JISTAR is the largest media company in India which is made up of the merger of the Indian unit of Viacom18 and Walt Disney of Reliance Industries. The company has made a big announcement in the World Audio Visual and Entertainment Summit (World Audio Visual and Entertainment Summit). The company has made a big announcement for entertainment in India. During the summit, Giostar announced that it is going to spend 33 thousand crores on content. (FY26) This announcement has been made. Let’s know what is the meaning of this announcement.

JISTAR is preparing to give a large dose of entertainment to Indian users. JISTAR announced an investment of Rs 33,000 crore during the World Audio Visual and Entertainment Summit (Waves) (via) Vice-Chairperson Uday Shankar of the company gave information about this while speaking at the Waves Summit. He said that in just 3 years (2024, 2025 and 2026) the company is going to spend 10 billion dollars (about 8 trillion rupees).

He said that when the media company is spending, its investment is only for Indian consumers, for their tests, and for their needs. The investment of the company is only for Indian audiences and this investment will also be recovered from India. He highlighted the importance of developing India’s story-tailing ecosystem rather than depending on global content. That is, there is immense possibilities of content in India itself that there is no need for global content here.

He further said that the current business models of advertising and membership in the market have become old. There has been no major innovation in the field in the media and entertainment industry for many years. He emphasized that the industry needs a new approach to monitization, which will help Indian media companies gain larger valuation than global veterans like Netflix and Tencent. On this occasion, Vivek Couto, Management and Executive Director of Media Partners ASIA, said that the value of the Indian media industry is $ 30 billion, compared to $ 200 billion in the US and $ 75 billion in China.

On the other hand, Giostar aims to deliver content including Tier-1 cities in India to Tier-2, Tier-3, and Tier-4 cities. Because Tier-3, and especially for Tier-4 cities, currently has a huge scope of content creation and rechability that remains to be filled.

Waves summit 2025: 26 innocent people lost their lives and many were injured in the terrorist attack on April 22 in Pahalgam. The whole country is angry with this heartbreaking incident. What is common, what everyone is strongly condemning this attack. Amidst all this, all the stars from Bollywood to Tollywood have also expressed anger at the Pahalgam terror attack. At the same time, superstar Rajinikanth on Thursday termed the Pahalgam terror attack as “barbaric and merciless” and said that Prime Minister Narendra Modi is a warrior who will bring peace in Jammu and Kashmir.

Rajinikanth said that my full faith in PM Modi
Addressing the inauguration ceremony of the ‘Waves’ summit, the actor said that many people had told him that the government could postpone the four -day program due to “unnecessary criticism” as it focuses on entertainment. He said, “I have faith in Prime Minister Narendra Modi and I was confident that this program would definitely happen.”

The ‘World Audio Visual and Entertainment Summit’ (Waves) will also include the top stars of Hindi film and South Indian films as well as industry leaders and political personalities.

Rajinikanth told PM Modi warrior
Rajinikanth said, “Prime Minister Modi is a warrior, he will face any challenge. He has proved this and we have been watching it for the last decade. “The 74 -year -old actor said that the Prime Minister will” handle the situation in Kashmir with bravery and decency “”. Rajinikanth said, “(He) will give peace and glory to our country. I am very happy to come here and to be a part of ‘Waves’ moment is a matter of good fortune for me, my heartfelt congratulations to the Central Government. ”

Waves will provide a platform for films, OTT (Ovad the Top), Gaming, Comics, Digital Media, AI (Artificial Intelligence), AVGC -XR (Animation, Visual Effects, Gaming, Comics – Extended Reality), broadcast and emerging technology and will try to present itself as a comprehensive display of India’s media and entertainment skills.

What is the purpose of Waves Summit
The Waves Summit aims to open the 50 billion US dollars market by 2029 and expand India’s presence in the global entertainment economy. This conference is taking place immediately after the terrorist attack in the upper areas of Pahalgam in Kashmir. 26 people were killed in the attack, mostly tourists.

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Waves summit 2025 live: A four -day summit is going to be held at Jio World Center in Mumbai. This is the World Audio Visual and Entertainment Summit Waves 2025 which will be inaugurated by Prime Minister Narendra Modi. Connecting creators are ready to establish India as a global center for media, entertainment and digital innovation by bringing together the creators, startups, film industry veterans and policy makers from all over the world with connecting creators, connecting country tagline.

Taking advantage of creativity, technology and talent, according to the Prime Minister’s approach to shaping a bright future, films, OTT, gaming, comics, digital media, AI, AVGC-AR, broadcast and emerging technology will be integrated in Waves. Which will make it a widespread performance of India’s media and entertainment skills.

What is target

Waves aims to open a market of $ 50 billion by 2029, which will expand India’s presence in the Global Enternament Economy. In 2025, India will also host Global Media Dialogue (GMD) for the first time, in which ministers of 25 countries will participate, who will prove to be a milestone in the country’s association with global media and entertainment landscape. The summit will also include Waves Bazaar, which is a global e-marketplace with over 6,100 buyers, 5,200 vendors and 2,100 projects. Its purpose is to bring together local and global buyers and vendors to ensure comprehensive networking and business opportunities.

The Prime Minister will visit the Creatorcefier and will talk to the creators selected out of 32 Create in India challenges launched about a year ago, for which more than one lakh registrations were done. He will also visit the Bharat Mandap. Waves 2025 will participate in more than 90 countries, including more than 10,000 representatives, 1,000 creators, more than 300 companies and more than 350 startups. The summit will have 42 full sessions, 39 breakout sessions and 32 masterclass, which will be held in various fields including broadcast, infotainment, AVGC-XR, film and digital media.

Bollywood celebs will be involved

In this summit, many Bollywood celebs have reached the World Jio Saint of Mumbai to be Sathis. Many artists including Shah Rukh Khan, Alia Bhatt, Ranbir Kapoor, Deepika Padukone, Hema Malini, Akshay Kumar have reached.