By Karan Taurani /Elara Caps - As per media reports, Star has bagged TV media rights for IPL at around 23,500cr , which is a premium of 30% over the base price, in line with expectation as TV medium is largely matured and subject to tepid mid to high single digit ad growth; concerns persist on subs revenue front whi...
Tag: social media news
Apple revenue from gaming, music projected to up 36% by ’25
Apple Inc.'s revenue from gaming and music offerings is expected to jump 36 percent to $8.2 billion by 2025, J.P.Morgan has said as the iPhone maker taps its huge user base to drive its subscription services.
The two services are likely to have a combined subscriber base of about 180...
Telegram confirms Premium tier with more features
Telegram was planning to establish a premium layer, the company’s founder and CEO, Pavel Durov, has said, revealing this was indeed the case as rumours began to circulate on the Internet last month. According to ANI, Telegram Premium, as it will be called, will be available by the end of the month. Before you g...
Robust day 1 bidding ups valuation of an IPL match to over Rs.1 bn
The Indian Premier League (IPL) cricket media rights auction witnessed a robust bidding for TV and digital rights for the Indian sub-continent with the valuation of per match of the cash-rich league being earmarked at more than a whopping Rs 100 crore.
The cumulatively bids crossed R...
Google launches ads on YouTube Shorts
American tech giant Google has rolled out a suite of product innovations across ads and commerce. At the India edition of Google Marketing Live, the tech giant highlighted how with the surge of video watch time, the increased reliance on Search, and the growth in online shopping, brands, and businesses...
Spotify expects to reach $100 billion revenue in 10 years
Spotify Technology SA has said it expects to reach $100 billion revenue annually in the next 10 years and promised high-margin returns from its costly expansion into podcasts and audiobooks.
To reach its ambitious goal, the audio streaming company would need to make its revenue grow ...