iWorld
5G to challenge 4G services: Jio President
MUMBAI: With time, third generation services (3G) were replaced by fourth generation services (4G) and Reliance Jio played a vital role in the transforming phase. And once again India’s youngest telecom company is eager to quickly roll out the ultra-fast fifth generation services (5G).
While speaking to the Economic Times, Jio president Mathew Oommen spoke about the challenges which 4G will face after the deployment of 5G.
Oommen explained, “Once 5G digital services arrive, business will be based on the actual value that the telcos offer a consumer in terms of digital solutions, content, and services.”
He briefed about traditional pricing models being revamped, “4G will be challenged by the imminent wave of 5G services that will no longer be charged based on minutes, bits or bytes anymore.” Rather telcos would adapt to a new pricing mechanism which would look to measure the “overall revenue per subscriber” for a combination of digital services.
With that being said, Jio believes that it’s high time for telcos to “either disrupt the marketplace or face disruption”.
Oommen stated that “normalcy would soon get restored” in the telecom sector as once the telcos catch up with the technological advancement which will only increase usage that would drive compensation from newer services.
The 5G spectrum allocations will take place by the second half of 2019 according to the government. Jio Chairman Mukesh Ambani recently had said that India would be ready for 5G services by 2020. Jio has indicated its eagerness to roll out 5G services as it seeks an early auction of 5G airwaves, whereas Bharti Airtel and Vodafone Idea want the auction dates to be pushed back to late-2019 and 2020, respectively.
iWorld
Epic Company launches unified Epic Studio for films and OTT
Vivek Krishnani to head films business; Samar Khan leads OTT & Television.
MUMBAI: Epic just merged its creative superheroes under one cape because when films and OTT need to fight for attention together, you don’t keep them in separate universes. The Epic Company has launched Epic Studio, a next-generation creative and production powerhouse that unites Juggernaut Productions and Movieverse Studio under a single banner. The move creates a streamlined, scalable platform for premium storytelling across theatrical films, OTT originals, television, digital-first formats and branded content.
Vivek Krishnani has been appointed chief executive officer, Epic Studio (Films), overseeing the theatrical and film business with a focus on culturally resonant narratives across Hindi, Telugu, Tamil, Gujarati and Malayalam cinema. Samar Khan continues as chief executive officer, Epic Studio (OTT & Television) and retains his role as chief content officer for Docubay and Epic On.
The Epic Company managing director Aditya Pittie said, “Epic Studio brings together our entire creative ecosystem under one unified studio vision. This is not just an integration of verticals, but the creation of a collaborative environment where writers, filmmakers, creators, and brand partners can seamlessly develop and scale stories across formats and screens.”
Vivek Krishnani added, “We are building an audience-focused mainstream film studio committed to delivering fresh, engaging, and innovative stories for both theatrical and streaming platforms.”
Samar Khan commented, “This alignment allows us to approach storytelling with a unified studio mindset. We are building IP under one creative umbrella, with scale and longevity in mind from inception.”
The unified structure eliminates silos, enabling ideas to flow fluidly from concept to screen while adapting to evolving audience behaviour. Epic Studio positions itself as a creator-led ecosystem championing purposeful, resonant storytelling with commercial strength.
In an entertainment landscape where stories now leap between screens faster than plot twists, Epic isn’t just building a studio, it’s crafting a single launchpad where every tale gets the best shot at soaring across every platform.
