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Entertainment and media rebounds strongly from pandemic slump

Entertainment and media rebounds strongly from pandemic slump
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Entertainment & media revenues rebounding strongly from pandemic slump; shift to streaming, gaming and user-generated content is transforming industry: PwC

Share this article Share this article NEW YORK, July 12, 2021 /PRNewswire/ The global entertainment & media (E&M) industry has regained its momentum, with revenues outpacing the economy as a whole. The $2+ trillion industry is on track to grow 6.5% in 2021 and 6.7% in 2022, fueled by strong demand for digital content and advertising.  The renewed growth follows a challenging 2020, when in-person entertainment plummeted, including a 71% decline in movie theater box office revenues.  These figures come from PwC s Global Entertainment & Media Outlook 2021-2025, the 22nd annual analysis and forecast of E&M spending by consumers and advertisers across 53 territories. The domination of digital revenues in E&M is set to grow further

IBF forms Digital Media Content Regulatory Council, Justice Vikramjit Sen to be Chairman

Besides, six other eminent industry members which include filmmaker Nikkhil Advani, writer and director Tigmanshu Dhulia, filmmaker and writer Ashwiny Iyer Tiwari, content producer and distributor Banijay Group CEO and founder Deepak Dhar would also be part of the self-regulatory body, IBF said in a statement.

Justice Vikramjit Sen to head Digital Media Content Regulatory Council

Read more about Justice Vikramjit Sen to head Digital Media Content Regulatory Council on Business Standard. The Indian Broadcasting Foundation (IBF) on Monday announced the appointment of former Supreme Court judge Justice Vikramjit Sen as the Chairman of its newly formed self-regulatory body Digital Media Content Regulatory Council (DMCRC).Besides, six

IBF expands to cover digital streaming platforms; renamed as Indian Broadcasting and Digital Foundation

IBF expands to cover digital streaming platforms; renamed as Indian Broadcasting and Digital Foundation By siliconindia  |  Thursday, 27 May 2021, 12:03 Hrs The Indian Broadcasting Foundation(IBF), the apex body of broadcasters, is expanding its purview to cover digital streaming platforms and has now been renamed as the Indian Broadcasting and Digital Foundation (IBDF). The move would bring the broadcasters and OTT (over-the-top) platforms, which have seen a significant jump in their viewership base after the pandemic, under one roof. In support of this, the IBDF is in the process of forming a new wholly-owned subsidiary to handle all matters of digital media, said a statement.

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