Guwahati, Assam – The first-ever WAVES Bazaar has concluded with remarkable success, facilitating business transactions valued at a minimum of ₹800 crore. The event served as a vital platform, seamlessly connecting a diverse array of Indian creators and filmmakers with a global network of investors.
The centerpiece of the World Audio Visual and Entertainment Summit (WAVES) was the bustling Buyer-Seller Market. Over the course of three days, this dynamic space hosted more than 3,000 productive business-to-business (B2B) meetings, fostering significant deal-making activity.
The substantial deals finalized during the bazaar spanned various segments of the media and entertainment industry, including film, music, radio, visual effects (VFX), and animation. According to a highly placed official, the current valuation of business conducted is anticipated to climb beyond ₹1,000 crore as negotiations continue to unfold in the coming days.
Beyond the transactional aspects, the WAVES Bazaar featured curated screenings of films held at an intimate 80-seat venue. These screenings were met with enthusiastic responses from attendees, who expressed considerable appreciation for the carefully selected cinematic works.
Furthermore, the bazaar provided a crucial opportunity for emerging creators to present their unique intellectual properties (IPs) to a wide-reaching network of international buyers and potential collaborators. This platform generated considerable interest in fresh talent and fostered the formation of promising new partnerships.
In a significant stride towards international cooperation, the Film India Screen Collective and Screen Canterbury NZ announced a joint proposal. This collaboration will pave the way for the inaugural Indian film festival to be held in New Zealand, an initiative designed to strengthen tourism, cultural exchange, and co-production ventures between India and New Zealand.
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