Media & Entertainment
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Media & Entertainment
About the Media & Entertainment
With booming Indian economy, the Entertainment & Media sector continues its upward growth journey. Preach Law LLP works across sectors, viz. television, radio, films, print and digital, amongst others, and helps organizations improve effectiveness and achieve long-term results. With digital media being delivered across new mediums, intellectual property disputes and risk management have become common. Our team helps you resolve these disputes along with content and licensing management. Our practice also provides services around merger integration, financial and commercial due diligence, valuations, and tax-effective restructuring solutions. With new evolving revenue models in the entertainment space, our team of experts can help you with financial forecasting, finance transformation, project management, revenue recognition and supply chain management. We have aligned our Entertainment and Media practice around the issues and challenges that are of utmost importance to our clients in this sector. We analyze and understand the environment in which our clients operate and how it impacts our clients businesses.
There are various areas of work under Media & Entertainment industries are include:-
- Television industry.
- Print industry.
- Film industry.
- Animation industry.
- Radio industry.
- Controversial IP Protection by Indian Film Industry.
Key challenges areas for Multi Chanel Networks (MCN) in India:
- Deals and transaction aspects.
- Defining a growth strategy that works.
- Internal/IT control aspects.
- Cyber security.
- Tax and regulatory aspects
Policy Regime:
The Government is contemplating enhancement in the FDI limit for telecom services to 100% with FDI up to 49% through the automatic route and FDI beyond 49% through FIPB. Carrying the same logic forward, and keeping in mind the fact that the ongoing digitization of the cable TV services in the country would give a big impetus to the convergence of the broadcasting and telecom infrastructures, the same limits and route ought to be made applicable to the carriage services in the broadcasting sector. We however hasten to add that even though in September 2012 the FDI regime for Broadcast carriage services has been liberalized and the caps have been increased from 49% to 74%, for all carriage and distribution platforms including direct-to-home (DTH), head-end in the sky (HITS), multi-service operators (MSOs) and cable TV, there is hardly any funding that is coming in from abroad. The reason is that prospective investors who would like to take a stake in India’s broadcast carriage services are wary of the restrictions on vertical integration presently in place for platforms like DTH, HITS and IPTV in India.
Major players of the Industries
The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and is making high growth strides. Proving its resilience to the world, the Indian M&E industry is on the cusp of a strong phase of growth, backed by rising consumer demand and improving advertising revenues. The major players being are mentioned below:-
- Doordarshan
- STAR TV (Satellite Television Asia Network)
- Zee Television
- United Television
- CNN
- Sony Television
- ATN (Asia Television Network)
- BBC World
- SUN TV
- Discovery Channel
- TNT and Other.
Legal services of Preach Law LLP
The firm provides advice on cutting-edge issues that cover multiple legal and business disciplines. Our expertise and understanding of the business is the foundation for providing full range of legal services including:
- Arbitrations & Litigation
- Foreign Investments
- Regulatory
- Structuring
- Offset policy
- Statutory Compliances
- Joint Ventures
- Contracts
- Teaming Agreements
- Auction/Bid Management etc.
- Tax & Regulatory Structuring
- Sourcing/Supply and Service Agreements.
- Regulatory Approvals/Representations
- Advisory Services
- Information Technology Enablement
- Review/Appeal of Administration Decisions