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The Big Shift: Where is digital taking the M&E industry?

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NEW DELHI/MUMBAI: It’s a rainy afternoon in Delhi and 48-year-old homemaker Sunita is looking for recipes for fritters on YouTube on a smartphone she was recently gifted by her husband. She has made fritters a thousand times in her life and she knows the recipe to it by heart, but she likes to watch chefs online to “learn new tricks” for perfecting her already excellent culinary skills. Sometimes, she plugs in the firestick on her smart TV and scrolls through Amazon Prime and Netflix for old movies. Even her evening TV watching has shifted to apps like Hotstar and Voot, which she is still learning to use properly but nevertheless enjoys the ad-free entertainment on demand. 

This is not just the story of Sunita, but a whole lot of other people from all age groups and interests. Her husband prefers watching news online rather than switching on the TV channels as it is more comfortable to watch it on his phone, though without earplugs. Their three-year-old grandson is learning his ABCs on yet another mobile app and doesn’t miss his Peppa Pig sessions every evening. And as the never-ending lockdown imposes its dark shadow on his probability to attend physical classes like his parents or grandparents, there are investments being made into paid subscriptions of many educational apps and sites, along with other digital tools. 

Digital, as we know, is dominating all aspects of our lives. From grocery shopping to learning, to working out, to dating; everything has found a digital counterpart and in many cases a competition. 

The media and entertainment industry is also not untouched from this trend. As per PwC Global Entertainment and Media Outlook 2019-2023, digital revenues are accounting for a larger share of the industry’s total revenue, year-on-year, starting at 40.7 per cent in 2014 and reaching 55.4 per cent in 2019. It is expected to reach 61.6 per cent in 2023. 

India is not far behind from the global trends. In fact, it is one of the top markets to embrace this digital boom. As per EY-FICCI report 2020, digital media overtook filmed entertainment in 2019 to become the third-largest segment of the M&E sector. Digital media grew 31 per cent to reach Rs 221 billion and is expected to grow at 23 per cent CAGR to reach Rs 414 billion by 2022. 

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“Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24 per cent of total advertising spend. The sector continues to grow at a rate faster than the GDP, driven primarily by growth in subscription-based business models and India’s attractiveness as a content production and post-production destination,” read the report. 

The same report suggests that OTT subscription market will approximate 10 per cent of the total TV subscription market by 2020 and there will be over 40 million connected TVs by 2025. And while there is no concrete comparative data to see the growth of digital in comparison to traditional forms of media, there have been many agencies and people claiming that Covid2019 has only accelerated this process. Several reports by bodies like BARC, Nielsen and Kantar have hinted at the increased time spent on digital platforms during the lockdown. 

So, is this big shift to digital indicating a slow demise of traditional media?

Swastik Productions MD Rahul Kumar Tewary notes that while digital media has gained traction during the past few months, there is not going to be a takeover of the market space that television enjoys by it. Both the mediums may overlap to a certain extent, but in the end, these are two different market segments. 

“I believe digital is growing but TV will remain the same. I don’t think there will be too much of an impact on TV programming. There is a certain age group of consumers for the digital content; there is a trend that the youth of India is moving towards the digital side,” he shares. 

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Locomotive Global co-founder Sunder Aaron adds, “We will come out of this pandemic at some time and the domination of pay television and the advertisement on pay TV will continue. But it will have a new balance with digital media and digital delivery of content. We still are a country where there is low penetration for digital consumption. Mobile consumption is actually high but if you look at wirelines into households, it’s still very low as compared to the rest of the world. Hopefully, we will see an increase in the wireline broadband penetration over several years and that will be a big game-changer for digital delivery and digital content consumption.” 

But are there enough rigid lines between TV and digital anymore? Once, during an interview, someone had asked to define television and the gentleman then went on to elaborate that television is more than the idiot box we knew a few years back. It has camouflaged in a ‘smart box’ now, which also hosts traditional entertainment as well as the modern digital options. It also enables personal chatting and social media apps on the big screen and has a far bigger role to play as a shared screen as well.  

