Holywood News

Rs 132.8 billion worth of transactions recorded at the wave market

Mumbai: On Sunday, at the World Audio Video-Visual Entertainment Summit (Wavees-20125), commercial transactions of up to Rs 13.28 crore were recorded in movies, music, games, games, broadcasts, VFX and animations. The Wave Market at Buyer Seller Market has witnessed more than 3,000 B2B meetings. Waves Bazaar is the flagship program for Waves in 2025 and has been established as the premier platform for international business cooperation in the creative industry. Four days of waves end on Sunday. In addition, the 30 startups successfully received investors and funds at the end of the 2025 wave.

Officials said they recorded commercial transactions or transactions worth Rs. There are 13.28 million in the film, music, radio, VFX and animation fields. “Of the total estimated results, it is only Rs 9.771 crore for the B2B meeting. A key highlight of the bazaar is the buyer's market, witnessing more than 3,000 B2B meetings,” the officials said.

According to officials, in a major development under international cooperation, New Zealand's Film Screen Collective and Racing Bureau New Zealand announced a collaboration proposal to hold its first ever Indian film festival in New Zealand. Tushar Kumar and Alexander Zharov, CEO of Russian Company Russia AG, announced early talks on the Memorandum of Understanding to collaborate on music performances in Russia and India in Russia and India.

Sandeep Jhingran, chief growth officer of the Internet and Mobile Association of India (IMAI), said the Wave Summit platform has received more than a thousand applications from startups. But the thirty of the startups are directly marketed to investors, and finally. These companies are actively talking and considering getting funding. Mr Singhland said: “We are satisfied with the positive and promising response of this initiative. Our efforts are crucial to focus on M&E startups and we are able to do so on Wave Summit in Mumbai.”

Union Information and Broadcasting Secretary Sanjay Jaju said waves have been an incredible stage in investment, business, art and culture, making themselves the people’s movement.

Meanwhile, Maharashtra Chief Minister Devendra Fadnavis met Netflix's co-CEO Ted Sarandos on Sunday, respectively, and Charles Rivkin (MPA), chairman and CEO of the Film Association (MPA), who is his film, television and film, television and streams around the world in Varsha's southern South Mumbai.

According to the Chief Minister, they held a fruitful meeting with Mr. Ted Sarandos. “We talked about how Netflix sees India as an important market in the next five years. We explore possible collaborations between Maharashtra State and Netflix that may improve skills in the media and entertainment sectors and in the process teamed up to tell the culturally enriched story of the rural Maharashtra,” Mr Fadnavis said in an article on X.

In another article about X, the Chief Minister said that Mr. Charles Rivkin praised India's rich filmmaking culture, which dates back to 1913, when the release of the first full-length film in India, Raja Harishchandra. “We talked about possible collaboration between the best studios in the world and Maharashtra, incentives for filmmakers and the need for IP protection in a highly creative and idea-driven media and entertainment sector,” he said.

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