The Indian media and entertainment industry is ready to enter the golden era. With the fast changing lifestyle of consumers, high disposable income, IT boom and technological convergence, this is one of the best performing industries in India with a CAGR of 19% over the last five years. The growth rate of this industry will continue to attract both external equity and debt capital as well as management talent, which will further accelerate the growth. After China, the Rs. 43,700 cr Indian media and entertainment industry is the most vibrant and fast growing one in the world.

Government policy initiatives that have encouraged the inflow of investment, initiatives by private media companies and technological advancements are some of the key drivers of rapid growth of this industry. Besides corporatization of the film industry, the booming television sector, the fast growing radio sector and a growing market for printing and publications are also fueling the growth. The tremendous growth of the industry, which was previously dominated by strategic buyers, is now attracting many private equity investors: Matrix Partners, Warburg Pincus, DE Shaw, and T Rowe Price International being some of these.

The FY2006-07 was not so entertaining for the key players, such as Zee Entertainment Enterprises, whose rank slipped from 267 to 315 this year. Another leading player, SUN TV slipped to 382 against 169 rank the previous year. In the print media segment, HT Media is in number one position and ranked at 262 this year against 272 the previous year. Deccan Chronicle Holdings and Jagaran Prakashan are the new entrants to The 500 list. The industry's key segments include: films, television, music and radio.

The Analyst Magazine, Media and Entertainment Industry, Entertainment Enterprises, Indian Film Market, Public Service Sector, Indian Television Industry, Indian Music Market, Frequency Modulation, Foreign Direct Investment, FDI, Gross Domestic Products, GDP, Digital Entertainment, Global Leadership.