The Media Room

The Core

Join Vanita Kohli-Khandekar as she takes you through a unique behind the scenes look at the inner workings and machinations of the media and entertainment business. She will speak to experts, film makers, media barons, broadcasters, publishers, platforms, media analysts, and more, to give you insights on the intersection of storytelling, money, technology and communication in this rapidly evolving space.

  1. Sep 23

    Coldplay to Lollapalooza Inside India’s Big Concert Bet I Naman Pugalia On The Media Room | The Core

    From Coldplay to Lollapalooza, can India’s concert boom become a lasting business? In this episode of The Media Room from The Core, Vanita Kohli-Khandekar speaks with Naman Pugalia, Chief Business Officer for Live Events at BookMyShow, about India’s concert economy, the growth of live entertainment and the investment needed to bring global artists to Indian audiences. The conversation explores BookMyShow’s evolution from a ticketing platform into a concert promoter, spanning international tours, music festivals and stand-up comedy. Pugalia explains how digital payments, social media, music streaming and a growing willingness to pay for experiences are reshaping demand for live events in India. What does it take to turn a cricket stadium into a concert venue? Can India build enough indoor arenas to host live entertainment throughout the year? And can ticket sales and brand sponsorships sustain the business beyond a handful of blockbuster shows? Coldplay’s India concerts and Lollapalooza India offer a window into the economics behind the stage. Pugalia shares BookMyShow’s estimate that Coldplay’s two Ahmedabad shows generated ₹641 crore in economic impact. He explains how concerts and music festivals drive spending on hotels, airlines, restaurants, merchandise and local transport, creating opportunities beyond ticket revenue. The discussion also covers concert infrastructure, crowd safety, international artists’ production requirements, Sunburn, the expansion of live music beyond major metros and the differences between cinema ticketing and live event economics. Pugalia examines the role of brand partnerships and why moving beyond expectations of free tickets matters for the industry’s growth. For business leaders, investors, consultants, marketers, media professionals and anyone tracking India’s media and entertainment economy, this episode offers an inside look at the business behind the concert boom. Watch the full conversation on The Media Room from The Core to understand India’s big concert bet and what BookMyShow’s experience with Coldplay, Lollapalooza and live entertainment reveals about its future. Chapters (00:00) – How BookMyShow Built Its Live Events Business (01:02) – From Ticketing Platform to Event Promoter (06:21) – What Is Driving India’s Live Events Boom? (10:37) – How India Is Building Infrastructure for Global Concerts (15:16) – Why India Still Needs More World-Class Venues (21:36) – Live Events Are Growing Exponentially at BookMyShow (23:35) – The Business and Economics of Lollapalooza and Live Events (27:51) – Tickets vs Advertising: How Live Events Make Money (30:01) – Why India’s Live Events Market Is Just Getting Started (31:03) – Coldplay’s Record Ticket Sales in India

    Coldplay to Lollapalooza Inside India’s Big Concert Bet I Naman Pugalia On The Media Room | The Core
  2. Sep 9

    Can AI Save The News Business? Earl J. Wilkinson Explains | The Media Room | The Core

