The streaming platform has been slowed in India, its largest market, by a devastating recent wave of COVID-19 infection, while launches in the mature markets of Hong Kong, South Korea and Taiwan are expected to come later this year.

In a statement, the ministry said the Cable Television Network Rules have been amended to provide for a transparent statutory mechanism that would benefit the citizens. "At the same time, self-regulating bodies of broadcasters would be registered with the central government," it said.

In 2021, there are 15 big Bollywood movies waiting to be released in theatres along with 35-40 medium-size films that are in the pipeline, as states ease lockdown restrictions and allow reopening of theatres.

The newly-elected president of industry body CII TV Narendran on Thursday said like other countries, India is also evolving in terms of regulations to deal with issues concerning social media companies. These regulations are evolving, whether that is in the US, Europe, Asia, China, Singapore or India, he told reporters.

On June 11, US lawmakers debuted five bipartisan draft bills that are aimed at curbing the power of tech giants like Apple, Google, Facebook, and Amazon. These bills are the product of the 16-month long investigation by the House Judiciary Committee that found Big Tech companies enjoy monopoly power.

To survive and win in today’s age of infinite entertainment, every customer – from pay-TV and telco operators to direct to consumer streaming providers - needs to keep viewers engaged, win subscribers, secure valuable content against pirates, and find new revenues.

The authority noted that a sub-standard CAS/SMS renders a distribution network vulnerable to hacking and piracy.

IAMAI said the personal liability clause for the chief compliance officer should be “replaced by an appropriate provision which is “proportional to the harms” caused by noncompliance.

Consulting firm APCO Worldwide which has been selected in Forbes’ list of America’s Best Management Consulting Firms 2021 released a report titled ‘Regulation of Online Gaming in India’ urging both federal and state governments to avoid bans and come up with a policy which will give a boost to the online gaming sector in India.