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

Wednesday, 25 December 2024

Fine Line between Self-Regulation and Control

 


Article link: Read the full article here

Extract from the article:

 

The article discusses the opposition faced by streaming giants like Netflix, Amazon, and Warner Bros against attempts to regulate them under the ambit of the Telecom Regulatory Authority of India (TRAI).

 

These companies argue that they are outside the regulatory authority's scope. The pushback comes in the context of ongoing debates about governance and control over digital content and services. With the increasing dominance of these streaming platforms in the entertainment industry, the issue of regulation becomes pivotal in ensuring fair competition and content standards.

 

The stance of these tech giants brings to light the complexities of regulating digital platforms that operate across borders and have a significant impact on various aspects of society.

 

The resistance to regulation reflects the companies' desire to maintain autonomy and freedom in content creation and distribution, raising questions about the balance between innovation, consumer protection, and regulatory oversight in the digital era.

My Take:

Blog Title 1

 

The relevance of my previous blog post on the need for tech giants to share revenue with content creators resonates strongly with the current scenario.

 

 As streaming platforms like Netflix and Amazon resist regulatory attempts, the issue of equitable revenue distribution is paramount. By mandating revenue sharing, not only does the government ensure fair compensation for content creators but it also creates a more sustainable and inclusive digital ecosystem.

 

The potential loss faced by these companies could be a catalyst for them to reconsider their stance on revenue sharing for the benefit of the entire content creation industry.

 

Blog Title 2

In the ongoing regulatory drama involving tech giants, the confusion and challenges highlighted in my blog post regarding new draft rules are quite pertinent.

 

The lack of clarity in regulations, such as distinguishing between foreign and domestic e-commerce players, mirrors the uncertainties faced by streaming giants opposing TRAI's move.

 

Clear and precise regulations are essential to navigate the complexities of the digital landscape, ensuring a level playing field for all stakeholders.

 

Call to Action:

To the Telecom Regulatory Authority of India (TRAI) and other relevant regulatory bodies, I urge a collaborative approach with industry stakeholders to develop comprehensive and balanced regulations that address the concerns of both streaming platforms and content creators.

 

 Embracing transparency and open dialogue can lead to regulatory frameworks that foster innovation, protect consumer interests, and support the growth of the digital entertainment sector.

 

With regards,

 

Hemen Parekh

 

www.My-Teacher.in / 26 Dec 2024

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