NEW DELHI: The Indian Broadcasting Foundation (IBF) on Monday announced the appointment of former Supreme Court judge Justice Vikramjit Sen as the Chairman of its newly formed self-regulatory body Digital Media Content Regulatory Council (DMCRC).
Besides, six other eminent industry members which include filmmaker Nikkhil Advani, writer and director Tigmanshu Dhulia, filmmaker and writer Ashwiny Iyer Tiwari, content producer and distributor Banijay Group CEO and founder Deepak Dhar would also be part of the self-regulatory body, IBF said in a statement.
This Council also includes – Sony Pictures General Counsel Ashok Nambisan and Star and Disney India Chief Regional Counsel Mihir Rale, it added.
“The Council constitutes prominent personalities from the Media & Entertainment industry and Online Curated Content Providers (OCCPs), with experience in IPR, programming and content creation,” it said.
IBF, the apex body of broadcasters, had last week announced to expand to cover digital streaming platforms and is soon going to be renamed as Indian Broadcasting & Digital Foundation (IBDF).
The move was done to bring together the broadcasters and OTT (over-the-top) platforms. It had also announced a self-regulatory body DMCRC for digital OTT platforms.
“The self-regulatory body which is formed as per the mandate of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 with active consultation amongst the creative industry fraternity is expected to create a credible, robust and practical code for content, with an inclusive and fair governance structure,” said IBF.
Commenting over the development IBF President K Madhavan said this is a historical moment for the stakeholders — media and entertainment industry, the policymakers and the subscribers of the OTT platforms.
“I look forward to working with the Council whose mandate is to ensure freedom of expression of the Indian creative industry as well as help the discerning audience of the OTT platforms to have unhindered access to world-class and differentiated content,” he said.
IBF represents television broadcasting and its members provide channels and programmes that deliver about 90 per cent of television viewership in India.
The Indian subscription video-on-demand industry is witnessing faster growth and it has been further expedited after the pandemic. It is expected to have the fastest growth in the media and entertainment sector for next coming years.
According to a The PwC Global Entertainment & Media Outlook 2020-2024, the Indian Media & Industry sector is expected to grow at a 10.1 per cent compound annual growth rate to reach USD 55 billion by 2024.
In terms of individual segment market size as a percentage of total industry revenue, OTT video is expected to see the largest gain and reach 5.2 per cent by 2024, it said.
Source: Press Trust of India
IITian Parag Agrawal becomes Twitter CEO
NEW YORK: Indian-origin technology executive Parag Agrawal has been appointed as the new CEO of Twitter after the social media giant’s co-founder Jack Dorsey stepped down on Monday.
In a message posted on Twitter, Dorsey said: “After almost 16 years of having a role at our company… from co-founder to CEO to Chair to Exec Chair to interim-CEO to CEO… I decided it’s finally time for me to leave. Why?
“There’s a lot of talk about the importance of a company being “founder-led”.
“Ultimately, I believe that’s severely limiting and a single point of failure. I’ve worked hard to ensure this company can break away from its founding and founders,” he said.
Agrawal, an IIT Bombay and Stanford alumnus, said in a note posted on Twitter that he is “honored and humbled” on his appointment and expressed gratitude to Dorsey’s “continued mentorship and your friendship.”
Dorsey said that there are three reasons he believes now is the right time.
“The first is Parag becoming our CEO. The board ran a rigorous process considering all options and unanimously appointed Parag. He’s been my choice for some time given how deeply he understands the company and its needs,” he said.
Parag has been behind every critical decision that helped turn this company around. He’s curious, probing, rational, creative, demanding, self-aware and humble, Dorsey said.
“He leads with heart and soul, and is someone I learn from daily. My trust in him as our CEO is bone deep,” Dorsey added.
Agrawal joined Twitter 10 years ago when there were fewer than 1,000 employees.
Agrawal said: “While it was a decade ago, those days feel like yesterday to me. I’ve walked in your shoes, I’ve seen the ups and downs, the challenges and obstacles, the wins and the mistakes.
“But then and now, above all else, I see Twitter’s incredible impact, our continued progress, and the exciting opportunities ahead of us,” he said.
“Our purpose has never been more important. Our people and our culture are unlike anything in the world. There is no limit to what we can do together.
Deep gratitude for @jack and our entire team, and so much excitement for the future. Here’s the note I sent to the company. Thank you all for your trust and support 💙 https://t.co/eNatG1dqH6 pic.twitter.com/liJmTbpYs1
— Parag Agrawal (@paraga) November 29, 2021
“We recently updated our strategy to hit ambitious goals, and I believe that strategy to be bold and right. But our critical challenge is how we work to execute against it and deliver results – that’s how we’ll make Twitter the best it can be for our customers, shareholders, and for each of you,” Agrawal noted.
