Carnival Group to acquire Qatar’s multiplex chain from Elan Group
While the financial details were not disclosed, sources say the deal is pegged between Rs 500-690 crore ($75-100 million).
Indian films are a big draw due to cultural similarities. 'Dangal' raked in nearly $196 mn at the Chinese box office.
Eros Now and Xiaomi Mi TV enter into distribution partnership
This distribution deal between Eros Now and Xiaomi will further enhance Eros Now's distribution to the larger screen in India and across Asia.
PVR plans entry into Middle East, North Africa region; to form JV with Al-Futtaim Group
The Ajay Bijli-promoted company has signed a memorandum of understanding (MoU) with Dubai-based diversified business conglomerate Al-Futtaim Group to explore opportunities for jointly developing a cinema business in the MENA region.
ALTBalaji plans to invest up to Rs 500 crore over 3 years
ALTBalaji, which began operations in April last year, is aiming to more than double its subscriber base to over 8 million (excluding Jio customers) by 2021 from 2.8 million at present.
Broadcast sector gets new tariff order
Trai has enforced the framework after complying with the judicial mandates since the Madras High Court upheld the tariff order and the interconnection regulations.
Travelxp starts beaming travel channel in Singapore
Travelxp has expanded its reach into Asia-Pacific market, where it is set to take its multi-cultural travel content shot for a global mainstream audience, the company said in a statement.
Discovery Communications looks to scale up in India
Discovery has a strong portfolio of factual entertainment channels such as Discovery Channel, Animal Planet, Discovery Science, and TLC
Netflix believes in India and its story, puts record money on local content
Since its launch, the American video streaming service has quickly ramped up its library in the country.
Amazon starts Rs 129 monthly plan for Prime to draw users
The e-commerce behemoth also said it was seeing a strong adoption of Prime across tier-2 and tier-3 cities, as it has now reached 400 cities and towns.
InMobi forges partnership with Microsoft to fast track growth strategy
As part of this partnership, InMobi will also significantly expand its platform for marketers via the InMobi Marketing Cloud, adding to its InMobi’s Advertising Cloud.
Do away with local taxes on movie tickets: Assocham
Industry body Assocham has sought industry status to the film sector and has asked the government to do away with imposition of any other levy in addition to GST.
FIFA World Cup 2018 is getting viewers galore here
For the closest context, the viewership for first four Euro Cup matches was just 1.3 million impressions. As per media rights holder Sony Pictures Networks India, 47.3 million Indian viewers tuned in for the first four matches.
Over 47 million viewers tuned in for first 4 FIFA World Cup matches says Sony
As per BARC India, total impressions for the first four matches stood at 16.1 million. For the closest context, the viewership for first four Euro Cup matches was just 1.3 million impressions.
Mukarram Bhagat: A business editor for transitioning times
The Harshad Mehta story, first broken by The Times of India, but followed in detail by ET, was the first major example of how Indian banks could be manipulated to rig the markets.