    Can AI save the news business? INMA CEO Earl J. Wilkinson joins Vanita Kohli-Khandekar on The Media Room to discuss AI in journalism, digital subscriptions and why getting readers to pay remains a challenge for Indian news publishers. When news is available everywhere, what makes journalism worth paying for? And can artificial intelligence help publishers build a sustainable business? In this episode of The Media Room from The Core, Earl J. Wilkinson, Executive Director and CEO of the International News Media Association, explores how the news business is being reinvented as print economics give way to digital media. He explains why India’s inexpensive newspapers make digital subscriptions harder to sell, why blanket paywalls may not work and why publishers need to look beyond copying The New York Times. Yet Wilkinson sees reasons for optimism. AI could help newsrooms analyse vast amounts of information and develop journalism they previously lacked the resources to produce. The opportunity extends beyond cutting costs to creating something readers value. In this conversation * How AI is changing journalism and newsroom jobs * Why digital subscriptions and paywalls need a different approach in India * What makes readers willing to pay for news * Why global news brands can grow while local newspapers struggle * How events, e-commerce and reader revenue support media businesses * AI copyright and the debate over paying publishers for their content * Why adapting to technology requires a change in newsroom culture Drawing on examples from India and international markets, Wilkinson examines what the news business needs to become commercially sustainable and where AI could make a difference. What would make you pay for news? Tell us in the comments. Subscribe to The Core for more conversations on business, media, technology and the forces shaping India and the world. #AI #FutureOfJournalism #TheMediaRoom (00:00) – The State of the Global News Media Business (01:58) – The Biggest Challenge: Adapting to Constant Technological Change (03:18) – Why News Media Companies Will Converge by 2030 (11:14) – Earl Wilkinson on the Evolution of India’s News Media Market 15:08 – Why Publishers Need to Rebuild Their Digital Businesses (18:27) – Finding New Revenue Beyond Advertising (22:24) – Can Indian News Media Build a Sustainable Subscription Business? (25:00) – AI, Content Rights and the Future of News Publishing (30:55) – Earl Wilkinson’s Favourite News Media Markets

    Can AI Save The News Business? Earl J. Wilkinson Explains | The Media Room | The Core
  3. Aug 26

    Viraf Patell On Why New Writers Struggle To Break Into Bollywood | The Media Room | The Core

    Why do new writers struggle to break into Bollywood despite the industry’s constant search for original stories? Viraf Patell joins Vanita Kohli-Khandekar to examine the barriers separating aspiring screenwriters from Bollywood producers and decision-makers. In this episode of The Media Room, Viraf explains how limited access, an oversupply of writing talent and a shortage of serious buyers make breaking into Bollywood difficult. He also reveals how Frame Your Idea, the pitching platform created at FICCI Frames, is making Bollywood’s talent market more accessible. What began with 115 writers and 650 meetings has grown into a curated marketplace involving more than 450 writers, around 75 producers and over 3,300 structured pitch meetings. But how often does a pitch lead to another opportunity? Viraf says only 5 to 7 percent of meetings result in producers asking to meet a writer again. Yet that conversion rate is comparable to what studios achieve through months of conventional talent scouting. Frame Your Idea compresses the process into two days while giving screenwriters from across India direct access to producers, studios and industry executives. The conversation explores why new writers struggle to enter Bollywood, what producers look for in a script and why even promising stories can take years to reach the screen. Viraf also shares success stories connected to Netflix’s Choked, Disney, Colour Yellow Productions and Dharma Productions. Viraf reflects on his own journey from the Merchant Navy and Mr India to YRF television, screenwriting, Gujarati cinema and acting in Pathaan. He discusses learning screenwriting from Boman Irani through Spiral Bound and working on the National Award-winning Kutch Express. He also recalls Shah Rukh Khan’s generosity on the Pathaan set and speaks about his role in Hansal Mehta’s Gandhi, starring Pratik Gandhi with music by A.R. Rahman. Watch the full conversation to learn: •⁠ ⁠Why new writers struggle to break into Bollywood •⁠ ⁠How to pitch a script to Bollywood producers •⁠ ⁠How Frame Your Idea works at FICCI Frames •⁠ ⁠Why most film pitches do not progress •⁠ ⁠How producers discover new writing talent •⁠ ⁠What makes stories work across languages •⁠ ⁠What Viraf Patell learned from Boman Irani •⁠ ⁠What Shah Rukh Khan was like on the Pathaan set This episode offers screenwriters, filmmakers and media professionals a candid look at Bollywood’s closed networks, its demand-and-supply imbalance and the difficult journey from a promising script to a finished film. Subscribe to The Core for informed conversations on Indian business, media, technology, financial markets and the forces reshaping the economy. Chapters (00:00) – Viraf Patell’s Journey from Merchant Navy to Acting (05:55) – From Acting to Storytelling: Why Viraf Looks Beyond One Discipline (09:31 – How Frame Your Idea Was Born (13:58) – Frame Your Idea: 650 Meetings and 115 Writers in Three Days (17:43) – How Do You Measure Success in Finding New Writers? (23:05) – The Business of Frame Your Idea and the Cost for Writers (27:05) – From Frame Your Idea to Films: Success Stories (32:19) – How Learning Screenwriting Changed Viraf as an Actor (37:45) – Boman Irani’s Spiralbound and Viraf’s Screenwriting Education (40:50) – Why Good Stories Are Universal (43:20) – Frame Your Idea Returns: A New Door for Writers (44:13) – Viraf Patell on Shah Rukh Khan’s Generosity on Pathaan (49:31) – What’s Next for Viraf Patell

