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The 2024 Vergecast streaming draft
The Verge
ยท
1y ago
Medial
The article discusses the streaming landscape and the annual drafting of favorite streaming services. The previous year's results are reviewed, with notable picks from each host. This year, the rules were changed, requiring each host to fill six categories. The result was a mix of surprising and unique choices, including popular services like TikTok, Disney Bundle, Peacock, Hulu, YouTube TV, and Netflix. The aim is to evaluate what's working and predict the top streaming services in the coming year.
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Elon Muskโs computer coup
The Verge
ยท
5m ago
Medial
On The Vergecast, David Pierce discusses Elon Muskโs influence over US government systems, analyzing the risks and implications. The episode also covers tariff issues affecting tech products, highlighting potential price hikes and distribution challenges. Additionally, it explores changes in the streaming industry, including Foxโs new service and Disneyโs cable strategy. Lastly, the hosts delve into Sonos's upcoming products, FCC controversies, and OpenAI's branding updates. The discussion encompasses technology, politics, and media shifts.
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India proposes new law with self-certification for broadcasters, streaming giants
Reuters
ยท
1y ago
Medial
India has introduced a draft broadcasting law that will regulate the sector, including streaming platforms like Netflix, Disney, and Amazon. The new law calls for the formation of individual content evaluation committees and aims to promote self-regulation. The proposal comes in response to the increasing scrutiny of streaming companies in India over content-related issues. The law will also grant powers to the government to regulate online creators and news media platforms. The draft law is open for public consultation for 30 days.
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RBI Proposes New Framework On Additional Factor Of Authentication For Digital Payments
Inc42
ยท
1y ago
Medial
The Reserve Bank of India (RBI) has released a draft framework that aims to provide more options for authentication in digital payment transactions. The framework proposes that one of the authentication factors be created dynamically for all transactions, except card present transactions. The RBI is seeking feedback on the draft framework until September 15, 2024.
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SEBI Tightens IPO Disclosure Norms For Faster Clearance
Inc42
ยท
1y ago
Medial
The Securities and Exchange Board of India (SEBI) is implementing additional disclosure requirements for lead managers when filing draft documents. This move aims to gather more information about pre-IPO placements, shareholders, previous agreements, and ESOP allottees. The average time taken for SEBI to clear the Draft Red Herring Prospectus (DRHP) has decreased to under three months as of May 2024.
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Centre likely to withdraw and revise draft Broadcasting Services Bill: sources
Economic Times
ยท
12m ago
Medial
The draft Broadcasting Services (Regulation) Bill 2024 is being withdrawn by the Ministry of Information and Broadcasting (MIB), and stakeholders who received the draft are being asked to return it without providing feedback. The MIB is likely reworking the bill, with a revised version expected to be released. The draft expands the scope of regulation to include social media accounts and online video creators. It also requires registration with the government and sets standards for content evaluation, raising concerns about freedom of speech. The bill was not publicly released, leading to criticism from various groups.
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RBI proposes guidelines for robust model risk management in credit
YourStory
ยท
1y ago
Medial
The Reserve Bank of India has released a draft circular addressing potential risks from the use of credit management models by regulated entities. These models are used for credit appraisal, borrower scoring, pricing, and risk management, and are inherently uncertain. The draft circular outlines three regulatory principles to ensure the robustness and prudence in the use of these models, including governance and oversight, model development and deployment, and a model validation framework. The RBI has invited comments on the draft from the public and stakeholders until September 4, 2024.
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Ullu Digital Files Draft Papers For INR 135-150 Cr IPO
Inc42
ยท
1y ago
Medial
OTT streaming platform Ullu Digital has filed draft papers for an IPO with the BSE SME to raise INR 135-150 crore. The IPO comprises a fresh issue of 62.63 lakh shares, with no offer for sale component. Ullu Digital plans to utilize the proceeds for content production, acquisition of international shows, tech investments, and working capital requirements. The company's operating revenue doubled to INR 93.1 crore in FY23, while its profits increased to INR 15.1 crore.
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JioCinema Gets 11.3 Cr Viewers On Day 1 Of IPL 2024
Inc42
ยท
1y ago
Medial
The Indian Premier League (IPL) 2024 has seen a significant increase in sponsorship deals with tech startups, with 32 startups associating with the tournament, a 68% rise from the previous year. The opening day of the IPL saw over 11.3 million viewers on Reliance-backed streaming platform JioCinema, experiencing a 51% YoY increase. JioCinema recorded 59 crore views and 660 crore minutes of watch time on the first day. The streaming platform had 18 sponsors and over 250 advertisers during the tournament. The Indian OTT streaming space is projected to reach $5.8 billion by 2029.
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General Atlantic-controlled Rubicon Research inks M&A ahead of IPO
VCCircle
ยท
7m ago
Medial
Rubicon Research Ltd, controlled by General Atlantic, is acquiring a manufacturing facility as it prepares for its initial public offering (IPO). The pharmaceutical product developer filed draft IPO documents in July 2024 and recently received regulatory approval.
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Disney Q4 profit beats estimates; to cut extra $2 billion in cost
Livemint
ยท
1y ago
Medial
Walt Disney reported better-than-expected fourth-quarter profits, driven by increased attendance at its Shanghai and Hong Kong theme parks. The company's adjusted per-share earnings of 82 cents exceeded the estimated 70 cents, while its revenue of $21.2 billion matched expectations. Disney plans to cut an additional $2 billion in expenses and is on track to achieve $7.5 billion in annualized savings. The company added almost 7 million Disney streaming subscribers, bringing its total streaming subscribers to 150.2 million. Disney's streaming business is projected to reach profitability by September 2024.
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