GECs
Maharashtra govt. waives entertainment tax on new multiplexes as sop to exhibitors
The two-day Entermedia 2001 conference was flagged off today in Mumbai by chief minister of Maharashtra Vilasrao Deshmukh who announced that the state government would not levy entertainment tax on new multiplexes that came up in Maharashtra for the first three years of their operations. Further, 75 per cent of the entertainment tax for the next two years would be waived, Deshmukh said.
Among the issues that were covered during the first day’s session were – future opportunities for cinema in India; television broadcasting and distribution; the new age of radio; Internet and broadband and financing in the entertainment industry.
CINEMA: The key issue that was exercising the panel was the rampant piracy witnessed in India. The matter spilled over into the next session on television broadcasting when filmstar-producer Aamir Khan said big MSOs were in fact encouraging cable piracy by refusing to clamp down on erring suboperators. The incentives announced by the government for multiplexes led to complaints from single screen theatre owners that they should also be given some benefits.
FM RADIO: The main conclusions that came out of the discussion was that government policies and regulation mean that investments into FM radio, unlike the case abroad, are substantial. The conclusion was that only a few players with extremely deep pockets would be survive at the end of the day. A hurdle to the rollout of a range of FM services is the legislation that states that one company can only own one frequency per city.
On the plus side, the panelists agreed that FM radio was a market opportunity waiting to be exploited. Globally, ad spend on radio has grown twice as fast as television. Further abroad radio attracted 10-12 per cent of ad spend while in India, of a total ad spend of Rs 50,000 million only 2 per cent or 1000 million was the spend on radio.
The key advantages of radio are that it is seen as local / city-centric / dynamic.
And the content driver for FM at least in the initial phases? Music.
BROADBAND: The conclusion Broadband is a long way off in India for certain as some statistics show. If movies are to be shown over the Internet a download speed of a minimum of 400 kbps is required. The reality. The national average of connectivity is 1 kbps. And the television / PC ratio – 40:1.
What is a practical possibility is that digital integration across government, corporate, media and entertainment sectors.
FINANCING: The focus was on corporate financing in the film industry. And the conclusion. There was no way that financial institutions could finance films unless corporate structures were put in place. Consolidate or perish is the hard reality that merchant bankers offer budding filmmakers.
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
