Media revenues to cross $100 bn in 10 yrs: Ambani

India’s media and entertainment industry revenues are set to grow by nearly four-fold to cross USD 100 billion in the next decade, billionaire Mukesh Ambani said on Thursday.

Speaking at the government-promoted WAVES here, Ambani, whose company controls a sizeable part of the sector, said the day is not far when the country becomes the entertainment hub of the world.

Ambani’s group controls Network18.

Business