unlock the potential of Rs 2.5 lakh crore media and entertainment industry
Across the four days, discussions will be held around the major themes of the creative economy including broadcast, content creation, delivery platforms, advertising & marketing, animation, visual effects, eSports, digital media, app economy, influencers and films.
BUSINESS
Coldplay in concert: Generates business of Rs 641 crore and 15,000 jobs
Chris Martin's band held five concerts in India in January. Coldplay's three concerts in Ahmedabad were the biggest in-stadium events the country, injecting Rs 392 crore into the local economy, an EY report has said
TRENDS
Advice or endorsement? ASCI's revised guidelines give a breather to health, finance influencers
Influencers need to be qualified and declare their qualifications only when they provide technical information or offer advice, ASCI has said
ENTERTAINMENT
IPL fever takes flight with 35% spike in travel bookings and a 3 times surge in hotel demand
Along with flights and hotels, train bookings have also surged with the ongoing IPL season sparking a 60–65 percent year-on-year increase.
BUSINESS
International tourist inquiries to J&K see a 20% drop, following Pahalgam attack
Comparing the current situation to the Pulwama terror attack of 2019 where 40 Central Reserve Police Force (CRPF) personnel were killed, executives said that both domestic and international travel agents are expected to avoid Kashmir as a holiday destination in 2025 until there are clear signs of truce between India and Pakistan.
ENTERTAINMENT
Reels on sets: Assam to make its upcoming media city a creators’ hub to draw influencers
At the heart of the Rs 500-crore media hub in Guwahati are influencers who are creating content like never before.
ENTERTAINMENT
AI is being used in filmmaking, it’s best to embrace it: Siddharth Roy Kapur
He said that instead of trying to fight technology, we should see it as one more thing that can make our life easier and richer.
ENTERTAINMENT
Siddharth Roy Kapur goes epic with Anarchy, aims for the global stage
The show is being planned as an 8-10 episode series, with the potential for multiple seasons.
TRAVEL
Pahalgam attack to derail immediate hotel openings as Brand Kashmir takes a hit
According to hospitality advisory service HVS Anarock data, however, current branded hotel supply in Jammu and Kashmir is around 3,000 keys which by 2029 is expected to increase to over 1,200 keys.
BUSINESS
Pahalgam attack hits tourism as 15,000 travellers seek to reschedule, cancel flight to Srinagar
Senior executives from domestic airlines told Moneycontrol that around 60,000 to 70,000 passengers fly to Srinagar every week from across India and in the aftermath of the deadly terrorist attack in Pahalgam, tourism to Kashmir will take a hit at least for the next fortnight.
TRAVEL
Pahalgam attack sends shockwaves, tourists cancel travel plans amid security concerns
Many tourists have cancelled their hotel bookings, fearing for their safety, a travel agent said. "The attack has raised concerns about security in the region, impacting tourism and local businesses."
TECHNOLOGY
From Zepto to OTTs, Google sees brands riding the AI wave across Shorts and Search
Google's AI Overviews, launched last year and now available in over 100 countries, is resulting in consumers visiting more websites and seeing more relevant ads.
BUSINESS
Treebo to beef up hotel portfolio to 2,000; taps into Accor brands to grow in mid-market segment
Treebo is looking to turn profitable on a full-year basis by FY26 while it continues to expand in both economy and mid-market hotel segments.
TRAVEL
Major gaps in fund utilisation plague tourism schemes: Parliamentary standing committee
The committee on transport, tourism and culture has raised serious concerns over the chronic pattern of fund underutilization by the Ministry of Tourism.
ENTERTAINMENT
Influencers score big this IPL season as brand spends touch Rs 1,000 crore
The spending has increased 25-35 percent year-on-year from IPL 2024, and brands are finding it a value proposition, with marketers available at all budget levels.
ENTERTAINMENT
Flower nahi fire hai: Hindi dubbed versions open up a box office goldmine for South movies
There is good money coming in for Hindi dubbed versions of South Indian films because of the change in mindset, said the distributor of the film Marco.
ENTERTAINMENT
Gujarat Titans to add more sponsors as fandom for franchise grows, says COO
GT COO Arvinder Singh said that since year one of the Titans, the franchise has enjoyed a strong fan following. More than half a million people have installed our app just in this season, he said.
BUSINESS
Tere jaisa yaar kahan: From bad breakups to loneliness, Indians are paying to talk to AI friends
More people are seeking an AI shoulder to lean on, providing platforms like Bezu with an opportunity in the Indian market, where users are willing to pay to converse with AI agents.
BUSINESS
Distress Deal: Cash-strapped Good Glamm Group to sell MissMalini for Rs 4 crore
Moneycontrol has learnt that Miss Malini's domain name and social media pages will be sold while its influencer business will continue to stay with GGG.
BUSINESS
Ajay Devgn raises the bar: GlenJourneys Single Malt joins Bollywood’s alco-bev wave
Devgn recently launched an artificial intelligence company called Prismix and also has a visual effects firm along with a theatre chain called NY Cinemas.
ENTERTAINMENT
Will Salman Khan's Sikandar boost box-office sales or will it be another dull Eid?
While exhibitors are pinning their hopes on Sikandar and Salman Khan, it has been a dull start for the movie in terms of advance ticket sales.
