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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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