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, 5 tweets, 2 min read Read on Twitter
Bizarre move from the govt: FDI in digital media uploading/streaming is now 26%.

pib.gov.in/PressReleseDet…

A few points follow:
1. This is not permission, it is a restriction. Digital media did not have limits earlier.

2. They're equating digital media with TV putting a limit equivalent of that of print. How does that make sense?
3. What happens to TV channels with 49% FDI who stream online? How will a different FDI limit apply differently to the same company? Will they have to stop streaming or TV?
4. What happens to news streams being accessed online? Will foreign channels accessed online be blocked?
5. Will FDI regulations will apply to those uploading content on YouTube or Facebook, or to the platforms (Facebook, YouTube) themselves?
6. The text mentions the word "uploaded". Does this mean that text based websites, where content is being uploaded, will also be impacted? What about sites that have raised more than 26% funding? Will they now have to buy back equity? Will global news sites be blocked in India?
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