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Nirmal
Saturday, February 4, 2023

The minister demanded a fair share of revenue from big tech.

World NewsIndia NewsThe minister demanded a fair share of revenue from big tech.

New Delhi: In a bid to address the “disproportionate imbalance” in the news industry, Union Minister of State for Electronics and Information Technology Rajeev Chandrashekhar called on big-tech aggregators to support digital news creators and subsequently generate revenue. Contribute to a fair share of

“It is clear that if the traditional news industry continues to be adversely affected, the future of journalism, our fourth pillar, will also be affected. Thus, it is also a question of journalism and credible content. It would have hurt the little guy. Which is not the right thing for a country like India where we have potentially hundreds and thousands of content creators,” he said at the Digital News Publishers Association’s ‘Future of Digital Media Conference 2023’ on Friday.

He added that it is clear that at some point, news consumption in particular and content, in general, will increasingly come to the Internet.

Acknowledging the challenges as India ushers in the era of digitization, he said: “As millions of consumers use the Internet and consumer products and services, timeliness accountability to consumers is also something that needs to be built into. And legislation is needed. For decades, regulation and legislation or government and social scrutiny and oversight of digital platforms lagged behind innovation because it was seen that these were all innovative platforms and that they posed no threat or crime. With the proliferation of digital media and digital brands, we have seen these old media values ​​challenged or tested.

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