Latest news with #NeilGane
Time of India
04-05-2025
- Business
- Time of India
Unchecked piracy could cost online video industry $2.4 billion in revenue: Report
India's online video sector, valued at an estimated $4.2 billion in 2024, is facing a serious threat from rampant digital piracy , which could result in substantial economic losses and job losses by 2029 if not urgently addressed. #Pahalgam Terrorist Attack India much better equipped to target cross-border terror since Balakot India conducts maiden flight-trials of stratospheric airship platform Pakistan shuts ports for Indian ships after New Delhi bans imports from Islamabad A new report by Media Partners Asia , in collaboration with the IP House and the Confederation of Indian Industry, unveiled at the World Audio Visual and Entertainment Summit (WAVES) 2025, revealed that digital piracy led to losses of $1.2 billion in 2024 alone, with approximately 90 million users accessing pirated content during the year. The report projects that, without intervention, the number of users consuming pirated video content could surge to 158 million by 2029, with total cumulative losses reaching $2.4 billion. This trend could further hinder growth in a sector already challenged by low SVOD penetration and constrained advertising revenue, it noted. Live Events However, the report said that the implementation of effective anti-piracy measures could help India's digital video industry recover $1.1 billion in lost revenue, reinvest $0.5 billion into content creation, and generate approximately 47,000 jobs by 2029. In addition, these efforts could drive the creation of over 158,000 direct and indirect jobs between 2025 and 2029, bolster platform sustainability, and enhance tax contributions. At WAVES 2025, a panel discussion titled "Piracy: Safeguarding Content through Technology' convened global leaders in media, law, and cybersecurity to evaluate the impact of piracy on the digital content economy and outline potential countermeasures. Moderated by Neil Gane, Vice President and Head of Asia Pacific at IP House, the discussion underscored the growing consensus that piracy has evolved from a marginal issue into a mainstream threat requiring coordinated, multi-dimensional responses. Vivek Couto, Managing & Executive Director at Media Partners Asia, emphasised the financial toll of unchecked piracy. 'Online piracy is expected to cost the industry over 10% in lost revenue between 2025 and 2029,' he said. 'But effective anti-piracy enforcement could drive a 25% increase in legal video service users and unlock a $0.5 billion boost in content investment, raising the total value to $3.8 billion by 2029.' He urged stakeholders to shift the piracy narrative from one of protection to potential, especially as India's digital video economy continues to grow. Dr Shruti Mantri, Associate Director at ISB Institute of Data Science, drew attention to the overlap between digital piracy and cybercrime. 'Piracy often involves malicious tools like trojans, ransomware, and spyware. Users between 24 years old are particularly vulnerable,' she said. She advocated for widespread public awareness and educational initiatives, emphasising that prevention must start with informed consumers. She also announced a Digital Piracy Summit being organised by ISB in partnership with CBI and Interpol on 9–10 July. Addressing anti-piracy efforts in the sports sector, Anurag Kashyap, Head of Anti-Piracy Operations at DAZN, a British over-the-top sports streaming and entertainment platform, described a proactive approach. 'Our strategy is built around the three Ds: detection, disruption, and deterrence. We start enforcement even before the event goes live,' he said. He added that invisible watermarking plays a key role in tracing leaks. Anil Lale, Head of Legal at JioStar, stressed the need for strong enforcement. 'The biggest deterrent is prosecuting the pirates. Law enforcement must identify the source of leaks and stop playing catch-up,' he said. He emphasised that prevention should be proactive rather than reactive. Praveen Anand of Anand and Anand Associates highlighted the need for both technological tools and judicial reform. 'Tools like AI, blockchain, and watermarking are crucial. But we must also make camcording difficult with measures like metal detectors. Timely legal action is essential to create deterrence,' he noted.
