Last month, the government introduced a new draft law to regulate the broadcasting sector, which will also apply to OTT platforms. The bill proposes the formation of individual content evaluation committees with members from various social groups to review and approve shows before they are released on streaming platforms. Concerned about heavy obligations, US-based streaming giant Netflix, Mukesh Ambani-owned Viacom18, and other streaming companies are reportedly planning to collectively request the government to delay or revamp the bill.
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Why Netflix and others may have a ‘problem’ with the broadcasting bill
Last month, the government introduced a new draft law to regulate the broadcasting sector, which will also apply to OTT platforms. The bill proposes the formation of individual content evaluation committees with members from various social groups to review and approve shows before they are released on streaming platforms. Concerned about heavy obligations, US-based streaming giant Netflix, Mukesh Ambani-owned Viacom18, and other streaming companies are reportedly planning to collectively request the government to delay or revamp the bill.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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