Digital Media

Experts say the introduction of a 26% FDI cap in the segment will only lead to over-regulation

Last year, the Union Cabinet had approved 26% FDI in digital media

The government suggests that web-based digital media should be regulatedCalling it parallel media, the Centre says web portals use spectrum or radio airwaves and internet which are public property

Advertising on digital platforms is expected to grow 5-15% over the next year, says the report by EY

The draft Registration of Press and Periodicals Bill, 2019, seeks to replace the Press and Registration of Books (PRB) Act, 1867, that governs the print and publishing industry in the countryIt’s not clear whether the Bill applies only to web versions of print publications or to digital-only news sites as well

The Union Cabinet last month cleared a raft of changes in FDI regulations 'The changes in FDI policy will result in making India a more attractive destination,' said the cabinet statement

Fundraising plans, capital structure may have to be altered to be in line with the lawThe firms and their investors expect the govt to clarify and provide details on the announcement

100% FDI allowed in contract manufacturing under automatic route100% FDI allowed in coal mining; 26% FDI allowed in digital media

The present FDI policy is silent on the fast-growing digital media segmentFDI in India dipped 1% to $44.36 billion in 2018-19

India's media and entertainment industry grew 13.4% yoy to touch ₹1.67 trillion in 2018The growth was powered by digital media platforms that grew 42% to ₹16,900 crore in 2018