New Delhi: The government’s 2019 decision to limit foreign direct investment (FDI) in digital media to 26% does not apply to OTT platforms that host digital feeds of TV news channels, the Ministry of Information and Broadcasting has said in a statement. said in the statement Friday.
“TV news channels permitted under the Uplinking and Downlinking Guidelines, 2022 (and earlier guidelines of 2005 and 2011) of the Ministry of Information and Broadcasting and their entities operating digital news content are already covered by the FDI policy of the Central Government Have gone the ministry added.
“Accordingly, when an OTT platform hosts a digital feed of a TV news channel (as permitted under the extant guidelines), the condition of FDI limit of 26% under the government approval route for the activity of hosting such feed in OTT Not applicable across platforms. ,” it added.
The ministry was informed that the OTT sites only provide a platform for carrying news and current affairs content of third parties of news channels on an “as-is-basis” without editorial intervention, and that the OTT sites are not engaged in any aggregation or The aggregation of news and current affairs content provided by such channels is not included.
OTT simply hosts news feeds provided by entities similar to DTH (direct-to-home) or cable service providers.
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