European Union delegation in Ottawa says bloc's 'unprecedented actions... speak for themselves

Conservative MP Pierre Poilievre — the only declared candidate for the party's leadership — is slamming Europe's response to the Russo-Ukrainian conflict, saying in a social media post that the continent's leaders have been "weak" in the face of Russian President...

INDIAN TELECOM SECTOR TO CONTINUE RECOVERING IN FY22

HIGHLIGHTS

• Indian telecom sector will continue to recover in the next financial year.
• The new financial year started on 1 APR 2021.
• Lead telecom operators intend to focus on digital transformation of their businesses.

Acco...

INDIA FRAMES TOUGHER RULES FOR SOCIAL MEDIA TO COMBAT FAKE NEWS

HIGHLIGHTS

• In India, the use of social media is increasing for sharing fake news.
• Indian Government has framed tougher rules to prevent the use of social media for sharing fake news.

The new rules are going to be tough challenges for...

CHINA MOMENTARILY SHUNS ENTRY FOR FOREIGN NATIONALS FROM CANADA

• China momentarily suspends most foreign nationals travelling from Canada.
• This has been put into force because of the Covid-19 situation that warrantees, ‘all foreign nationals who hold valid Chinese residence permits are not allowed to enter. This was reiterated by the C...

NETFLIX NOW HAS OVER 200 MILLION SUBSCRIBERS

Highlights

• In the times when most of the movie theatres were closed, almost everyone turned towards online streaming platforms and this led to their boom

• In the COVID-struck year, Netflix was successful in adding over 36 million subscribers, of which 8.51 million...

COALITION PLANS TO IMPOSE STRINGENT LAWS OF CONTENT QUOTAS IN OTTs LIKE NETFLIX, ABC OPPOSES THE MOVE

HIGHLIGHTS

• The ABC says forcing programming shares could sabotage its freedom as the public authority proposes major developments to media laws that would constrain Netflix to make more Australian substance

In the interim, the financier, Josh F...

COUPANG AMASSING BIG TICKET TAKEOVERS AND OTT SERVICES AKIN TO AMAZON

• The country's largest e-commerce firm Coupang has been replicating every business strategy its U.S. role idol Amazon has adopted.
• Its recent move to start its own over-the-top (OTT) service seems to be a move to offer video on demand (VOD) streaming services like that of Am...

NETFLIX SUBSCRIPTION TO COST MORE IN THE U.S.

Highlights

• The standard plan which lets people stream on two screens at the same time and features access to Netflix's HD library will now cost $14 per month, 1$ more than the previous cost of $13 per month

• Netflix has decided to keep its cheapest offering, t...

NETFLIX PULLS DOWN FREE-TRIAL OPTION FROM ITS WEBSITE FOR THE U.S.

Highlights

• According to a statement given by Netflix spokesperson, the company is looking at different marketing promotions in the United States in order attract new members and give them a great Netflix experience

• Reports state that the streaming service phasing...

RLAXX TV LAUNCHES IN GERMANY AND UK

HIGHLIGHTS

• rlaxx TV is now available in Germany and the UK.
• It is offered on many smart TVs.
• Free ad-supported service combines linear channels offer the flexibility of Video on Demand (VoD).
• rlaxx TV is available as a premium se...

ENTERTAINMENT INDUSTRY ALL SET TO LOSE $160 BILLION OVER 5 YEARS

According to the reports, numerous research firms have stated that the global entertainment sector will be losing estimated amount of $160 billion over the period of next five years courtesy of the COVID-19 pandemic.
The experts have already stated that the year 2020 and 2021 will bring in...