Week at a glance: Will Google sell Chrome?; Punit Goenka steps down as MD; Waves launched

Dear friends,

JioStar has been hailed by the industry, who also feel that its formation could herald the consolidation process in the media industry.

Google faces continued pressure from US’ DoJ, which is pushing for Chrome’s divesture to keep Google’s monopoly in check.

There is further restructure at ZEE, with Punit Goenka deciding to step down as MD and to focus solely on his responsibilities as CEO.

Industry hails JioStar; will create scaled-up entity, could herald the consolidation process

The industry has largely given a thumbs up to the formation of JioStar. In conversation with Adgully, they discuss the implications for the media and entertainment ecosystem in India and how JioStar can change the dynamics of this industry.

Proposed Chrome divestiture

DOJ’s push to break Google’s hold: A closer look at proposed Chrome divestiture

The US Department of Justice (DOJ) is pursuing a historic move to address Google’s monopoly in the digital space by proposing the forced sale of its Chrome browser. This comes after Judge Amit Mehta’s August ruling that Google indeed holds monopolistic power in the search engine space.

From Ecosystem to Fragmentation: Weighing in the impact of Chrome’s possible breakup

As discussions intensify around the DOJ’s proposed separation of Chrome from Google, the tech industry finds itself at a crossroads. From concerns about user experience to the potential for a browser renaissance, the implications of this move are vast and far-reaching.

Punit Goenka to step down as ZEEL MD

Punit Goenka to step down as ZEEL MD; Mukund Galgali elevated as Deputy CEO

After the Board of Directors of ZEEL informed the bourses that it has approved higher targets to evaluate the performance of Punit Goenka, Goenka has approached the Board with an approach to focus entirely on his operational responsibilities as CEO of the Company and relinquish his position as Managing Director.

Prasar Bharati’s creates ‘Waves’ in OTT

Prasar Bharati launches new OTT platform - WAVES - at 55th IFFI

Waves makes its entry as a large aggregator OTT. With the aim to cater to the growing demand for digital streaming services, Waves seeks to revive nostalgia while embracing modern digital trends by offering a rich mix of classic content and contemporary programming.

WAVES will provide clean family entertainment: Prasar Bharati Chairman

AI meets PR

AI meets PR: How OpenAI’s publisher partnerships redefine PR strategies

This feature story delves into the profound implications of OpenAI’s collaborations for the future of PR, exploring how the industry can adapt to a rapidly changing media ecosystem.

Myntra & the creator ecosystem

Sunder Balasubramaniam on Myntra’s synergistic relationship with the creator ecosystem

In an exclusive AG talk interaction with Adgully, Sunder Balasubramaniam, CMO, Myntra, delves into the strategies employed by Myntra for enhancing engagement with GenZs, how brand collaborations and partnerships are shaping Myntra’s offerings.

India’s EV industry

India’s EV industry eyeing 80 mn unit sales by 2030 as mainstream adoption rises

Once considered niche, EVs are now seen as viable and eco-friendly alternatives to conventional vehicles. In India, the EV market is experiencing rapid growth with ambitious targets set for 2030: 30% of private car sales, 70% of commercial vehicles, 40% of buses, and 80% of two- and three-wheelers are expected to be electric.

ZEE’s Diffleuncers

ZEE leverages its TV characters to redefine brands’ emotional connect with consumers

ZEE's Dilfluencers campaign is making waves by blending the authenticity of TV characters with the precision of digital platforms. Featuring Bollywood actor Jackie Shroff, the campaign highlights the deep emotional resonance of ZEE’s iconic TV characters.

How Indian M&E can tap Dubai

Majed Al Suwaidi on Dubai’s rise as a global hub: Opportunities for Indian companies

In this interview, Majed Al Suwaidi of TECOM Group PJSC shares his insights on how Dubai is facilitating the global expansion of Indian media and entertainment companies.

Other Headlines:

Ashwini Vaishnaw calls for accountability in new media to combat fake news

BARC reports 44% decline in its FY2024 net profit to Rs 20 crore

ONE Asia Creative Awards 2024: Leo Burnett, Ogilvy top India’s Finalists

Meta fined $25.4M for WhatsApp privacy policy abuse

Tata CLiQ Fashion heralds fashion-forward transformation with rebranding

Decoding the changing dynamics of film narratives, resonance, distribution

How brands are driving participation in Maharashtra polls

Until next week...

Shanta Saikia

Editor

Adgully

Also Read: Week at a glance: The JioStar behemoth; Leadership team at JioStar; SCREENXX 2024