Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Sunday, 17 November 2024

How about compensating Users ?

 


 

Article link:

 

Traditional media must be compensated by e-platforms: Ashwini Vaishnaw, ETGovernment

Extract from the article:

 

In a recent statement by Ashwini Vaishnaw, the conversation around compensating traditional media by e-platforms has gained traction.

 

The call for fair compensation stems from the imbalance in bargaining power between traditional journalism and digital platforms. Emphasizing the significant investment made in traditional journalism, including training, editorial processes, and verification, it is highlighted that the current scenario undermines the essence of traditional journalism.

 

The Indian Newspaper Society (INS) had previously voiced concerns about abuse of dominance by Google in terms of News Referral Services and Google Ad Tech Services in the Indian online news media market.

 

The lack of transparency in revenue sharing and the unequal negotiation power between news publishers and big tech companies have fueled the need for fair compensation mechanisms for traditional media, reflecting a larger debate on equitable practices in the digital realm.

 

 

My Take:

Dear Jayant Sinhaji : First plead for People

 

Reflecting on the current discussion about compensating traditional media by e-platforms, I am reminded of the critical role that regulatory provisions play in ensuring fair revenue sharing in the digital landscape.

 

 

Back in 2022, the Standing Committee on Finance led by Jayant Sinha advocated for a transparent deal for online news publishers, emphasizing the importance of news publishers receiving a fair share of digital advertising revenues from big tech platforms.

 

This echoes the current call for compensation, underscoring the ongoing need for policies that protect the interests of traditional media in the evolving digital ecosystem.

 

Super Follows thinks Super Clever

 

The demand for compensating traditional media by e-platforms signifies a broader trend where stakeholders, including politicians and lawmakers, are increasingly recognizing the need for equitable practices in the digital realm.

 

As highlighted previously, the influence of news media in shaping public opinion and political narratives cannot be understated. The push for fair compensation reflects a growing awareness of the power dynamics at play in the digital space and the importance of upholding journalistic integrity amidst evolving technological landscapes.

 

Call to Action:

 

To Ashwini Vaishnaw and policymakers, I urge a concerted effort to translate discussions on compensating traditional media by e-platforms into tangible regulatory frameworks that ensure fair and transparent revenue sharing mechanisms.

 

It is crucial to prioritize the sustainability of traditional journalism and uphold the principles of equity and accountability in the digital age.

 

 

With regards,

 

Hemen Parekh

 

www.My-Teacher.in

 

www.HemenParekh.ai  /  18 Nov 2014

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