And definitely, no one can deny the part of digital technologies in keeping this traditional form of entertainment up. In the past few years, almost all the big GECs and news channels have launched their own apps to keep pace with the digital age. Be it Hotstar, Sony Liv, Voot, or Zee5, all these applications first started as an inventory of television shows and then went on to host original content as well. 

All the major telecom players are a part of the revolution as they were in the DTH era. With Airtel launching its own entertainment app and partnering with other OTTs to offer its consumers exclusive access to content, Idea offering live channels on its movies and TV apps and the very popular and Jio announcement Jio TV+ aggregating TV as well as OTT content, digital dominance seems to stay here. Even on the regulators’ side, TRAI recently launched a channel selection app to facilitate easy subscription modifications for users. 

Digital technology is now everywhere and that’s what made it possible for the world to continue running even during the strictest of lockdowns for the past few months. 

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One of the biggest industries to benefit from it has been the online news industry. In an earlier story , Indiantelevision.com wrote on the movement of mainstream journalists like Vikram Chandra and Faye D’Souza to digital content curation. It showed how the democratic environment that digital offers as a medium allows journalists to be more true and free to express themselves. The added technological features and better reach are cherries on the top. 

While Chandra admitted of being heavily reliant on AI-based execution of his editorial functions and being in advanced-level talks with some of the OTT players to push his content, Pankaj Pachauri said, “GoNews has been successfully able to converge satellite TV technology with digital technology as our product can be uplinked on any satellite channel digitally for broadcast. We have tried and tested this technology during the last general elections with APN news for its prime time broadcast,” highlighting the vast roles digital technologies are playing there. 

All this, undoubtedly, has opened up the gates to great opportunities for digital marketers. Most of the functions of an agency have turned data-driven and are claiming to provide a never-attained-before hyper-targeted reach to advertisers. 

Digitalkites sr. VP Amit Lall, a few weeks back, discussed s the ability of marketers to follow a consumer’s journey not just across platforms but also devices to provide them with a seamless experience and help advertisers understand user behaviour better. 

Madison Media & OOH group CEO told Indiantelevision.com on Media Minds 2 that the entire digital renaissance has been a big part of his successful five-year-long journey at the agency, thus far. He shared that the share of digital in agency billings has increased from two to three per cent to 20-22 per cent in this time. 

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And this digital intervention is not only helping the programmatic, SEO, search, social and other digital aspects of marketing but also helping traditional options to be more targeted and improved. The whole lot of data collection that is done via digital media is used to chart out trajectories for mainline campaigns. 

Additionally, the oldest mainline medium of traditional advertising, out-of-home (OOH), has begun its digital journey, again pushed by the Covid2019 lockdown. 

Eyetalk Media Ventures MD Gautam Bhirani says, “Fuelled by technological advancements as more devices connect with the power of internet-of-things, location-based mobile data can bridge the gap between digital-physical worlds and converging them can give us holistic consumer insights. As we adapt to the pandemic induced lifestyle changes often termed as ‘The New Normal’, it is constantly impacting consumer behaviour, sentiment and journey which makes it imperative for us to learn and integrate these learnings in OOH planning. Detailed analysis of mobile data that determine brand affinity, interests, preferences, income size, gender, commute patterns, dwell time in the online and offline world can help identify locations for OOH placement and mobile device IDs can be used to retarget the consumer.” 

Laqshya Media Group CEO Atul Shrivastava adds his own experience, “Our transformation from an OOH to a multi-media conglomerate has followed a carefully coordinated strategy of delivering the most optimised consumer-contact solution to our clients by combining digital, OOH and experiential. In order to make our OOH and experiential offerings more interactive, we added a digital marketing company to our network, which gives us the bandwidth to offer our clients an unbeatable offline-online combination.” 

