Media & Entertainment Spotlight Navigating the New Revenue Standard

This media & entertainment spotlight discusses the new revenue model and highlights key accounting issues and potential challenges for M&E entities. Identifying the Performance Obligations in the Contract (Step 2) Some arrangements in the M&E industry involve multiple goods or services. For example, a license arrangement may provide rights to multiple films, markets, or territories; or the sale of a consumer good may include a digital extension (i.e., access to related digital content).

Spotlight

SPI Cinemas Private Limited

SPI Cinemas is a leading player in the entertainment industry offering services such as exhibition, distribution and production. SPI Cinemas strives to be at the forefront of media technology and endeavours to bring new entertainment technology to customers first. Our roster boasts of brands such as Sathyam, Escape and Palazzo amongst others. On the exhibition front, Sathyam has been a household name in Chennai since 1974 and is the city's hottest entertainment destination.

OTHER ARTICLES

Best Oculus Rift Fitness Games 2020

Article | April 22, 2020

No matter what VR headset you own, there are some great virtual reality fitness games at your disposal. However, the Oculus Rift’s stacked catalog and quality exclusives makes it a great option for any fitness enthusiast. From games built around working out to enjoyable titles that make you forget about how active you are actually, there are hundreds of choices. That’s exactly why it can be overwhelming for those that just picked up a headset. To help you find the right fitness title for you, we here at VR Fitness Insider have come up with a list of the best Oculus Rift fitness games 2020. These games are an excellent part of anyone’s fitness journey.

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MEDIA AND BROADCASTING

The new chair of the FTC and antitrust 2.0

Article | June 22, 2021

The appointment of Lina Khan on June 15th to chair of the Federal Trade Commission (FTC) is poised to be a transformational one in the history of the world wide web. Khan came to prominence with an article in the Yale Law Journal, Amazon’s Antitrust Paradox, which identified the paradox of hegemonic tech service providers which bypass the US’ strict competition laws by offering lower prices to the end consumer. Under US antitrust law, the driving indicator of market monopolies are higher prices for the consumer – under this strict definition, none of the tech majors which dominate the digital economy are monopolistic. Indeed, some such as Alphabet and Facebook do not even directly charge the end user for their services. So, while both Google and Facebook dominate the global digital ad market, making an antitrust case against them under the current 20thcentury era regulatory framework is nigh on impossible. However, the absence of meaningful competitive challengers to these two incumbents in search and social advertising over the previous 15 years, despite the lucrative high margin business opportunities, implies that the competitive market is not performing according to classical economic theory. Khan has built a subsequent career on trying to square this circle, and now the Biden Administration has empowered her as the key instigator of the sweeping regulatory update required for a digital-first century.

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BUSINESS

The rise of the introverted salesperson

Article | May 25, 2021

The shift to virtual selling has upended the status quo for many sales teams across the country and around the world. I firmly believe, as I’ve said before, thatnearly everything can be sold over video— and in many ways the virtual sales process makes it easier for sales reps to connect with customers and build trust.Still, there has been a great deal of resistance, and some organizations have just tried to wait it out, hoping that once COVID passed, they could go back to normal.

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VR Headsets of the Future Might Be Made With Mirrors?

Article | June 4, 2020

Do you get headaches or feel nauseous while using VR headsets? About 20% of people do. Even if VR headsets don’t cause you physical discomfort, you might feel that your virtual worlds seem flat..That’s because they are flat. VR headsets using close-to-eye displays rely on lenses. While a lot of cool technology goes into them, they really work a lot like television or computer screens. Advancements like eye-tracking and autofocus try to fix these problems. But, they’ll never work. At least not according to Doug Magyari. Magyari and Immy, his company based in Troy, Michigan, believe that they have the solution: VR headsets that don’t use lenses.

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Spotlight

SPI Cinemas Private Limited

SPI Cinemas is a leading player in the entertainment industry offering services such as exhibition, distribution and production. SPI Cinemas strives to be at the forefront of media technology and endeavours to bring new entertainment technology to customers first. Our roster boasts of brands such as Sathyam, Escape and Palazzo amongst others. On the exhibition front, Sathyam has been a household name in Chennai since 1974 and is the city's hottest entertainment destination.

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