TV advertising market to grow at 6.3% CAGR to reach Rs 43,410Cr by 2026 and OTT video market to expand at 14.1% CAGR to reach Rs 21,032Cr in 2026
Expected to exceed pre-pandemic levels in 2022
Print & OOH sectors expect tax reliefs, auto sector looks for a boost in the sale & GST relief, and A&M sector demands more power to digital & support for MSMEs from Budget
A recent Crisil report suggested that the tariff hike along with ongoing customer upgrades will lead to an estimated 20% improvement in the average revenue per user (ARPU)
The MIB Secretary was speaking about the evolution and potential of broadcasting in India. He shared that the M&E industry in India will reach approx $70 mn by 2030
At the CII SummitFX 2021 – Global AVGC Summit, Madhavan stated that the M&E industry revenues are on track to reach $30 billion in 2023 from around $19 billion in 2020
The letter also mentions allowing post-production work and the ongoing construction work of certain sets
The platform will serve the global media and entertainment industry
At FICCI FRAMES 2020, Gupta, Country Manager and Vice President, Google India, and Chairman, a little push from the government could help the industry in recovering faster
The Media and Entertainment sector in India is expected to cross Rs 2.4 trillion by 2022, at a CAGR of 10%, says the report