Digital dominance is clearly shaping up a distinct world, dominating the media and entertainment industry. While there are high chances that traditional platforms will survive this big shift, one can look forward to redefined versions of televisions and newspapers. 

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(With inputs from Anjali Thakur and Shikha Singh) 
 

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Netflix India names Rekha Rane director of films and series marketing

Streaming giant bets on a seasoned marketer who helped build Amazon and Netflix into household names

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MUMBAI: Netflix has put a proven brand builder at the helm of its films and series marketing in India, naming Rekha Rane as director in a move that signals sharper focus on audience growth and cultural cut-through in one of its most hotly contested markets.

Rane steps into the role after seven years at Netflix, where she has quietly shaped how the platform sells stories to India. Her latest promotion, effective February 2026, crowns a run that spans brand, slate and product marketing across originals, licensed content and new verticals such as games.

A strategic marketing and communications professional with roughly 15 years’ experience, Rane has spent much of her career building technology-led consumer businesses and new categories, notably e-commerce and subscription video on demand. She was part of the early push that introduced Amazon.in, Prime Video and Netflix to Indian homes, then helped turn them into everyday brands.

At Netflix, she most recently served as head of brand and slate marketing for India from March 2024 to February 2026, leading teams across media and marketing for global and local content portfolios. Before that, as manager for original films and series marketing, she led IP creation and go-to-market strategy for titles including Guns and Gulaabs, Kaala Paani, The Railway Men* and The Great Indian Kapil Show, spanning both binge and weekly-release formats.

Her earlier Netflix roles covered product discovery and promotion in India and integrated campaign strategy to drive conversations around the content slate, product awareness and brand-equity metrics.

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Before Netflix, Rane logged more than three years at Amazon in brand marketing roles in Bengaluru. There she handled national and regional campaigns for Amazon.in, worked on customer assistance programmes in growth geographies and contributed to the go-to-market strategy for the launch of Prime Video India.

Her career began well away from streaming. At Reliance Brands in Mumbai, she worked on retail marketing for Diesel and Superdry. A stint at Leo Burnett saw her work on primary research for P&G Tide, mapping Indian shoppers’ paths to purchase. Earlier still, at Orange in the United Kingdom, she rose from sales assistant to store manager, running a team and owning monthly P&L for a retail outlet.

The arc is telling. As global streamers fight for attention in a crowded Indian market, executives who understand both mass retail behaviour and digital habit-building are prized. Rane’s career sits at that intersection.

For Netflix, the bet is simple: in a market spoilt for choice, sharp marketing can still tilt the screen. And with Rane now leading the charge, the streamer is signalling it wants not just viewers, but fandom.

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Orient Beverages pops the fizz with steady Q3 gains and rising profits

Kolkata-based beverage maker reports stronger revenues and profits for December quarter.

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MUMBAI: A fizzy quarter with a steady aftertaste that’s how Orient Beverages Limited, the company that manufactures and distributes packaged drinking water under the brand name Bisleri closed the December 2025 period, as the Kolkata-based drinks maker reported improved revenues and a healthy rise in profits, signalling operational stability in a competitive beverage market.

For the quarter ended December 31, 2025, Orient Beverages posted standalone revenue from operations of Rs 39.98 crore, up from Rs 36.42 crore in the previous quarter and Rs 33.53 crore in the same quarter last year. Total income for the quarter stood at Rs 42.24 crore, reflecting consistent demand and stable pricing across its beverage portfolio.

Profit before tax for the quarter came in at Rs 3.47 crore, a sharp improvement from Rs 1.31 crore in the September quarter and Rs 0.39 crore a year ago. After accounting for tax expenses of Rs 0.79 crore, the company reported a net profit of Rs 2.68 crore, nearly three times the Rs 0.99 crore recorded in the preceding quarter.

