Indian Digital Media Grew 17% To $9.4BN In 2024, Overtaking TV For First Time – FICCI-EY Report

BIZ-MEDIA & ENTERTAINMENT Digital Media Overtakes TV in 2024, Contributes 32 Pc to Overall Revenue: FICCI-EY Report

Get latest articles and stories on Latest News at LatestLY. Digital media in India has overtaken traditional television in 2024, becoming the largest segment in the media & entertainment (M&E) sector, contributing an unprecedented 32 per cent to the overall revenues, according to the latest FICCI-EY report. Latest News | BIZ-MEDIA & ENTERTAINMENT Digital Media Overtakes TV in 2024, Contributes 32 Pc to Overall Revenue: FICCI-EY Report.

Indian Digital Media Grew 17% To $9.4BN In 2024, Overtaking TV For First Time – FICCI-EY Report

Revenues from India’s digital media sector surpassed television income for the first time in 2024, according to the latest FICCI-EY annual report, growing 17% to reach $9.35BN (INR802BN) and contributing 32% to the overall pie.  Meanwhile, revenues from television, which has been the biggest sector for 20 years, declined 4.5% to $7.9BN (INR679BN). Linear TV […]

Digital media overtakes television as India's largest media segment: FICCI-EY report

New Delhi, March 29: The new media landscape in India is expanding rapidly, driven by increased internet penetration, affordability, and the rising aspirations of its citizens. According to a joint report by the industry body FICCI and consultancy firm EY, new media—which includes digital platforms and online gaming—will account for 46% of the media and entertainment sector's revenue by 2027. Meanwhile, traditional media (TV, print, film, radio,…

Fewer buyers will lead to a reduction in the overall demand for content in 2025: Ficci EY Report

MUMBAI: In a survey done by Ficci and EY for the Ficci EY Report respondents agreed that fewer buyers will lead to a reduction in the overall demand for content in 2025. Respondents agreed that the number of films released directly on digital platforms will decrease in 2025. Respondents agreed that the TV++ cost model (for a large number of episodes) will emerge as a viable alternate content model for OTT Respondents agreed that the demand for r…

FICCI EY Report 2025: Indian animation sector sees 19 per cent decline

The latest FICCI-EY report titled, “Shape the future: Indian media and entertainment is scripting a new story” has revealed that digital media in India has overtaken television to become the… The post FICCI EY Report 2025: Indian animation sector sees 19 per cent decline appeared first on .

EY report warns of 11% decline in India’s digital music market

How is India’s music-streaming growth coming along? Not well according to the latest report from research firm EY. The post is from Music Ally.