Need for entrepreneurship and innovative ventures to fuel growth of media & entertainment sector; Finding investors for distribution easier than for content, say experts
Need for entrepreneurship and innovative ventures to fuel growth of media & entertainment sector; Finding investors for distribution easier than for content, say experts MUMBAI, March 13, 2014. The media and entertainment professionals feel that there is both the need and scope for entrepreneurial leaps and innovative ventures for the sector to grow exponentially. Whether it is the building of a business destination, private equity, angel investing, crowd sourced funds or reaching out to and engaging with audiences in new ways, there are plenty of avenues to be explored. These views emanated from the session on 'Kickstarting Entrepreneurship and Innovation for the Media and Entertainment Industry' on Day 2 of FICCI FRAMES. Mr. Arun Rangachari, Chairman, DAR Capital Group, pointed out that finding investors for distribution was much easier than for content. With innovative content model comes the risk of failure. He added that the ...