The UK is taking a big step in regulating streaming services with a new bill.
The so-called media law draft seeks to create a regulatory framework for online broadcasting services, bringing them on par with traditional broadcasters for the first time.
One of the key policies highlighted in the project is the inclusion of US streaming services under the jurisdiction of Ofcom, the UK’s telecommunications regulator.
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This means streaming platforms could face fines of up to £250,000 ($308,000) or even restrictions in the UK if they breach harmful content rules that have applied to public broadcasters for decades.
Another main aim of the bill is to protect children and ensure that standards are maintained in video on demand services.
A new video on demand law, drawn up and implemented by Ofcom, is expected to be implemented to ensure standards are met and young viewers are protected.
While some streaming platforms, such as Netflix, have expressed concerns about potential negative impacts on their ability to provide documentary content, they have also shown support for the bill.
Netflix highlighted its close working relationship with Ofcom and its collaboration with local broadcasters in the production of popular programmes. Additionally, it is the only streaming service to have voluntarily decided to include BBFC age ratings in all of its content.
Enable “Channel 4”
Report from Local media They point out that major TV platforms are expected to be obligated to promote the VOD players of British broadcasters, such as iPlayer, ITVX and Channel 4.
This means the project will allow Channel 4 to produce and own the rights to its programs for the first time in its 40-year history.
This would open the door for the channel to adopt a model similar to BBC Studios and ITV Studios, allowing it to monetize its content through third-party sales.
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