Since 2017, online video, excluding sports, has seen a threefold increase in content investments, highlighting a shift in industry preference from television to OTT platforms.
By 2026E, digital media is expected to grow at a CAGR of 13.5% at ₹95,500 crore. In contrast to this, television is expected to grow at a CAGR of 3.2% at ₹76,600 crore.
The OTT market will continue to grow at a 14.3% CAGR to produce revenue of $3.5 billion in 2027, says PwC
Indian semiconductor market is expected to reach $55 billion by 2026. Sports market, too, could touch $100 bn by 2027, says Deloitte’s TMT Predictions report
ZEEL shares dropped nearly 5% on Friday after the NSE barred the media company from the futures and options (F&O) segment of the exchange.
Shares of NDTV have risen 31.5% in the past six sessions after Gautam Adani’s Adani Group announced to acquire stake in the media company.
Adani Group’s open offer to acquire a majority stake in NDTV has been delayed as Gautam Adani’s firm needs approval from SEBI to complete the acquisition.
Adani Group’s media arm to buy 29.18% stake in NDTV and plans to make an open offer to acquire additional 26% shares in the media company.
The proposed merger of Zee Entertainment with Culver Max Entertainment (formerly Sony Pictures Networks India) has been approved by the BSE and the NSE.
A big trend playing out is the endgame battle between legacy media and new tech giants, says Sameer Nair, CEO, Aditya Birla Group's Applause Entertainment.
