Page 2 - Media Industry
Print media revenue to grow 35% in FY22, still lower than pre-Covid levels
Sharp cost rationalisation measures and digitalisation of content will lead to a revival in profitability to 9-10 per cent, ratings agency Crisil said
 "Print media revenue to grow 35% in FY22, still lower than pre-Covid levels")
Media and entertainment industry likely to grow 25% in 2021: FICCI-EY
The market, EY said, would cross the Rs 2.2-trillion-mark by 2023, growing at a compounded annual growth rate of 17 per cent.
 "Media and entertainment industry likely to grow 25% in 2021: FICCI-EY")
BS READS: How Australia's news bargaining code can address media's revenue woes
A new law in Australia that mandates Facebook and Google to pay news publishers might inspire similar legislation in other countries. To what degree will it solve news industry's revenue problem?
 "BS READS: How Australia's news bargaining code can address media's revenue woes")
Australia passes law that will make Google, Facebook pay for news
Australia's laws forcing Google and Facebook to pay for news are ready to take effect, though the laws' architect said it will take time for the digital giants to strike media deals
 "Australia passes law that will make Google, Facebook pay for news")
Donald Trump's global broadcasting chief quits over calls for resignation
Michael Pack resigned as the chief executive office of the US Agency for Global Media just minutes after President Joe Biden was inaugurated on Wednesday. The agency runs the Voice of America
 "Donald Trump's global broadcasting chief quits over calls for resignation")
Network 18 Media net profit jumps two-fold to Rs 333 cr in third quarter
The company had posted a consolidated net profit of Rs 148.29 crore in the corresponding period last fiscal, Network 18 Media and Investments Ltd said in a regulatory filing
 "Network 18 Media net profit jumps two-fold to Rs 333 cr in third quarter")
Circulating newspaper PDFs illegal via social media, hurts journalism: INS
Industry body of newspaper media outlets says the practice, which gained steam following lockdown, is in total violation of IPR and is also a threat to society
 "Circulating newspaper PDFs illegal via social media, hurts journalism: INS")
The TRP trap: Media seems to have hit the self-destruct button
A weakened media at war with itself is an ideal situation for the establishment to step in
 "The TRP trap: Media seems to have hit the self-destruct button")
Indian media industry to hit $100 bn revenue by 2030: Google India's Gupta
Calls for simplifying taxation framework for media and entertainment sector, infrastructure status and support to accelerate exports of films and games
 "Indian media industry to hit $100 bn revenue by 2030: Google India's Gupta")
We will get into electronic media, says RPSG chairman Sanjiv Goenka
Digital will be a crucial arm of the media. I am not sure whether it will be at the cost of print, but it will acquire importance. It is definitely being consumed, says RPSG Chairman
 "We will get into electronic media, says RPSG chairman Sanjiv Goenka")
Iran news agency CEO convicted for interviewee's criticism of spying
The case originates from a complaint filed by the intelligence arm of Iran's paramilitary Revolutionary Guard. It involved an extensive interview ISNA published in January 2019
 "Iran news agency CEO convicted for interviewee's criticism of spying")
A Netflix series puts the media on trial. But real life is more dramatic
Produced by actor George Clooney, lawyer and author Jeffrey Toobin, and others, this documentary highlights how in some cases gavel-to-gavel coverage wasn't just a throwaway term.
 "A Netflix series puts the media on trial. But real life is more dramatic")
Covid-19 impact on sectors: Consumption story hits the slow lane
The Rs 20-trillion stimulus package announced by the prime minister on Tuesday evening should help improve the fortunes of India Inc and these sectors
 "Covid-19 impact on sectors: Consumption story hits the slow lane")
SC seeks govt's response on PIL on lay-offs, salary cuts in media industry
Advocate Colin Gonsalves, appearing for the petitioners, said that we heard that the jobs of journalists were being terminated.
 "SC seeks govt's response on PIL on lay-offs, salary cuts in media industry")
After Ghaziabad, movement between Delhi and Noida banned; advisory to media
The decision was taken on the basis of a report by the health department in Noida, which stated that several people who tested positive for coronavirus had links to Delhi
 "After Ghaziabad, movement between Delhi and Noida banned; advisory to media")
Taiwan foreign minister invites American journalists expelled by China
The move marked the biggest crackdown on the foreign press in China in recent decades
 "Taiwan foreign minister invites American journalists expelled by China")
Media groups accuse police of harassing journalist during anti-CAA protest
Delhi Police swooped down on journalists in the Raj Ghat-Red Fort- Daryaganj area of Delhi, said Press Club of India
 "Media groups accuse police of harassing journalist during anti-CAA protest")
The fires that Indian news television lit
What will it take for TV news in India to get its act together?
The blurring lines in media & entertainment
As the mix of India's top 15 media firms changes, the battle for dominance will be fought among four key players
 "The blurring lines in media & entertainment")
Media has become more inclusive and dynamic: Havas Group's Rana Barua
Marrying music, gaming, content with communication, media and data can be a game changer in India, says Rana Barua, CEO of Havas Group India
 "Media has become more inclusive and dynamic: Havas Group's Rana Barua")