On a nine-month basis, the momentum remained intact. Revenue from operations for the period ended December 31, 2025 rose to Rs 117.66 crore, compared with Rs 106.95 crore in the corresponding period last year. Net profit for the nine months climbed to Rs 5.51 crore, more than double the Rs 2.18 crore reported in the same period of the previous financial year.

The consolidated numbers told a similar story. For the December quarter, consolidated revenue from operations stood at Rs 45.06 crore, while profit after tax came in at Rs 2.06 crore. For the nine-month period, consolidated revenue touched Rs 133.57 crore, with net profit of Rs 4.49 crore, underscoring the group’s improving profitability trajectory.

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Operating expenses remained largely controlled, with cost of materials, employee benefits and other expenses broadly aligned with revenue growth. The company continued to operate within a single reportable segment beverages simplifying its cost structure and reporting framework.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 7 February 2026. Statutory auditors carried out a limited review and reported no material misstatements in the results.

In a market where margins are often squeezed by input costs and competition, Orient Beverages’ latest numbers suggest the company has found a reliable rhythm not explosive, but steady enough to keep the fizz alive.

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Washington Post CEO exits abruptly after newsroom cuts spark backlash

Leadership change follows layoffs, protests and a bruising battle over trust.

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MUMBAI: When the presses are rolling but patience runs out, even the editor’s chair isn’t safe. The Washington Post announced on Saturday that its chief executive and publisher Will Lewis is stepping down with immediate effect, bringing a sudden end to a turbulent two-year tenure marked by financial strain, newsroom unrest and public backlash.

Lewis’s exit comes just days after the Bezos-owned newspaper announced sweeping job cuts that triggered protests outside its Washington headquarters and a wave of anger from readers and staff. While newspapers across the US are grappling with shrinking revenues and digital disruption, Lewis’s leadership had increasingly come under fire for how those pressures were handled.

The Post confirmed that Jeff D’Onofrio, a former Tumblr CEO who joined the organisation last year as chief financial officer, has taken over as CEO and publisher, effective immediately. In an email to staff, later shared by reporters on social media, Lewis said it was “the right time for me to step aside.”

The leadership change follows the announcement of large-scale redundancies earlier this week. While the Post did not officially confirm numbers, The New York Times reported that around 300 of the paper’s roughly 800 journalists were laid off. Entire teams were dismantled, including the Post’s Middle East bureau and its Kyiv-based correspondent covering the war in Ukraine.

Sports, graphics and local reporting were sharply reduced, and the paper’s daily podcast, Post Reports, was suspended. On Thursday, hundreds of journalists and supporters gathered outside the Post’s downtown office in protest, calling the cuts a blow to public-interest journalism.

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Former executive editor Marty Baron described the moment as “among the darkest days in the history of one of the world’s greatest news organisations.”

Lewis defended his record in his farewell note, saying “difficult decisions” were taken to secure the paper’s long-term future and protect its ability to publish “high-quality nonpartisan news”. But his tenure coincided with growing scrutiny of editorial independence at the Post.

Owner Jeff Bezos faced criticism for reining in the paper’s traditionally liberal editorial page and blocking an endorsement of Democratic presidential candidate Kamala Harris ahead of the 2024 US election. The move was widely seen as breaking the long-standing firewall between ownership and editorial decision-making.

According to a Wall Street Journal report, around 250,000 digital subscribers cancelled their subscriptions after the paper declined to endorse Harris. The Post reportedly lost about $100 million in 2024 as advertising and subscription revenues slid.

While the wider newspaper industry continues to battle declining print advertising and the pull of social media, some national titles have stabilised. Rivals such as The Wall Street Journal and The New York Times have managed to build sustainable digital businesses, a turnaround that has so far eluded the Post despite its billionaire backing.

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As Jeff D’Onofrio steps into the role, the challenge is stark, restore confidence inside the newsroom, win back readers who walked away, and prove that one of America’s most storied newspapers can still find its footing in a brutally competitive media landscape.

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