    Viraf Patell On Why New Writers Struggle To Break Into Bollywood | The Media Room | The Core
  4. Aug 12

    Gaurav Banerjee On How Sony Is Reinventing TV, SonyLIV And KBC For India | The Media Room | The Core

    Sony India is betting on television, SonyLIV, KBC, streaming and sports to drive its next phase of growth. Gaurav Banerjee, Managing Director and CEO of Sony Pictures Networks India, explains why he believes Indian TV is far from dead and how Sony plans to compete for audiences across screens. In this episode of The Media Room, Vanita Kohli-Khandekar speaks with Gaurav Banerjee about Sony India’s television and streaming strategy, the growth of SonyLIV, the future of Indian television and the changing economics of the media and entertainment business. Banerjee explains how Sony is reinventing some of its biggest entertainment properties. KBC is being reworked for the age of AI, Indian Idol has been adapted for a new generation of musicians, and established franchises such as Crime Patrol are being refreshed for changing audiences. The conversation also looks at what really works on streaming in India. Banerjee argues that mass entertainment, live sports and strong intellectual property can travel across television, SonyLIV, YouTube and connected TVs rather than existing as separate viewing worlds. SonyLIV sits at the centre of that strategy. From live cricket and interactive viewing to originals such as Scam, Maharani and Gullak, Sony is looking to expand SonyLIV while retaining its premium positioning and building stronger engagement across digital screens. Sports is another important part of Sony’s growth strategy. Banerjee discusses the economics of sports broadcasting, cricket rights, the Asia Cup and why sports must generate reach, revenue and profit rather than simply attract large audiences. The episode also tackles a larger question facing India’s media industry. Is television really dying? Banerjee argues that the problem is not television itself but whether broadcasters are creating programmes audiences still want to watch. Sony is consequently increasing investment in Hindi television, regional entertainment and new channels across Tamil, Marathi, Bangla and other Indian markets. He also discusses Sony’s focus on watch time, viewership growth, advertising, connected TV adoption and why strong content remains the company’s most important growth driver. Also discussed in this episode * Sony India’s television and streaming strategy * SonyLIV growth and the future of OTT in India * The future of Indian television * KBC in the age of AI * Amitabh Bachchan and Kaun Banega Crorepati * Indian Idol and the changing music industry * Madhuri Dixit and Marathi KBC * Ajay Devgn and the reinvention of Crime Patrol * A R Rahman and Tamil Idol * Samantha Ruth Prabhu and Celebrity MasterChef * Sony’s sports broadcasting strategy * Cricket rights and sports streaming economics * Connected TV growth in India * Advertising, viewership and watch time * Scam, Maharani, Gullak and SonyLIV originals * Sony’s regional television expansion * The future of India’s media and entertainment industry Watch the full conversation with Gaurav Banerjee on The Media Room with Vanita Kohli-Khandekar from The Core. Chapters (00:00) – Gaurav Banerjee on Sony’s Next Phase in India (02:40 – How KBC Is Being Reinvented for the Age of AI (05:08) – Reimagining Sony’s Fiction and Non-Fiction IP (10:59) – Why Streaming and Television Are Converging (15:48) – Sony’s Growth Strategy: Content, Sports and Watch Time (18:05) – Sony’s Viewership Has Grown 38% in Two Years (24:24) – SonyLIV’s Strategy: Live Sports, IP and Interactivity (32:25) – Why Sports Must Drive Reach, Revenue and Profits (36:35) – Can Television Beat the ‘Sunset Medium’ Narrative?

