The media sector is expected to grow by 10.2% to reach Rs 2.55 trillion by 2024
India's smart TV shipments recorded double-digit growth of 28 per cent in 2022, which was led primarily by the festive season in the third quarter of multiple new launches, discount events, and promotions, said a Counterpoint Research report. Moreover, demand for bigger screen-size TVs in the lower price tier also fueled the growth, it said. While in the December quarter, after the festival sales, smart TV shipments were almost flat at 2 per cent Year-on-Year (YoY) due to a slowdown in demand. Smart device maker Xiaomi continued to lead India's smart TV market in 2022 with an 11 per cent share. This was followed by Samsung, LG, One Plus and TCL, respectively in the fast-growing Indian smart TV market. OnePlus and TCL were among the fastest-growing smart TV brands in 2022, said the Counterpoint Research report. While Sony was among the preferred brands in the premium segment. In 2022, over 99 per cent of the TVs were assembled locally, while only some high-end TV sets were import
India's extended warranty market is expected to exhibit a CAGR of 11.65% during 2023-2028
The idea is to supplement Netflix's shows and movies and help retain customers as the company raises subscription prices
Men's and women's T20 leagues to be offered free on JioCinema app; 16 feeds in 12 languages, multi-camera angles, 4K broadcast among tech innovations
Mobile phones and TV sets manufactured in India would become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in Basic Customs Duty (BCD) on import of their components but smokers would have to pay more as the government has increased taxes. Fully imported cars, including electric vehicles, and those assembled in India with imported parts will also become costlier with the finance minister increasing customs duty. Following is a list of imported items that will become costlier: *Cigarettes *Kitchen chimney *Imported bicycles and toys *Fully imported cars and Electric Vehicles *Imitation jewellery *Compounded rubber * Silver dores *Naphtha However, certain goods will become cheaper as the government has slashed the customs duty and these are: * Domestically-manufactured TV sets * Shrimp feed * Fish lipid oil used in manufacturing aquatic feed * Seeds for lab-grown diamonds * Capital good *Machinery for manufacturing lithium ion cell to be used in electri
Group president Suparna Singh, chief strategy officer Arijit Singh and chief technology officer Kawaljit Singh Bedi exit firm
Shipments of indigenously made television grew by 33 per cent to over 5 million units in the July-September 2022 quarter compared to the previous quarter, market research firm Counterpoint Research said on Tuesday. According to the report, TWS (True Wireless Stereo) segment led the electronics wearable category in terms of local manufacturing with almost 37 per cent of its shipments being manufactured in India. "Made-in-India TV shipments grew 33 per cent quarter-on-quarter in the third quarter of 2022 to reach over 5 million units. In the electronic wearables category, the TWS segment led in terms of local manufacturing with almost 37 per cent of its shipments being manufactured in India," the report said. Electronics manufacturing services company Optiemus dominated the local manufacturing and contributed to more than 90 per cent of the shipments, the report said. Bharat FIH, Padget, Avishkaran and Optiemus were the top four brands and cumulatively contributed to almost 90 per ce
The Telecom Regulatory Authority of India on Thursday recommended that the renewal of registration of multi-system operators of satellite television should be done for a 10-year period and the process fee kept at Rs 1 lakh. The regulator made a host of other recommendations for the renewal of multi-system operators (MSOs) registration after consultations with stakeholders. The Union Ministry of Information and Broadcasting had asked for the Telecom Regulatory Authority of India's (TRAI) recommendations since the Cable Television Networks Rules, 1994, did not have a provision for the renewal of MSO registrations, the regulator said in a statement. "The authority recommends that all such registrations, which have either expired or (are) about to expire within the next eight months from the date of implementation of (the) decision of MIB with respect to the renewal of the MSOs registration, should be deemed to expire after eight months from the date of implementation of the ...
The appointment of directors, NDTV said, would be taken up at its next board meet on December 23
Conglomerate can now propose reconstitution of board, say proxy advisory firms
The offer, for 16.7 million shares at Rs 294 apiece, will close on December 5. The size of the open offer is nearly Rs 493 crore
This is a significant margin in terms of the consumers of sport, indicating that TV broadcasting still remains the number one channel in providing content to viewers
Commerce and industry minister Piyush Goyal on Thursday asked the entertainment industry to self-regulate content of programmes on televisions and over-the-top (OTT) platforms as some of them are beyond acceptable standards within the Indian cultural landscape. He said that some form of self-regulation and some levels of decency in the presentation of India, Indian families and culture needs to be there. "I do believe that some form of self-regulation within the media and entertainment industry is called for. On the one hand, we talk of our culture, rich tradition, our heritage, our family value systems and on the other hand, some of what we see on television and OTT platforms, certainly is beyond what is ordinarily acceptable standards within the Indian cultural landscape," the minister said. He wondered if any of the Indian families use the kind of language that is sometimes reflected on some of these OTT shows. "I do not know if it helps in sell your product any better. I suspec
A pilot study on direct-to-mobile broadcasting, that has the potential to enhance the reach of television manifold, will be carried out in the national capital region soon, Information and Broadcasting Secretary Apurva Chandra said on Thursday. Addressing the Big Picture Summit organised by Confederation of Indian Industry here, Chandra said direct to mobile broadcasting was the next big thing for television media as it has the potential to increase viewership manifold. Currently, there are about 20 crore television households in the country. India has over 60 crore smartphone users and 80 crore broadband users. Reach of television media is set to be much higher, he said. He said IIT-Kanpur and Sankhya Labs have carried out a pilot study on direct to mobile broadcasting in Bengaluru and were now launching another study in either Noida or some place near Delhi. Chandra said the government was also working on the issue of TRP ratings. The pilot project on reverse path data (RPD) has
Second time in eight years that TRAI will be issuing guidelines. Comes amid the Adani-NDTV spat. Regulator had released consultation paper in April
In terms of consumption patterns of those watching streaming TV, 41 per cent prefer OTT for movies and serials, 17 per cent prefer music
Part of new uplinking-downlinking rules prescribed by I&B ministry
The Kodak Matrix QLED TV 50-inch goes beyond fundamentals in terms of features to look good for its price, but cheap built and unstable operating system give away its budget roots
The government will soon deregulate uplinking of satellite television channels in a bid to make India an uplinking hub. Addressing the India Space Congress here, Information and Broadcasting Secretary Apurva Chandra said on Friday that of the 898 television channels broadcast in the country, 532 use foreign satellites for uplinking and downlinking of their services. "We want to deregulate uplinking to satellites under the guidelines so that India can become a hub," Chandra said. He said the uplinking and downlinking guidelines were last issued in 2011 and the process to revise them was underway. "The guidelines will be revised soon, may be within a month," Chandra told reporters later. He said neighbouring countries such as Nepal, Sri Lanka, Bhutan can also use India as a hub for uplinking their television channels. Chandra said the government had approved USD 102 million (one million = 10 lakh) in remittances to foreign satellite operators over the past two years for providing .