SPN will pay a month’s salary to each of the daily wage earners working on shows of the network and support with a month’s supply of groceries for 50,000 daily wage earners of the M&E industry.
Times Network’s news channels – Times Now, ET Now and Mirror Now – have recorded a whopping 167% increase in consumption, while its English Entertainment channels (Movies Now, Romedy Now, MNX) have registered 24% jump in the week ended March 27th.The total TV consumption, meanwhile, surged by 37% in the same week, compared to pre-Covid19 period.
Launched by John Hendricks, the founder of Discovery Channel, CuriosityStream lets viewers explore their passions and discover new ones thousands of films and series covering space, art, volcanoes, history, travel, cars, architecture, dinosaurs and more. The CuriosityStream TV channel on Airtel Digital TV will showcase exclusive originals, series and features.
While the increase in time spent is almost same in metros (11%), mini metros (15%) and tier II cities (12%), tier I cities witnessed 8% increase. Among the different age groups, the 35-44 year olds have shown maximum increase of 18%, followed by 15-24 year olds (12%) and 25-34 year olds (9%).
Top broadcasters, media buyers and advertisers ET spoke with, feel that if the situation doesn’t improve by end of April, the TV industry will end up with a 30-40% drop in ad revenues in April and May. Experts say that while March is usually a slower month for advertising, many top spending categories spend heavily during these two moths on IPL and the summer season.
TikTok said that as a responsible organisation, committed to the safety and security of citizens in India, it is open to extending further support by way of additional donations in the coming time.
“Different scenarios are being worked upon, but there is nothing to talk as of now. We are in a wait and catch mode,” said a BCCI official on condition of anonymity. The board is hopeful of a window later this year. Calls to BCCI president Sourav Ganguly did not elicit any response till press time.
As part of the deal, SPN will have the rights to air RAW, SmackDown, NXT, as well as WWE pay-per-view specials, live on its sports and digital platforms. The partnership will also provide SPN the rights to WWE Network, which hosts thousands of hours of content to be made available to audiences in India exclusively through SonyLIV, SPN’s video streaming service.
Hotstar paid subscribers will get access to Disney+ content - new VIP subscription at Rs 399 and Premium at Rs 1,499.
Sources across cinema chains have confirmed to ET that they had individually written to the landlords and mall owners seeking waiver of rent under the ‘force majeure’ clause of their contracts. The clause excuses companies from meeting some obligations in case of certain unusual circumstances.
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