Trilegal has garnered a market-leading reputation for providing content structuring advice, media product launches, regulatory support, advice on content moderation and compliance policies, handling litigations and regulatory challenges, protecting IP assets, negotiating and drafting media contracts, and conducting due diligence in this niche sector.
The Indian media and entertainment industry is one of the fastest-growing markets in the world. According to Invest India, the Indian industry is projected to reach USD 30.9 billion by 2024. The sector’s growth is fuelled by factors such as increasing availability of fast and cheap internet, which has led to the growth in the digital media segment, online gaming, an increase in filmed entertainment, and higher demand for regional content consumption. In addition, the entertainment industry is gradually diversifying platforms to disseminate content, with social media and OTT becoming increasingly popular among other regular platforms such as TV and radio. In line with such developments, the structure and components of the media and entertainment industry are undergoing a massive transformation.
The Indian government has also launched various initiatives to ensure the sector’s growth. These include digitising the cable distribution sector and raising the limit of foreign direct investment from 74% to 100% in cable and DTH satellite platforms. In the online gaming sector, the government recently introduced new regulations to streamline online gaming businesses and promote fair play and improve user experience. These regulations include a prohibition on games that involve wagering/betting with real money and the setting up of three self-regulatory organisations that will oversee compliance and approve games that adhere to the rules of operation in the country. As these developments have a direct implication on compliance for businesses in the domain, organisations need to understand the sector-specific challenges.
Trilegal has extensive experience in advising major players in the sector with the right mix of industry knowledge and regulatory expertise to provide practical solutions. The firm has garnered a market-leading reputation for providing content structuring advice, media product launches, regulatory support, advice on content moderation and compliance policies, handling litigations and regulatory challenges, protecting IP assets, negotiating and drafting media contracts, and conducting due diligence in this niche sector. Our team of multidisciplinary lawyers have provided legal advisory to leading entities in the domain of complex media and entertainment law, content regulations, and challenges pertaining to OTT and other digital platforms.
Some of our clients in this sector include –