Regulators

DPIIT seeks MIB views on issues regarding 26% FDI in digital media sector

Stakeholders and experts raised questions on the clarification

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2019/10/15/mobile.jpg?itok=TO2xSVO3

MUMBAI: As the cabinet recently amended the foreign direct investment (FDI) policy allowing 26 per cent overseas investment in digital media with government approval, the Department for Promotion of Industry and Internal Trade (DPIIT) has sought the views of the Ministry of Information and Broadcasting on issues raised by certain stakeholders over the new policy.

"The extant FDI policy provides for 49 per cent FDI under approval route in up-linking of ''News & Current Affairs'' TV channels. It has been decided to permit 26 per cent FDI under government route for uploading/streaming of news and current affairs through digital media, on the lines of print media," an official statement said.

There was a lack of clarification since the amendment that how the new policy would pan out. According to a PTI report, issues which were raised on the decision have been sent that to the MIB. The ministry is looking into it for suitable clarification, as per an unnamed official quoted by the report.

The Internet and Mobile Association of India stated in a presentation to the DPIIT that the decision would have an impact on the startup ecosystem as continued FDI is critical to enable Indian digital media startups to achieve global scale. The association also said it would be critically harmful if there is not any clarification.

“The scope of the impact will be determined by the wording of the provision in the FDI policy. News and current affairs are present on social media platforms, on digital platforms that are subsidiaries of foreign brands etc. How would you differentiate between TV channels which have 49% and their online streams, which will effectively have 26%?” Eros International group chief marketing officer Manav Sethi also said.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/07/07/amit.jpg?itok=eeJQcC2B
26% FDI cap should apply to news aggregators too: I&B secy Amit Khare

NEW DELHI: News aggregators could be seeing some trouble in paradise. The ministry of information & broadcasting secretary Amit Khare, in a discussion at FICCI Frames 2020, said that FDI (foreign direct investment) rules should be applicable to print media as well as news aggregators.

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/07/07/bhc_1.jpg?itok=a8ci8Ahd
Bombay high court grants interim relief to HUL in brand name row with Emami

NEW DELHI: Hindustan Unilever heaved a sigh of relief as the Bombay high court gave an interim relief in the case with Emami involving HUL's rebranding of its skin cream for men Glow & Handsome. Reportedly, Emami had claimed that it already has a cream named Glow and Handsome.

Regulators High Court
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/07/07/mib.jpg?itok=BIaOOspa
I&B ministry to announce SOPs for M&E industry

NEW DELHI: Information and broadcasting minister Prakash Javadekar today announced that the government will soon come up with new bring standard operating procedures for shooting in a post-pandemic world and will provide incentives for production across TV, film, animation, gaming and co-production...

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/07/07/prasar.jpg?itok=YQO5paOS
Prasar Bharati gets 4 new board members

NEW DELHI: Prasar Bharati, in the process to fill nine vacant positions in its 13-member board, has announced the name of four new part-time members: music composer Salim Merchant, BJP spokesperson Shaina NC, Dainik Jagran editor-in-chief Sanjay Gupta and media professional Alok Agrawal.  Another...

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/07/07/TRAI-Story.jpg?itok=tSKKPD-J
Tamil Nadu MSO writes to TRAI alleging broadcasters' non-compliance to NTO 2.0

Tamil Nadu-based multi-system operator (MSO) Apple Network Private Ltd. has written a complaint to the Telecom Regulatory Authority of India (TRAI) against major pay-TV broadcasters for allegedly not complying to new tariff order 2.0 (NTO 2.0).

Regulators TRAI
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/07/01/ib.jpg?itok=BsO97jUO
I&B ministry grants registration to 10 MSOs in May, June

KOLKATA: The ministry of information and broadcasting (MIB) has published a document listing all the registered multi-system operators (MSO) in the country. As per the document, there are 1664 registered MSOs in India as on 25 June 2020. Six and four MSOs were granted registration in the month of...

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/06/28/pb.jpg?itok=xWD_iZH8
Prasar Bharati reviewing contract with Press Trust of India

Public broadcaster Prasar Bharati is said to be reconsidering its equation with news agency Press Trust of India (PTI) and is learnt to have sent a letter to the news agency over its reporting.

Regulators I&B Ministry
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/06/25/trai.jpg?itok=seZSBR8Y
TRAI launches channel selector app

MUMBAI: In a move to facilitate consumers to view their TV subscription and choose the channels of their interest while removing the unwanted ones, the Telecom Regulatory Authority of India launched a channel selector app.  TRAI said that after issuing the new tariff order for broadcasting services...

Regulators TRAI
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/06/16/trai.jpg?itok=i5d5yPG9
TRAI reiterates need for converged regulatory regime for telecom & broadcasting services

The Telecom Regulatory Authority of India (TRAI) again highlighted the need for a converged regulatory regime for telecom and broadcasting services in India following the model of the Federal Communications Commission (FCC) in US and Office of Communications (OfCom) in the UK.

Regulators TRAI

Sign up for our Newsletter

subscribe for latest stories

* indicates required