This year, the country is celebrating years of Indian cinema. It added that Bollywood is constrained by the slow pace of screen growth and also has been facing increased competition from Hollywood and regional content.
While the industry will get a boost after the release of a few big films inthe television space is also not to be underestimated.
The regulatory bodies also need to tackle with the threat of digital piracy. Traditional business models are evolving for the better as a host of new opportunities emerge. Considering the incentives provided by the government, the trend of Hollywood and other developed countries outsourcing VFX projects to low-cost ones has been significantly on the rise.
The report, which will be formally released at the inaugural session of FICCI FRAMES on March 14, also said while witnessing a decline in growth rate, print will continue to be the second largest medium in the Indian media and entertainment industry. In India, the music industry is inseparably tied to the film industry, the development and profits from these industries are dependent on the film industry.
However, various sporting leagues such as Kabaddi, Footballand Tennis managed to create a buzz in the Indian market. The content, when charged, is being avoided by the users. This also leads to the problem of monetization of the industry.
Conclusion The Union Budget has proposed basic custom duty exemption on newsprint. In terms of performance, proved to be a year of mixed results in terms of growth across different sub-sectors. As far as films are concerned the main acts that governs its making and distributions are t h e Cinematograph Act and the Cinematograph Certification Rules.
Radio is expected to display a healthy growth rate after the advent of Phase 3 reforms, the statement said. However, the average revenue per user ARPU for television, the average newspaper cost for print and the average ticket price for films continues to be low on account of hyper competition in these industries, the statement said.
According to industry reports, the self-sustaining Indian film industry not only is the largest film producer but also has the largest number of film watchers in the world, with annual admissions exceeding 3 billion tickets. The report says that at present there are concerns around bandwidth constraints, high cost of customer acquisition, dependence on advertisement-led models and high cost of data access.
By opening up the industry to investment, the government has provided growth impetus to not only the conventional segments such as films and television but also to newer players such as gaming and advertising.
It is projected to grow at a CAGR of In India, however, unlike its global counterparts, traditional media has not been disrupted by technology although key issues including piracy continue to haunt this robust industry. The Cable Television Network Regulation Act, regulates registration and functioning of cable network providers and also provides the Advertising code to regulate the contents of advertisements, the violation of which is penalized, while Telecommunications Broadcasting and Cable Services Interconnection Regulations provides for fixation of tariffs and fees for television channels and cable network operator.
As per an IANS report, published last year, an esti-mated million pirated DVDs are sold in India every year compared to only 20 million original ones.
The growth was slightly lower than our expectation of 9. Bollywood is constrained by the slow pace of screen growth and also has been facing increased competition from Hollywood and regional content.Indian M&E to grow at a faster pace of 14% over FICCI-KPMG.
The Indian media and entertainment industry in was able to sustain a healthy growth on the back of strong economic fundamentals and steady. Media for the Masses: The Promise Unfolds (Indian - KPMG. The Federation of Indian Chambers of Commerce and Industry (FICCI) released a media and entertainment industry report depicting a pc overall growth in despite demonetisation bringing a sudden shock at the end of the year.
MUMBAI: The India media and entertainment (M&E) industry in set to grow at a CAGR of per cent to Rs billion bypredicts the KPMG-FICCI Media and Entertainment industry reportwhich was released here today by Ravi Shankar Prasad, minister of communications & IT. The report was.
Welcome to KPMG in India’s Media and Entertainment industry report micro-site. KPMG in India are proud to be the knowledge partners for the ninth consecutive year for FICCI Frames FICCI Frames is a three day global convention covering the entire gamut of Media & Entertainment like Films.
The stage is set: FICCI-KPMG Indian Media and Entertainment Industry Report 3 The stage is set: FICCI-KPMG Indian Media and Entertainment Industry Report Television: 5 5 6 The stage is set: FICCI-KPMG Indian Media and Entertainment Industry Report growth. 16 report.
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