Five knowledge reports on media and entertainment released at WAVES 2025
MoS Dr. L. Murugan released five reports on India's media and entertainment sector at WAVES 2025 in Mumbai on 3 May 2025, including a live events white paper and BCG's creator economy report.
Summary
Five reports on India's media and entertainment (M&E) sector were released by Union MoS for Information and Broadcasting Dr. L. Murugan at WAVES 2025 in Mumbai on 3 May 2025. They are the Ministry's Statistical Handbook on Media & Entertainment 2024-25; 'From Content to Commerce: Mapping India's Creator Economy' by Boston Consulting Group; 'A Studio Called India' by Ernst & Young; 'Legal Currents: A Regulatory Handbook on India's M&E Sector 2025' by Khaitan & Co; and 'India's Live Events Economy: A Strategic Growth Imperative', a white paper by EventFAQs Media. The BCG report says India's 2â2.5 million active digital creators influence over $350 billion in annual consumer spending, projected to exceed $1 trillion by 2030. The white paper says India is on track to be among the top five live entertainment destinations by 2030.
Key facts
- Date / place
- 3 May 2025, WAVES 2025, Mumbai
- Released by
- Dr. L. Murugan, MoS I&B
- Reports
- Statistical Handbook (MIB); Creator Economy (BCG); A Studio Called India (EY); Legal Currents (Khaitan & Co); Live Events white paper (EventFAQs Media)
- Creator economy
- 2â2.5 million creators; >$350 bn spend influenced; >$1 trillion by 2030
- Live events goal
- Top five global live entertainment destination by 2030
Practice MCQs 3 questions
The report 'From Content to Commerce: Mapping India's Creator Economy', released at WAVES 2025, was prepared by:
Show answer
Correct answer: A â Boston Consulting Group
The creator economy report was prepared by Boston Consulting Group (BCG).
Which firm prepared the report 'A Studio Called India', released at WAVES 2025?
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Correct answer: B â Ernst & Young
'A Studio Called India' was prepared by Ernst & Young.
Consider the following statements about the white paper 'India's Live Events Economy: A Strategic Growth Imperative': 1. It was prepared by EventFAQs Media and commissioned by the Ministry of Information & Broadcasting. 2. It says India is on track to be among the top five live entertainment destinations globally by 2030. Which of the statements given above is/are correct?
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Correct answer: C â Both 1 and 2
Both are correct, as per the Ministry of I&B release of 3 May 2025.