A ROUND-UP OF MEDIA, ENTERTAINMENT & GAMING INDUSTRIES’ LEGAL UPDATES

Presenting Volume XXIV of INDUSLAW’s The Recap, your round-up of legal updates for the Media & Entertainment and Gaming industries. “Hope is a good thing, maybe the best of things, and no good thing ever dies.” This iconic line from The Shawshank Redemption perfectly encapsulates the sentiment surrounding the recent legal and regulatory developments in the Indian media & entertainment and gaming industries. As we stand on the precipice of significant changes, the anticipation is palpable, as the future holds both promise and uncertainty. Real-money gaming companies are waiting in anticipation for the Supreme Court to hear the case on the 28% GST regime, hoping for a favourable outcome that could potentially reshape the financial landscape for their businesses. On the media front, the government is contemplating whether there is a need for the Broadcasting Services (Regulation) Bill, 2023.