India’s Richest Man Backs Start-Up Channel Epic TV
India’s richest man, Mukesh Ambani, is backing Epic TV, a new Indian start-up channel. Due to start broadcasting next month, the high-def channel will have content based on the nation’s history, folklore and mythology in a contemporary format, Indian press reported. Former Walt Disney India managing director Mahesh Samat is leading the channel. Ambani, who is the chairman of Reliance Industries, has taken a more than 25% stake in the group via his Reliance Ports & Terminals. This is his second broadcasting venture; he already owns a stake in the Network18 Group. Ambani is the brother of Anil Ambani, who heads DreamWorks partner Reliance Entertainment.
Portion Of France’s Anti-Piracy Law Overturned
A section of anti-piracy law that France spent millions on developing has been overturned. The controversial Hadopi legislation was introduced in 2009 as a three-strikes program that would begin with warning letters sent to suspected online pirates and end with the suspension of their Internet access. But the Culture and Communications Ministry said today that the last leg has been overturned and French judges no longer will be able to impose suspensions. Rather, people who illegally download copyrighted content will be faced with fines that could increase gradually. This is the first measure adopted following a comprehensive report that was led by former Canal Plus chief Pierre Lescure. Culture Minister Aurélie Filippetti tweeted her support, saying, “Cutting off Internet is over. Change is now. We will fight relentlessly against sites that make money on the backs of creators.”