The Print
04-05-2025
- Business
- The Print
Experts call for unified action against piracy, blending technology, law, and awareness at WAVES 2025
Moderated by Neil Gane, Vice President and Head of Asia Pacific at IP House, the conversation reflected the growing consensus that piracy is no longer a fringe concern but a mainstream threat demanding coordinated, multi-dimensional responses. Mumbai (Maharashtra) [India], May 3 (ANI): A panel discussion on 'Piracy: Safeguarding Content through Technology' brought together global leaders in media, law, and cybersecurity to address one of the most pressing challenges facing the digital content economy at WAVES 2025, the Ministry of Information & Broadcasting said in a release on Saturday. Vivek Couto, Managing & Executive Director of Media Partners Asia, underlined the economic cost of unchecked piracy. 'Online piracy is expected to cost the industry over 10 per cent in lost revenue between 2025 and 2029,' he said. 'But effective anti-piracy enforcement could drive a 25 per cent increase in legal video service users and unlock a USD 0.5 billion boost in content investment, raising the total value to USD 3.8 billion by 2029.' He urged stakeholders to reframe the piracy discussion from protection to potential, especially as India's digital video economy scales. Dr Shruti Mantri, Associate Director at ISB Institute of Data Science, highlighted the intersection of digital piracy and cybercrime. 'Piracy often involves malicious tools like trojans, ransomware, and spyware. Users between 18-24 years old are particularly vulnerable,' she said. She called for comprehensive public awareness campaigns and educational initiatives, noting that prevention must begin with informed consumers. She also announced that ISB will organise a Digital Piracy Summit in collaboration with CBI and Interpol on July 9-10. Speaking on anti-piracy operations in the sports sector, Anurag Kashyap, Head of Anti-Piracy Operations at DAZN, explained the preventive approach. 'Our strategy is built around the three Ds: detection, disruption, and deterrence. We start enforcement even before the event goes live,' he said. Invisible watermarking, he added, plays a pivotal role in tracking leaks. Legal expert Anil Lale, Head-Legal at Jio Hotstar, stressed the importance of strong enforcement. 'The biggest deterrent is prosecuting the pirates. Law enforcement must identify the source of leaks and stop playing catch-up,' he said. Prevention, he asserted, should be proactive rather than reactive. Praveen Anand of Anand and Anand Associates emphasized that the solution lies in both technology and judicial reform. 'Tools like AI, blockchain, and watermarking are crucial. But we must also make camcording difficult with measures like metal detectors. Timely legal action is essential to create deterrence,' he noted. The panel converged on the need for a united front, where technology, legislation, enforcement agencies, and public awareness work in tandem to protect the future of digital content. WAVES 2025, through such discussions, continues to spotlight actionable strategies for the Media and Entertainment industry's most pressing concerns. (ANI) This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content.
India Gazette
03-05-2025
- Business
- India Gazette
WAVES 2025: Experts call for unified action against piracy, blending technology, law, awareness
New Delhi [India], May 3 (ANI): A panel discussion on 'Piracy: Safeguarding Content through Technology' brought together global leaders in media, law, and cybersecurity to address one of the most pressing challenges facing the digital content economy at WAVES 2025. Moderated by Neil Gane, Vice President and Head of Asia Pacific at IP House, the conversation reflected the growing consensus that piracy is no longer a fringe concern but a mainstream threat demanding coordinated, multi-dimensional responses. Vivek Couto, Managing and Executive Director of Media Partners Asia, underlined the economic cost of unchecked piracy. 'Online piracy is expected to cost the industry over 10 per cent in lost revenue between 2025 and 2029. But effective anti-piracy enforcement could drive a 25 per cent increase in legal video service users and unlock a US$ 0.5 billion boost in conten A panel discussion on 'Piracy: Safeguarding Content through Technology' brought together global leaders in media, law, and cybersecurity to address one of the most pressing challenges facing the digital content economy at WAVES 2025. Moderated by Neil Gane, Vice President and Head of Asia Pacific at IP House, the conversation reflected the growing consensus that piracy is no longer a fringe concern but a mainstream threat demanding coordinated, multi-dimensional responses. Vivek Couto, Managing and Executive Director of Media Partners Asia, underlined the economic cost of unchecked piracy. 'Online piracy is expected to cost the industry over 10 per cent in lost revenue between 2025 and 2029. But effective anti-piracy enforcement could drive a 25 per cent increase in legal video service users and unlock a US$ 0.5 billion boost in content investment, raising the total value to US$ 3.8 billion by 2029,' he said. He urged stakeholders to reframe the piracy discussion from protection to potential, especially as India's digital video economy scales. Shruti Mantri, Associate Director at ISB Institute of Data Science, highlighted the intersection of digital piracy and cybercrime. t investment, raising the total value to US$ 3.8 billion by 2029,' he said. He urged stakeholders to reframe the piracy discussion from protection to potential, especially as India's digital video economy scales. Shruti Mantri, Associate Director at ISB Institute of Data Science, highlighted the intersection of digital piracy and cybercrime. 'Piracy often involves malicious tools like trojans, ransomware, and spyware. Users between 18-24 years old are particularly vulnerable,' she said. She called for comprehensive public awareness campaigns and educational initiatives, noting that prevention must begin with informed consumers, and announced a Digital Piracy Summit being organised by ISB in collaboration with CBI and Interpol on July 9-10. Speaking on anti-piracy operations in the sports sector, Anurag Kashyap, Head of Anti-Piracy Operations at DAZN, explained the preventive approach. 'Our strategy is built around the three Ds: detection, disruption, and deterrence. We start enforcement even before the event goes live,' he said. Invisible watermarking, he added, plays a pivotal role in tracking leaks. Legal expert Anil Lale, Head-Legal at Jio Hotstar, stressed the importance of strong enforcement. 'The biggest deterrent is prosecuting the pirates. Law enforcement must identify the source of leaks and stop playing catch-up,' he said. Prevention, he asserted, should be proactive rather than reactive. Praveen Anand of Anand and Anand Associates emphasised that the solution lies in both technology and judicial reform. 'Tools like AI, blockchain, and watermarking are crucial. But we must also make camcording difficult with measures like metal detectors. Timely legal action is essential to create deterrence,' he noted. The panel converged on the need for a united front, where technology, legislation, enforcement agencies, and public awareness work in tandem to protect the future of digital content. WAVES 2025, through such discussions, continues to spotlight actionable strategies for the Media and Entertainment industry's most pressing concerns. (ANI)
