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India's Entertainment Industry Faces a 'C' Change: Consolidation ...

Knowledge@Wharton (May 1 2008)

Categories:
Markets: Bollywood, Gaming, Maps/Local, Mobile, Outsourcing, Social Networking, Telecom, Travel, Video
Financing: Acquisition, Funding
Other: Jobs, Reports

Quotes

  1. “ New technologies and ideas and young and brilliant filmmakers are here to take the [film] industry forward. A revolution has happened in the industry. ”
    By Yash Chopra
  2. “ What is happening in the industry is that the professionals are becoming entrepreneurs and are setting up ventures in various fields like digital distribution and content creation. ”
  3. “ This industry is going to see a lot of investment from various sources -- private equity, venture capitalists, the public. ”
    By Rajesh Jain
  4. “ The E&M industry in India has reached an inflection point. ”
    By Chirag Negandhi
  5. “ Broadcasting was one of the first movers. ”
  6. “ The new media is still evolving, but given the large amount of private equity, corporatization is only a matter of time. ”
    By Rajesh Jain
  7. “ Many people tend to look at corporatization as a legal structure. ”
  8. “ Corporatization was slow for a long time, but in recent times it has been picking up at a good pace. ”
  9. “ Today, the consumer demands the 4 C's, namely cricket, cinema, comedy and crime. ”
  10. “ We do carry stories that matter, and we do deal with social responsibility. ”
  11. “ Piracy has been hampering the rapid growth of the entertainment business. ”
  12. “ This study estimates that the Indian entertainment industry loses some 820,000 jobs and about $4 billion annually to the piracy menace. ”
    By Ron Somers

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