PM Modi: WAVES will empower Indian content creators go global

Prime Minister Narendra Modi on Tuesday said the first ever World Audio Visual and Entertainment Summit (WAVES) will encourage Indian artists to create content and make them global. Addressing the Rising Bharat Summit organised by the News18 television channel, Modi said that WAVES will also invite artists from around the world to collaborate in India.

Entertainment is one of the largest global industries and it is set to expand further, the prime minister said. Scheduled to be held in Mumbai from May 1-4, WAVES is a global platform to encourage and celebrate art and culture, he said. The prime minister also spoke about India’s vibrant and creative industries, including movies, podcasts, gaming, music, AR and VR, PTI reported from New Delhi.

The “Create in India” initiative was aimed at taking these industries to the next level, he said. Earlier, Information and Broadcasting Minister Ashwini Vaishnaw said the summit will focus on nurturing creative talent through 31 “Create in India” challenges, which have already shortlisted over 400 creators across fields such as gaming, music, comics, animation, visual effects and broadcasting.

The goal is to help these creators transform their ideas into market-ready products, while also protecting their intellectual property rights. More than 725 creators are expected to be showcased at the summit.

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RU Ediriwira, Group CTO, NXTDigital Limited

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N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

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Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!