iWorld
Trai extends deadline for NTO 2.0 implementation to 1 April 2022
Mumbai: The Telecom Regulatory Authority of India (Trai) has extended the deadline for implementation of the new tariff order (NTO) 2.0 to 1 April 2022. The previous deadline was 1 December.
Broadcasters will have to publish new reference interconnection offers (RIOs) to Trai by 31 December and simultaneously publish the required information about channel and bouquet offerings and their MRPs on their websites. The broadcasters who have already submitted their RIOs in compliance with NTO 2.0 can revise their RIOs by 31 December.
The deadline was extended as Trai received representations from many service providers and their associations such as broadcasters, DTH operators, MSOs and DPOs, according to a report by ET. The authority, after considering the concerns expressed by various stakeholders and especially with respect to time frame for migration of subscribers and taking their choice, is of the view that paucity of time should not come in the way of implementation of the new regulatory framework 2020 in seeking informed choices of more than 150 million pay TV consumers.
DPOs will have to obtain an option for subscription of new bouquets or channels from the subscribers in compliance with the provisions of NTO 2.0 from 1 February 2022 to 31 March 2022.
DPOs will have to report the distributor retail price (DRP) of pay channels, composition of bouquet of pay channels/free-to-air channels and DRPs of bouquets of pay channels by 31 January 2022 besides simultaneously publishing the information on their websites.
In June, the Bombay high court in its judgement upheld the NTO 2.0 order by Trai barring the second proviso of the twin conditions. The provision states that a-la-carte rates of pay channels shall not exceed more than three times the average rate of a pay channel of the bouquet of which such pay channel is part. TV broadcasters under the aegis of Indian Broadcasting Digital Foundation (IBDF) had moved to Bombay HC in January challenging the Trai order.
After the Bombay HC pronounced its judgement, broadcasters escalated the matter to the Supreme Court. The final SC hearing is scheduled on 30 November. Meanwhile, Trai directed broadcasters to comply with the Bombay HC judgement and publish new prices of their pay channels and bouquets that comply with the tariff order.
Leading broadcasters including Zee Entertainment Enterprises, Star and Disney India, Sony Pictures Networks India, Network18 Broadcast, Sun TV Network, Discovery Communications and WarnerMedia have published their RIOs effective from 1 December. As per NTO 2.0 provisions, Trai mandated a price cap of Rs 12 on pay channels to be included in a bouquet. To comply with this provision, major broadcasters pulled their popular channels from bouquets but also hiked the prices of these channels.
iWorld
Netflix cuts jobs in product division amid restructuring
Layoffs hit creative studio unit as leadership and strategy shifts unfold.
MUMBAI: The streaming wars may be fought on screen, but the latest plot twist is unfolding behind the scenes. Netflix has reportedly begun laying off several dozen employees from its product division as part of an internal reorganisation, according to a report by Variety. The cuts are believed to have primarily affected the company’s creative studio unit, which works on marketing assets such as in app trailers, promotional visuals and live experience content for the streaming platform.
The company has not disclosed the exact number of employees impacted.
According to the report, the layoffs were not tied to employee performance. Instead, the restructuring eliminated certain roles while other employees were reassigned to different teams within the organisation.
The roles affected are understood to include designers, producers and creative specialists responsible for marketing and brand experience initiatives.
The job cuts come as Netflix adjusts its leadership structure and reshapes its product and creative teams. Last month, Elizabeth Stone was promoted from chief technology officer to chief product and technology officer, giving her oversight of product, engineering and data operations across the company.
Earlier, in December 2025, Netflix also appointed Martin Rose as head of creative for global brand and partnerships, a move seen as part of a broader restructuring of the company’s brand and product functions.
Despite the layoffs, Netflix remains one of the largest employers in the streaming sector. The company is estimated to employ around 16,000 people globally, with roughly 70 percent of its workforce based in the United States and Canada. In 2023, the company reported approximately 13,000 employees, indicating that its headcount had grown significantly before the latest restructuring.
The workforce changes arrive at a time when Netflix is navigating a shifting financial and strategic landscape in the global entertainment industry.
The streaming giant recently secured $2.8 billion in additional cash after receiving a breakup fee from Paramount Skydance following its withdrawal from a deal involving Warner Bros. Discovery.
Speaking to Bloomberg, Netflix co chief executive Ted Sarandos explained that the company had evaluated multiple scenarios during the negotiations but chose not to match the competing offer once it learned that a higher bid had been submitted.
Netflix had capped its offer at $27.75 per share and ultimately stepped back rather than pursue Paramount’s $111 billion acquisition deal, which included a personal guarantee.
Sarandos also cautioned that the financing structure behind the Paramount Skydance transaction could have ripple effects across the entertainment industry.
According to him, the debt heavy deal could trigger significant cost cutting, with David Ellison, chief executive of Paramount Skydance, expected to eliminate about $16 billion in costs and potentially cut thousands of jobs as part of the integration process.
For Netflix, the current restructuring appears to be part of a broader attempt to streamline operations while continuing to invest in product, technology and global content even as the streaming industry enters a new phase of consolidation and financial discipline.
