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    Ontario Amends Foreign Film Tax Credit Cut for Hollywood    

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Foreign producers already committed to shooting in the province before the government last month cut its tax breaks to 21.5 percent will receive the more generous 25 percent tax credit rate previously in effect.

After hearing from the major Hollywood studios, the Ontario government has amended a current bill to cut savings from the province's foreign film and digital media production tax credit incentives. READ MORE

    California Sees Increase in Film Production     Made in India        
      California Sees Increase in Film Production  

The state was home to 22 major productions in 2014, up from 15 in 2013.

California saw an uptick in film production in 2014, with 22 movies filming in the state as contrasted with just 15 in 2013. READ MORE

          Participation to Focus on 'Make in India' Campaign, Potential to Become Entertainment Hub, Film Tourism and Co-Production Agreements
    USIBC Aims to Create a $100bn Media and Entertainment Industry in India by 2020    
      The U.S.-India Business Council (USIBC) led a series of discussions and meetings between top executives of the media industry and senior Government of India officials to discuss how opportunities can support the recent initiatives of the government, including Make in India, Digital India, and improving the country's ranking in the World Bank's Ease of Doing Business Index.
      In a major initiative to promote the potential of the Make in India campaign in the Media and Entertainment domain, Minister of State (I&B), Col. Rajyavardhan Singh Rathore is leading the Indian delegation to the 68th Cannes Film Festival. During the visit, Col. Rathore is expected to have extensive discussions with critical stakeholders of the global film industry to promote the essence of 'Make in India' in the context of the Media and Entertainment industry. READ MORE        
      Star India, Karan Johar Ink Three Year Production and Distribution Deal Worth Rs 500 Crore   binder02
      Karan Johar   In a landmark deal, Uday Shankar, chief executive officer of Star India, and film director Karan Johar have inked a three-year production and distribution deal in which Fox Star Studios, Star's studio vertical will join hands with Johar's Dharma Productions to co-produce and distribute nine films in a deal which is estimated to be worth Rs 500 crore. READ MORE  
      The Watchdogs: Hollywood's Gift From Illinois Taxpayers - $200 Million in Film Tax Credits  

Chicago has become Hollywood on Lake Michigan, captivating residents and tourists alike who gawk at celebrities filming movies like "Transformers" and TV shows like "Chicago Fire."

State officials say filming has been an economic boon, with production companies spending an estimated $2.8 billion on Illinois goods, services and wages for actors and other workers over the past seven years. READ MORE

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    Global Online TV, Video Revenue Forecast
to Hit $51.1B by 2020
  Netflix to Enter India, DTH Companies Edgy  

Worldwide over-the-top TV and video revenue will reach $51.1 billion in 2020, nearly doubling the $26.0 billion expected in 2015, according to a new forecast.

‎Research firm Digital TV Research cited the global expansion of Netflix as a key driver behind accelerated momentum and highlighted that the revenue growth would be "a massive increase" from the $4.2 billion recorded in 2010. The firm tracks 64 countries.

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After Singapore-based on-demand internet video provider Hooq launched operations here, the pioneer of internet TV, US-based Netflix, has firmed up plans to enter India by 2016, according to people familiar with the matter.

This has sent domestic DTH players into a tizzy with some of the major ones chalking out strategies to diversify beyond television. On the cards are iconic shows including Buniyaad, Nukkad and Malgudi Days on various mobile devices across iOS and Android.

"It's similar to Starbucks entering India. Everybody knew about it but cafe brands were late to react and Starbucks came and stole the show. We don't want to be caught on the wrong foot," a Tata Sky spokesperson told TOI.

Netflix is one of the leading on-demand internet streaming media companies in the world with around 62 million subscribers. More than 40 million of those users are in the US, a market which has become crowded with HBO Now, Sling TV and Sony entering the content streaming segment. Even Hooq, which lets a user stream and download movies and TV shows in India for Rs 199 per month, is a joint venture between SingTel, Warner Bros and Sony Pictures Television. READ MORE

    5 Ways Rupert Murdoch Revolutionized Media  

Over six decades of global empire building, the Australia native changed the print and broadcast landscape

CNN founder Ted Turner once famously threatened to "squish him like a bug." But ever since a 22-year-old Rupert Murdoch inherited two newspapers from his father in Canberra, Australia, in 1952, he's been the one doing the squishing. READ MORE

    Report: Movie and TV Industry in Oregon Is Responsible for More Than 18,750 Jobs  
      What is the economic impact of the movie and TV industry in Oregon? According to the Motion Picture Association of America, Inc. (MPAA), data shows that Oregon's movie and TV industry employs nearly 6,900 workers, paying $256.3 million in wages.

In a press release, the MPAA adds that Oregon's movie and TV industry consists of more than 1,450 businesses, and is responsible for more than 18,750 jobs.

Lohita Sujith
Director - Corporate Communications
Motion Picture Dist. Association (India)

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