iWorld
OTTplay Premium onboards FanCode to bring best of sports for its users
Mumbai: OTTplay Premium, India’s first AI-powered OTT subscription, recommendation and content discovery platform, has announced its seventeenth OTT partner – FanCode. FanCode is India’s premier sports destination committed to giving fans a highly personalised experience across different sports in international and domestic competitions.
OTTplay Premium, in collaboration with FanCode, intends to cater to sports enthusiasts by offering interactive live streaming, fast interactive live match scores, in-depth live commentary, fantasy sports data and statistics (Fantasy Research Hub), expert fantasy tips, sports updates, and much more.
Commenting on the collaboration, OTTplay CEO & co-founder Avinash Mudaliar said, “We are pleased to announce the addition of FanCode to the OTTplay portfolio. Sports is one of the world’s fastest-growing forms of entertainment, with the Indian sports streaming industry estimated to reach $3.6 billion by 2024, rising at a CAGR of 23.3 per cent between 2019 and 2024. While sports on OTT platforms is still a fairly new phenomenon, it has already demonstrated significant development in terms of revenue creation and audience engagement.”
“Adding FanCode to our offering would empower OTTplay to interact with our target audience in a more immersive manner. With the addition of this sports platform, we are now better positioned to meet the needs of our ever-growing and increasingly diverse customer base. This move will allow us to provide our customers with an even more comprehensive range of sports content and services, making OTTplay an attractive option for sports fanatics around the world,” he further added.
OTTplay premium CBO Inderpreet Singh said, “We have been working ceaselessly to set the framework for such exciting partnerships, while also providing our viewers with the greatest possible experience. We are now bringing sports to the masses, which is a huge step forward for us. We hope to break the mold and broaden the reach of sports through this collaboration by providing live streaming & live scores. The collaboration would also enable us to connect with sports enthusiasts across India.”
FanCode co-founder Yannick Colaco said, “We are delighted to be partnering with OTTplay in offering FanCode on their platform. This partnership will help us continue to drive to our goal of providing sports fans access to great sporting events from India and across the world.”
OTTplay Premium provides a range of OTT platforms, such as Sony Liv, Zee 5, Lionsgate Play, SunNxt, Hallmark Movies Now to name a few. In addition to FanCode, users can get access to 16 additional OTT platforms through OTTplay Premium subscription. The subscription would enable viewers to stream content directly on the platform – thus offering a one-stop OTT destination.
The OTTplay premium AI powered recommendation engine monitors and analyses user activity on the platform, then displays tailored suggestions based on user preferences. Through its catalogue pages, users can easily determine where & what content to consume of their interest.
OTTplay evolved from a content discovery engine that curates content from more than 60 Indian and worldwide OTT to a streaming platform that allows consumers to enjoy their favorite content across 16 OTT platforms with a single subscription. The premium membership site, OTTplay premium, which offers 20,000+ titles, web series, and movies from 17 different OTT at an affordable price, certainly lives up to their claim Mazey karo multiply.
iWorld
Meta plans 8,000 layoffs in new AI-led restructuring wave
First phase from May 20 may cut 10 per cent workforce amid AI pivot.
MUMBAI: At Meta, the future may be artificial but the cuts are very real. The social media giant is reportedly preparing a fresh round of layoffs, with an initial wave expected to impact around 8,000 employees as it doubles down on its artificial intelligence ambitions. According to a Reuters report, the first phase of job cuts is slated to begin on May 20, targeting roughly 10 per cent of Meta’s global workforce. With nearly 79,000 employees on its rolls as of December 31, the move marks one of the company’s most significant workforce reductions in recent years.
And this may only be the beginning. Sources indicate that additional layoffs are being planned for the second half of the year, although the scale and timing remain fluid, likely to be shaped by how Meta’s AI capabilities evolve in the coming months. Earlier reports had suggested that total cuts in 2026 could reach 20 per cent or more of its workforce.
The restructuring comes as chief executive Mark Zuckerberg continues to steer the company towards an AI-first operating model, committing hundreds of billions of dollars to the transition. Internally, this shift is already visible: teams within Reality Labs have been reorganised, engineers have been moved into a newly formed Applied AI unit, and a Meta Small Business division has been created to align with broader structural changes.
The trend is hardly isolated. Across the tech sector, companies are trimming headcount while investing aggressively in automation. Amazon, for instance, has reportedly cut around 30,000 corporate roles nearly 10 per cent of its white-collar workforce citing efficiency gains driven by AI. Data from Layoffs.fyi shows over 73,000 tech employees have already lost jobs this year, compared with 153,000 in all of 2024.
For Meta, the move echoes its earlier “year of efficiency” in 2022–23, when about 21,000 roles were eliminated amid slowing growth and market pressures. This time, however, the backdrop is different. The company is financially stronger, generating over $200 billion in revenue and $60 billion in profit last year, with shares up 3.68 per cent year-to-date though still below last summer’s peak.
That contrast underlines the shift underway. These layoffs are less about survival and more about reinvention. As Meta restructures itself around AI from autonomous coding agents to advanced machine learning systems, the question is no longer whether the company will change, but how many roles will be left unchanged when it does.