    Gaurav Banerjee On How Sony Is Reinventing TV, SonyLIV And KBC For India | The Media Room | The Core
  5. Jul 29

    Victoria Oakley On AI Copyright And Streaming Fraud | The Media Room | The Core

    Victoria Oakley explains how technology, AI copyright and streaming fraud are reshaping the business of music and changing how artists create, distribute and earn.Streaming has transformed the global music industry. Listeners can discover songs from almost anywhere, artists can reach fans across borders and record labels can build new revenue streams through subscriptions, digital distribution, online concerts and direct fan engagement.But the same technology is also creating new risks.What happens when generative AI companies train music models on copyrighted songs without permission? Who gets paid when bots create millions of fake streams? And are Spotify, YouTube and other streaming platforms doing enough to protect artists and their royalties?In this episode of The Media Room, Vanita Kohli-Khandekar speaks with Victoria Oakley, Chief Executive Officer of the International Federation of the Phonographic Industry, or IFPI. It represents more than 8,000 record labels globally, from independent companies to Universal Music, Sony Music and Warner Music.Oakley explains how technology is changing the music business through subscription streaming, global distribution, digital fan experiences and new ways for artists to monetise their work. She also argues that record labels remain central because every platform still depends on original music and human creativity.The conversation examines one of the biggest debates in music today. Should AI companies be allowed to train their models on copyrighted music without consent or payment?Oakley argues that companies using songs to train generative AI systems should seek permission, enter licensing agreements and pay the artists and rights holders whose work makes those models possible. She also explains why fully AI-generated music without meaningful human creativity or properly licensed training data should not receive the same copyright protection as music created by people.Streaming fraud is another major concern.Fake streams, bots, click farms and streaming farms can artificially increase the number of plays a track receives. Fraudsters can then claim a larger share of the royalty pool even when no real audience has listened to the music. This diverts money away from genuine artists.Oakley discusses why streaming fraud is difficult to detect and why Spotify, YouTube, music distributors and other digital streaming platforms need stronger safeguards, better verification and greater cooperation.The episode also looks at the future of India’s music industry. India has a vast audience, a growing creator economy and globally recognised musicians, but much of its music consumption still happens through free, advertising-supported streaming rather than paid subscriptions.Can India become one of the world’s largest paid music markets? Can technology help Indian artists reach global audiences? And can the music industry embrace AI and innovation without weakening copyright, creativity and artist income?Watch the full conversation to understand how technology is shaping the business of music and how AI copyright, streaming fraud, music licensing, artist royalties and paid streaming could define its next phase.Subscribe to The Core for conversations on business, media, markets, technology and the global economy.#MusicBusiness #AICopyright #StreamingFraudChapters(00:00) Introduction: Inside the Global Music Business(00:46) What IFPI Does & How Record Labels Shape Music(01:47) Is the Music Industry Bigger Than Record Labels?(06:24) Have Streaming Platforms Overtaken Record Labels?(11:15) India's Music Market & The Subscription Opportunity(14:42) AI in Music: Opportunity or Threat?(21:08) Can AI-Generated Music Be Copyrighted?(26:39) Streaming Fraud: The Billion-Dollar Threat(31:09) How Spotify & YouTube Are Fighting Fake Streams(32:08) How Big Is the Streaming Fraud Problem?(36:22) How Streaming Created a Global Music Market(39:04) Final Thoughts

    Victoria Oakley On AI Copyright And Streaming Fraud | The Media Room | The Core
  6. Jul 15

    Are Indian Films the Next Big Alternative Investment? | The Media Room | The Core

