Unveiling The Evolution of Indian Entertainment SectorIndia has come a long way when it comes to the delivery of entertainment to the subcontinent's sheer number of consumers. Right from single state-owned broadcaster Doordarshan, which had one channel with twice-weekly, one-hour programs to today's all-time accessible OOTs, and social media contents. Having said that, this evolution is the direct result of the advancements in technologies which have taken the consumption of entertainment to a whole new level.While television remained the single largest component of the M&E sector last year, with a valuation of USD 8.3 billion and is further expected to rebound to USD 8.6 billion this year. Furthermore, digital media was the second largest component of the sector, which is expected to reach USD 9 billion in 2024. Consecutively, filmed entertainment is projected to grow from USD 2.3 billion in 2023 to USD 2.5 billion in 2024.Furthermore, new media, comprising digital and online gaming, has emerged as the growth leader increasing its contribution to the entertainment sector. Additionally, animation and VFX are poised to reach USD 1.5 billion in 2024, while the music industry is expected to grow by USD 338 million in 2025. The entertainment industry is poised to witness further disruptions in the coming years.Looking at this positive growth trajectory at hand, mediainfotainment presents you yet another exciting and meticulously curated monthly publication with a focus on shedding light on "The Evolution of Entertainment Industry in India." Through this edition, we will make our readers run-through how the Indian entertainment sector has evolved over the last four decades be it in terms of gadgets, technologies, cinemas, sports, among other fonts.
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