Netflix and Viacom18 are reportedly opposing India’s proposed broadcasting law, which mandates self-certification of content by streaming platforms. The law aims to regulate the sector, requiring the establishment of Content Evaluation Committees (CEC) for content review and certification. This move by the Indian government addresses concerns about the lack of regulation for online content, a contentious issue in recent years.
With India’s streaming market expected to reach $7 billion by 2027, the proposed law seeks “robust self-regulation” through CECs formed by each broadcaster, including platforms like Netflix and Amazon. However, both Netflix and Viacom18 express opposition, fearing potential censorship and infringement on freedom of speech. The law’s draft specifies that only content “duly certified” by the CEC can be broadcast, raising concerns about government interference.
In summary, India’s proposed broadcasting law faces resistance from streaming giants Netflix and Viacom18. The law, designed to regulate the sector, mandates the creation of Content Evaluation Committees for content certification. Despite the intention of promoting self-regulation, critics argue the law may lead to censorship and impede freedom of speech. The proposed legislation is currently open for public consultation for a 30-day period.
Stay informed with our financial updates, stocks, bonds, commodities. Get global & political insights. Follow us & enable notifications for the latest updates.