With a view to promote and facilitate film shootings by foreign film makers in India, Film Facilitation Office (FFO) under the aegis of National Film Development Corporation (NFDC) has been set up to allow single window clearances. FFO Units are located within the NDFC premises at Mumbai, Delhi, Chennai and Kolkata.
The global entertainer
India has a large broadcasting and distribution sector, comprising approximately 900 satellite TV channels, 6000 multi-system operators, around 60,000 local cable operators, 7 DTH operators and few IPTV service providers.India has 110,851 registered publications (newspapers and periodicals), close to 2,000 multiplexes and close to 300 mn Internet users – second largest base after China, and is expected to reach out to 640 mn by 2019.
- By 2019, digital advertising is projected to have the highest CAGR of 30.2%, while all other sub-sectors are expected to grow at a CAGR between 8% and 18%
- Media market expected to reach USD 33.7 bn by 2020
Up to 74% with FDI allowed in Teleports, DTH, Multi-System Operator, cable networks in DAS areas, mobile TV, Headend-in-the-Sky Broadcasting Services: Upto 49% allowed under automatic route and beyond 49% (up to 74%) allowed under government route
100% FDI is allowed in publishing/ printing of scientific and technical magazines/ speciality journals/ periodicals under the government route
for more details FDI Policy 2017
- Largest newspaper circulation market globally
- World’s largest film industry in terms of tickets sold and number of films made
- Second largest TV market in the world
The Indian Media & Entertainment sector will touch USD 34.8 bn by 2021.
The Indian M&E industry is projected to grow at a pace of 14% over the period 2016-2021, outshining the global average of 4.2% CAGR, with advertising revenue expected to increase at a compounded Annual Growth Rate (CAGR) of 15.3% during the same period.
Television is expected to grow at a CAGR of 14.7% over the next five years as both advertisement and subscription revenues are projected to exhibit string growth at 14.4% and 14.8% respectively.
Print is projected to continue its growth at 7.3%, largely on the back of continued readership growth in vernacular markets and advertisements' confidence in the medium, tier II and tier III cities.
Films segment is expected to bounce back and is forcasted to grow at CAGR of7.7% as the revenue streams broaden.
Digital advertising is expected to grow at a CAGR of31% by 2021
Animation and VFX is expected to row at a CAGR of 17.2% over 2016-2021
- Entertainment industry CAGR (2016-21)
- TV industry revenue share
- Advertising revenue share
- Print media revenue share
Growth in FDI equity inflows during April 2014 – March 2017 as compared to April 2011-March 2014
FDI inflows (in USD) in information & broadcasting (including print media) during April 2000 - December 2017
FDI allowed in local cable networks and Multiple System Operators (MSO) in non-Digital addressable System (DAS) areas
FDI allowed in Teleports, DTH, Multi-System Operator, cable networks in DAS areas, mobile TV and others
February 2018 - Chinese Internet investment company Tencent Holdings Ltd has acquired minority stake in Gaana, a leading music streaming platform, for USD 115 mn
August 2017 - US based investment firm Tiger Global Management LLC has acquired a 25 % stake in 'The Viral Fever' (TVF), an online video content creator, for USD 10 mn.
March 2017 - Star India makes strategic investment in media tech startup Zapr.
March 2017 - Cinepolis, a Mexico-based multiplex chain, plans to add 160 more screens by investing around USD 59.6 mn
January 2017 - KidZania, a Mexican chain of family entertainment centers, plans to invest USD 14.9 mn for setting up a theme park. The third KidZania in India will be somewhere in the South.