Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 129

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 129
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 has regulatory authority over wire communications,
which allows it to regulate most forms of television broadcasting. Additionally, various non-governmental industry associations play a
key role in regulating film distribution. This section provides a high-level overview of these regulatory regimes.

Federal Communications
Commission

The Federal Communications
Commission has authority over wire communications in the United States, including most forms of television broadcasting. However,
it has no formal regulatory authority over online streaming services. For film distributors, any movie that is broadcasted over television
airwaves must abide by the rules of Federal Communications Commission, including Federal Communications Commission rules in place that
prohibit and restrict certain types of content, such as language, nudity, violence and other content that could be considered obscene,
indecent and/or profane. The Federal Communications Commission enforces its rules against broadcast networks and providers, who in turn
may extend these rules to film distributors seeking to distribute their films on these networks.

Voluntary Industry
Regulations

In the absence of significant
government regulation, the film industry has different non-governmental associations that play an important role in regulating movies.
A key example is the Motion Picture Association, which represents the five major film studios in the United States, including Netflix.
The Motion Picture Association established the Motion Picture Association film rating system, which is a widely used system that provides
guidance for different types of audience on suitable film content. The Motion Picture Association also rates film trailers, print advertising
and other media used to promote a film. The Motion Picture Association rating system is not just for the members, and non-members can
also submit films for rating. This rating system is voluntary and is not enforced by law, although most U.S. movie theaters will
refuse to exhibit non-rated films. Additionally, certain states have incorporated the ratings system into state and local laws, prohibiting
theaters from permitting children under age 18 to view an R-rated or above film without an accompanying adult.

Italy

Introduction

Our subsidiary, World Media
and Entertainment Group indirectly holds a 100% share into L’Officiel Publishing Italia S.r.l., the business of which focuses, among
others, on the publication of magazines in Italy (e.g. “L’Officiel,” including the online version made available onto
www.lofficielitalia.com) and the distribution of audiovisual works.

The Italian subsidiary is
mainly affected by the laws and regulations in the fields of copyright and publishing as well as advertising.

The Italian Subsidiaries are
mainly affected by