OTT: A case for a govt-industry joint governance model in India
Considering the quantum of content emerging and the number of players, it isn't possible for even the government to micro-regulate content
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While television content is governed by the Cable TV Network Act, 1995, and cinema by the Cinematograph Act, 1952, there were no specific laws or rules to regulate OTT platforms
Over the top (OTT) refers to entertainment, educational or informative content including documentaries that are available to any person accessing the same via the internet through a subscription model on their device of choice. OTTs democratise accessibility that was earlier dependent on bundled content from conventional providers like television, cable, DTH, theatres and viewing houses. India is fast emerging as one of the top few countries for online curated content, and as per industry reports, from Rs 4,300 crore in FY2019, the industry is expected to grow to Rs 17,400 crore by 2024. This segment also calls itself the online curated content (OCC) industry. There are globally over 60 OTT players with almost 40 operating in India.