India's WAVES Summit: Shaping Global Media & Entertainment

The World Audio Visual & Entertainment Summit (WAVES) is set to take place in Goa, India, from November 20-24, 2024. The summit aims to boost the media and entertainment sector, foster dialogue, innovation, and trade partnerships.

WAVES Summit Overview

World Audio Visual & Entertainment Summit (WAVES) to be held in Goa, India
Dates: November 20-24, 2024
Organized by the Indian government to boost media and entertainment sector
First global summit covering entire media and entertainment spectrum
Aims to foster dialogue, innovation, and trade partnerships
Will run alongside the International Film Festival of India (IFFI)

Key Objectives and Focus Areas

Position India as a global powerhouse in media and entertainment
Create a platform for industry leaders, stakeholders, and innovators
Explore opportunities and tackle challenges in the evolving M&E landscape
Attract investment and promote India as a content creation hub
Special focus on Animation, Visual Effects, Gaming, and Comics (AVGC) sectors
Encourage high-quality content creation and protect IP rights
Promote skill development and sustainable growth in the industry

Government Initiatives and Support

Union Minister Ashwini Vaishnaw announced the event, emphasizing structural changes in M&E
Focus on creating employment and augmenting talent pipeline
Commitment to support the entire M&E ecosystem in adapting to technological changes
Plans to establish Goa as a major hub for creativity and talent
Strict actions against piracy to protect content creators
Support for the growing gaming industry
Collaboration between M&E industry, financial sector, and technology sector

Event Features and Activities

CEO Roundtable with representatives from 60+ organizations across various M&E sectors
Launch of WAVES 2024 website and brochure
"Create in India Challenge – Season 1" to be held before the main event
Prasar Bharati's "Battle of the Bands" and "Symphony of India" competitions
Discussions on technological advancements like 8K resolution, virtual reality, and AI in content creation
Focus on sustainable production and global market strategies
Networking opportunities for emerging talent and industry veterans

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