iWorld
Ormax Media launches annual all access plan called ‘Super Subscription’
Mumbai: Ormax Media, a media analytics company, has announced the launch of its annual all-access plan called ‘Super Subscription.’ The plan will allow Ormax Media’s business partners full access to all industry reports, data and trends. As ‘Super Subscribers,’ it will also allow them to test their scripts, shows, films and trailers at special discounted rates. Super Subscription has been launched for theatrical and streaming (OTT) categories.
The plan is available in two variants in the theatrical category: Hindi and pan-India. The Hindi plan is designed for studios and producers focusing only on the Hindi film industry, while the pan-India plan is for companies that have a multilingual presence in the theatrical business. The pan-India plan offers reports and data in ten language categories in India, namely Hindi, Hollywood, Tamil, Telugu, Kannada, Malayalam, Marathi, Punjabi, Bengali and Gujarati. In both the theatrical plans, subscribers will have access to a wide assortment of industry reports, in the areas of box office tracking & forecasting, industry sizing & profiling, marketing and consumer behaviour analytics, music & star popularity, and franchise analytics, among others.
In the streaming (OTT) category, the plan focuses on Hindi & English content, but also includes modules on Tamil and Telugu. Industry sizing & profiling reports, viewership estimates, box office analytics to aid movie acquisition for OTT, content tracking, brand tracking and franchise analytics are some of the areas in the Super Subscription plan for OTT platforms.
In all three plans, subscribers will also be able to avail themselves of Ormax Media’s content testing service, such as script, film, series, trailer or music testing, at discounted rates.
Speaking about Super Subscription, Ormax Media partner Keerat Grewal said, “Over more than 14 years now, we have focused on identifying common industry needs and creating products and tools to serve these needs. Having built sizeable industry data over more than a decade, we now feel ready to move from offering our services only a la carte, to packaging them as all access plans, whereby subscribers can benefit from the wide array of data, reports and tools we have at significantly lower prices.”
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.
