Press Room

Elon Musk, CEO of Tesla and the world’s richest man, has launched X TV, a new feature within the X app (formerly Twitter) that aims to rival major streaming platforms. Announced on September 3, 2024, X TV offers users...

Ofcom, the UK communications regulator, has unveiled the findings of a 14-month project aimed at enhancing media literacy across various demographic groups in the United Kingdom. The project, launched in December 2022, saw 13 organizations testing innovative approaches to...

The Asia Video Industry Association (AVIA), in collaboration with the Korean Creative Content Agency (KOCCA), successfully held the Korea in View @BCWW event in Seoul on August 29, emphasizing Korea's pivotal role in shaping the future of streaming in...

Tata Play has launched Anime Local, a new destination catering to anime lovers in India, offering popular shows in three regional languages. The platform will feature four beloved anime series — Naruto, Naruto Shippuden, KochiKame, and Ninjaboy Rantaro —...

In a fresh legal controversy, Indian news agency ANI has filed a lawsuit against Netflix Inc. and the producers of the series IC-814: The Kandahar Hijack. The six-episode series, a dramatized account of the 1999 hijacking of Indian Airlines...

Zepto, a prominent quick-commerce startup, has enlisted Axis Capital, Goldman Sachs, and Morgan Stanley as advisors for its anticipated initial public offering (IPO), slated for the second half of fiscal year 2025. According to sources cited by Moneycontrol, the...

Nautical Wings Aerospace, a key player in electric propulsion technology for the aviation industry, has raised a pre-Series A funding round from investors Venture Catalysts and 1Crowd. While the specific investment amount remains undisclosed, the company plans to leverage...

BYJU’S, the Indian edtech giant, is currently facing insolvency proceedings with claims totaling over INR 13,027 crore. These claims have been submitted by 1,887 creditors, with many still under review. The largest portion of these claims, approximately 88%, comes...

Beauty and fashion retailer Nykaa has filed a lawsuit against its former Chief Business Officer (CBO), Gopal Asthana, accusing him of breach of confidentiality, misappropriation of proprietary data, and efforts to harm the company's business interests. The legal action...

Prasar Bharati, India's public broadcaster, is expected to launch its long-awaited OTT platform around mid-September, specifically on September 15, as reported by Storyboard18.com. This launch will take place amidst growing concerns raised by key players in the Indian media...