The world is watching right now, even more than they have before, he said.
“Lots of people are going to have lots of different views and opinions about today’s news. It is because they care about Twitter and our future, and it’s a signal that the work we do here matters,” Agrawal added.
Source: Press Trust of India+
STL appoints two industry leaders to accelerate global expansion in Services and Software business
NEW DELHI: STL, an industry-leading integrator of digital networks, today announced two exciting additions to its leadership team in the Services and Software businesses. STL’s Services business is poised for global growth and expansion into the 5G RAN deployment space and the Software business is set to scale globally with innovation at the centre.
In line with these ambitious global plans, STL onboarded Praveen Cherian, as the CEO for Network Services Business, and Raman Venkatraman as the CEO for Software Business.
Prior to joining STL, Praveen was the Executive Vice President and Head of Infrastructure Services for India and South East Asia at IBM where he was driving Project based and Managed Services businesses. He also holds directorial positions on the board of reputed IT services and software companies. Raman comes from TCS where he was the Senior Vice President and Global Head for HiTech and Professional Services and also the global head for partnerships and alliances. He has assumed multiple leadership roles across geographies throughout his illustrious career spanning close to three decades.
Praveen and Raman will take over the responsibility from KS Rao who has played a crucial role in scaling these businesses and preparing the strategic road map for their future growth. KS will assume the role of Chief Corporate Officer at STL, leading key partner and ecosystem alliances, driving global policy advocacy and enabling group level legal framework.
With these changes, STL has built a global leadership team, which will unleash non-linear growth for all its business areas and elevate the company’s position in the market.
Commenting on the new leadership team structure, Ankit Agarwal, Managing Director, STL said “I am thrilled to welcome two senior, statured technology leaders, Praveen and Raman to take on the mantle for Services and Software businesses. I also take this opportunity to congratulate KS on his new role and wish him all the very best. I am confident that together we will unlock our next phase of technology leadership and transform billions of lives through digital networks.”
On his appointment, Praveen Cherian, CEO for Services Business, STL said “Digital networks are shaping the lives of billions across the globe and STL is playing a pivotal role in this endeavor by building world-class digital infrastructure. I look forward to accelerating this growth trajectory and scaling the Network Services business to newer heights.
Raman Venkatraman, CEO for Software Business, STL said “STL has a strong promise for growth given the passionate people, ground breaking technology and extensive market opportunities. I am delighted to join the organization and drive deep customer engagements with an experience rich portfolio of Software Products and Technology Services leveraging the larger group investments with collaborative technology ecosystems and industry domain capabilities, while augmenting the core capabilities of the software business.”
Speaking on the executive leadership expansion, KS Rao, Chief Corporate Officer, STL said “With several recent acquisitions and a very experienced leadership team, STL is poised for even greater success. I extend a warm welcome to Praveen and Raman and look forward to STL taking big leaps in creating a world-class digital future.”
GoodWorker appoints Diwesh Sahai as Chief Technology Officer
NEW DELHI: Backed by the Lemmatree Group, GoodWorker, a phygital platform, which aims to transform blue-collar workers’ lives in India by providing access to career enhancement opportunities and other quality of life services like finance and more, today, announced the appointment of Diwesh Sahai as the company’s Chief Technology Officer.
Diwesh has an experience spanning of over two decades as a senior leader in software development for consumer, enterprise, and service provider markets in both startups as well as large organizations. Prior to joining GoodWorker, Sahai worked with MyGate, Jio, Expedia Inc., MakeMyTrip.com and Amazon.
With a B. Tech in Aerospace Engineering from IIT Kanpur, he has specialized in E-Commerce, Digital (e-Books, Video), FinTech (Payments Bank), Application Development (TV, Streaming Device, and Mobile), Payments and Network Management.
On the appointment, Amit Jain, CEO, GoodWorker said, “Diwesh has an impressive track record in building high-performance teams with a culture of innovation and high-quality deliverables, and GoodWorker is thrilled to welcome him as the CTO of the company. His proven leadership in technology, deep expertise in team-building and passion for consumer-driven innovation makes him an ideal fit to lead the GoodWorker team.”
About his new role, Diwesh said, “I am extremely excited to join the team at GoodWorker, an organization that continues to rapidly execute its vision of transforming the lives of blue-collar workers in India.”
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