    Are Indian films the next big alternative investment? In this episode of The Media Room, Vanita Kohli-Khandekar speaks with Sidharth Jain, founder of Film Money Global, and Rohit Dalmia, founder of CineNow, about how new film funds are trying to turn Indian films into a structured investment opportunity for institutional investors, hedge funds, HNIs, and global capital. The conversation explores the rise of film financing in India, the economics of the Indian film industry, and whether films can become a credible alternative investment asset. Film Money Global plans to finance genre films through international SPVs, while CineNow is building a ₹1,300 crore fund focused on capital, technology, IP monetisation, tokenisation, and structured exits. Can Indian films deliver predictable returns despite uncertain box office outcomes? Can tokenisation solve the problem of investor exits? And can film IP, theatrical revenues, streaming rights, and franchise potential be packaged like other financial assets? The discussion also covers film budgets, genre cinema, regional films, theatrical-first release strategies, investor confidence, intellectual property rights, portfolio diversification, data-led decision-making, and the challenge of deploying large pools of capital into the Indian movie business. For business leaders, investors, consultants, media professionals, filmmakers, and anyone tracking India’s media and entertainment economy, this episode offers a rare look at how finance and technology could reshape Indian film financing. Watch the full conversation to understand whether Indian films can truly emerge as the next big alternative investment. #IndianFilms #AlternativeInvestment #FilmFinancing #IndianFilmIndustry #TheCore Chapters (00:00) – Introduction (03:12) – Why films are emerging as an investment asset class (08:46) – How film funds manage risk through portfolios and slates (14:55) – Choosing projects: instinct vs structured investing (21:20) – Can independent filmmakers benefit from film funds? (27:37) – The biggest challenge isn't raising capital—it's deploying it (30:29) – Do good stories always make successful films? (32:22) – Why institutional investors have stayed away from films (35:24) – Tokenization, exits and the future of film financing (43:18) – Can intellectual property become a true investment asset?

    Are Indian Films the Next Big Alternative Investment? | The Media Room | The Core
  7. Jun 17

    Roshan Abbas On Live Events, AI And The Creator Economy

    Roshan Abbas on live events, AI and the creator economy is a sharp conversation on how India’s media business, entertainment industry and creative economy are changing as artificial intelligence, digital creators and live experiences reshape what audiences value. In this episode of The Media Room by The Core, Vanita Kohli-Khandekar speaks with Roshan Abbas about India’s live events industry, the future of AI in media, and the changing creator economy. From radio and theatre to television, events, films, digital platforms and Commune, Roshan reflects on a career built around storytelling, audience connection and creative entrepreneurship. The conversation explores why live events in India are growing again, why collective experiences still matter, and why creators must balance short form content, long form storytelling and audience trust. Roshan also speaks about AI generated content, artificial intelligence in the creative industry, digital creators, influencer marketing, content curation, creator burnout and the ethical questions around using AI as a creative tool. He also shares lessons from investing in creative startups, building networks, spotting opportunities in media and entertainment, and why the future may belong not just to creators, but to curators with taste, judgement and human insight. For professionals interested in business, media, marketing, consulting, technology, entertainment and India’s creative economy, this is a conversation about why creativity still needs people, why live experiences are becoming more precious, and why human intelligence may matter even more in the age of AI. Subscribe to The Core for sharp conversations on business, media, economy, technology and culture. #RoshanAbbas #CreatorEconomy #ArtificialIntelligence #LiveEvents #MediaBusiness #TheMediaRoom #TheCore Chapters 00:00 – Roshan Abbas and the journey of Indradhanush 07:40 – Updating nostalgia for new audiences 11:13 – The art of connecting with people and building platforms 12:54 – Investing in creators, startups and ideas 17:22 – India’s live events boom and the arena economy opportunity 19:45 – Why creators should invest in people, not just businesses 25:34 – The paradox of plenty: creation, curation and creator burnout 30:50 – Why we are entering the era of curation 33:25 – Roshan Abbas on AI, authenticity and ‘art intelligence’ 39:05 – Staying relevant, mentoring creators and finding joy 41:48 – Upcoming projects, films and the future of storytelling 44:13 – Why collective experiences are making a comeback

    Roshan Abbas On Live Events, AI And The Creator Economy

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Join Vanita Kohli-Khandekar as she takes you through a unique behind the scenes look at the inner workings and machinations of the media and entertainment business. She will speak to experts, film makers, media barons, broadcasters, publishers, platforms, media analysts, and more, to give you insights on the intersection of storytelling, money, technology and communication in this rapidly evolving space.