Growth forecast across India's media sector



India's film industry generated an estimated US$2.73 billion (Dh10.02bn) last year. Below is a guide to the key entertainment and media sectors.

Films

The industry remains dependent on domestic movies, which generate 70 to 80 per cent of Indian film revenue. More than 1,000 films are produced annually in more than 20 languages. In 2008, 3.3 billion tickets were sold for films screened in 10,000 cinemas. There are more than 800 multiplex screens in India, and this is estimated to grow to 1,500 in the next two to three years. In 2000, the Indian government granted industry status to the film industry and permitted foreign direct investment and ownership of up to 100 per cent in film-related entities. Various state governments have also provided entertainment tax exemptions for multiplex operators.

Television

Last year, the industry generated an estimated $5.68bn of revenue. India has 134 million households with television sets, of which 90 million are served by cable and satellite TV. As many as 500 TV channels were operating last year. The adoption of digital distribution platforms - direct-to-home and digital cable - is helping TV distribution become more organised. From about 2 million digital TV households in 2006, the platform currently caters to about 15 million to 17 million digital subscribers. Up to 100 per cent foreign direct investment and ownership of TV channels is permitted.

Radio

Last year, the industry was estimated to be worth $201m. The government-controlled All India Radio and 37 private FM radio companies that operate nearly 280 FM radio stations in India cater to this segment. After the opening up of FM radio broadcasting to private players in March 2000, the roll-out of the second phase of the FM radio licensing policy in 2005 provided a boost for the sector. In radio companies, foreign direct investment is limited to 20 per cent of a company's paid-up equity capital.

Music

The music industry generated revenue of $369m last year. Distribution via digital formats on the internet and through mobile phones is the emerging business model for music companies.

The industry is projected to grow at a compounded annual rate of 28.6 per cent up to 2014, reaching $567.6m. The key growth driver for the music industry over the next five years will be digital music. Its share of the music market is expected to move from 29 per cent last year to 75 per cent in 2014.

* source: Ernst & Young, PricewaterhouseCoopers

Company Profile
Company name: OneOrder

Started: October 2021

Founders: Tamer Amer and Karim Maurice

Based: Cairo, Egypt

Industry: technology, logistics

Investors: A15 and self-funded 

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Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

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5.30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,400m, Winner AF Makerah, Sean Kirrane, Ernst Oertel

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6.30pm: Handicap (PA) Dh90,000 1,600m, Winner AF Momtaz, Antonio Fresu, Musabah Al Muhairi

7pm: Handicap (PA) Dh80,000 2,200m, Winner Morjanah Al Reef, Brett Doyle, Abdallah Al Hammadi

7.30pm: Handicap (TB) Dh100,000 2,200m, Winner Mudarrab, Jim Crowley, Erwan Charpy

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Engine: 3.5-litre twin-turbo V6

Power: 380hp at 5,800rpm

Torque: 530Nm at 1,300-4,500rpm

Transmission: Eight-speed auto

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Fitness problems in men's tennis

Andy Murray - hip

Novak Djokovic - elbow

Roger Federer - back

Stan Wawrinka - knee

Kei Nishikori - wrist

Marin Cilic - adductor

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

Coal Black Mornings

Brett Anderson

Little Brown Book Group 

Rainbow

Kesha

(Kemosabe)

Director: Paul Weitz
Stars: Kevin Hart
3/5 stars

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Company name: Overwrite.ai

Founder: Ayman Alashkar

Started: Established in 2020

Based: Dubai International Financial Centre, Dubai

Sector: PropTech

Initial investment: Self-funded by founder

Funding stage: Seed funding, in talks with angel investors

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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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The specs

AT4 Ultimate, as tested

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The specs
 
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Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
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Price: From Dh330,000 (estimate)
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Name: Fareed Lafta

Age: 40

From: Baghdad, Iraq

Mission: Promote world peace

Favourite poet: Al Mutanabbi

Role models: His parents 

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
World Test Championship table

1 India 71 per cent

2 New Zealand 70 per cent

3 Australia 69.2 per cent

4 England 64.1 per cent

5 Pakistan 43.3 per cent

6 West Indies 33.3 per cent

7 South Africa 30 per cent

8 Sri Lanka 16.7 per cent

9 Bangladesh 0

MATCH INFO

France 3
Umtiti (8'), Griezmann (29' pen), Dembele (63')

Italy 1
Bonucci (36')