“FICCI FRAMES FAST TRACK “ convention at Powai Mumbai
( 27 and 28 September 2022 )
(Photo After Inauguration)
Highlights of the Convention
*Indian M&E sector to grow over $100 billion by 2030: MIB Secretary
*AVGC going to be next revolution; Govt to soon set-up National Centre of Excellence in AVGC
*Actor Ranveer Singh receives FICCI FRAMES Achiever of the Year Award
*Talking Satayjit Ray: Through Story Teller – A new film by Ananth Mahadevan
*Indian Creative Industry Provides Opportunities for Expansion & Leaving a Global Footprint of the Country: Justice Prathiba Singh
Addressing the two-day ‘FICCI FRAMES Fast Track 2022’, Apurva Chandra, Secretary Ministry of Information & Broadcasting said, “We will be a $10 trillion economy in next 10 years. We should target that media and entertainment sector should grow to more than 100 billion dollars by 2030. For this we will do whatever it takes to support the media and entertainment sector and help it grow.”
Expressing concern over declining number of theatres, the Secretary “We will assign the Film Facilitation Office to work with Invest India to come up with a single-window portal for opening theatres, and to create a Model Theatre Policy, so that the states can adopt and work on the same.”
AVGS is the Future
Chandra further said “the Animation, Visual Effects, Gaming and Comics (AVGC) Promotion Task Force constituted by the Ministry of I&B will submit the report within the next 15 days. Thereafter we will submit the recommendations and go through the process of adopting the report. AVGC is the next revolution like the IT revolution 20 years back,” A National Centre of Excellence for AVGS is going to be set up” he added.
Ms Tracy Brabin, Mayor of West Yorkshire, UK said, “We want to work with the talented and creative people to champion sustainability in the creative industries and the film industry, through investment, and support”
Actor and Renowned Film Personality Mr Ranveer Singh said, “Entertainment options have opened up. There are new structures and entertainment. Media is constantly fragmenting, and we are seeing massive changes in entertainment consumption patterns. “
Film Producer Mr Ramesh Sippy said, “Pandemic has affected the world, it has brought a whole lot of changes. The OTT platform has got a boom. Now both cinema and the small platforms will perform together in a much bigger way. “
FICCI Director General Mr Arun Chawla said, “India's digital transformation has caused a number and importance of online media platforms to rise dramatically. The government has actively supported the media and entertainment industry”.
During the event, Actor Ranveer Singh was felicitated with FICCI FRAMES Achiever of the Year Award. Followed by an entertaining Q & A session between Bombay Times Edior Ms.Madureeta Mukherjee and actor Ranveer Singh
Online fraud: A case study of Jamtara
India is becoming a “Faceless, Paperless, and Cashless” economy. Technology advancement has made money transactions easy and convenient. With the increased usage of technology in the banking sector, there has been an increase in financial fraud. These frauds include Phishing, Vishing, QR code frauds, KYC frauds, Net Banking ,ATM frauds etc.
Talking of Satyajit Ray thruogh the Story Teller
In conversation
- Mr Ananth Mahadevan, Actor
- Mr Adil Hussain, Actor
- Ms Tannishtha Chatterjee, Actor
Moderator: Ms Priyanka Sinha Jha, Journalist
This was a lively audio visual clipping discussion on the latest film the Director-actor Anant Mahadevan made with inputs added by the actors Adil Hussain and
Tannishtha to what film maker Ananth said .The role the story teller is played by the thespian Paresh Rawal who unfolds the hitherto unknown facts and features of the Great Master Satyajit Ray’s life . Unfortunately Paresh Rawal could not remain present though his name was listed in the talk. Session was deftly moderated by Priyanka Sinha Jha with audience participation.
Addressing the second day session of ‘FICCI FRAMES Fast Track 2022’ on strengthening India’s IP Ecosystem, Hon. Justice Pratibha Singh ,Judge Delhi High Court highlighted, “ Indian Creative Industry provides opportunities for expansion and leaving Global footprint. There is a need for a unified central agency for enforcement of Intellectual Property Rights that will help strengthen the overall IP ecosystem. USA produced less than half the number of films and generated 8 times more box office revenue while China produced almost half the films, yet the box office collections was nearly 7 times of India.”
Karan Thapar, Deputy Secretary, DPIIT, Ministry of Commerce and Industry, spoke about the Government’s initiative towards protecting the rights of the creative industry stakeholders. He said that the government while being committed towards strengthening of IP laws, was also focused on the sensitization and awareness about IP among enforcement agencies and the judiciary.
Dipti Kotak, 0f Reliance Industries Ltd., Gowree Gokhale of Nishith Desai Associates, Uday Singh of Motion Pictures Association and Kaushik Moitra also shared their perspectives during the interaction.
New paradigm in business of Cinema: Consumer choices and screen comfort
Content is everywhere, but the overall experience of going to a theatre is unique. It’s not just seeing a film, but often a family outing with a tub of popcorn. Consumers want both the theatre experience and the flexibility of watching their favourite content at any time, at the click of a button. How can the industry align its approach to this changing landscape, and can it circle back to the pre-pandemic huge ticket sales on opening weekends?
Ajit Andhare of Viacom18 Motion Pictures, Pankaj Jaysinh, of UFO- Moviez,
Lada Guruden Singh of Sony Pictures, Rockline Venkatesh- Exhibitor and distributor and Kunal Sawhney of Movie Max Participated in the discussion while Akshaye Rathiof Aashirwad Theaters moderated.
By -Mohan Siroya
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