Netflix, billionaire Mukesh Ambani's Viacom18 and other streaming companies plan to collectively lobby the Indian government to delay or revamp a broadcast bill they fear will be onerous for the sector, sources familiar with the matter said. India last month introduced the new draft law to regulate the broadcasting sector that will also apply to streaming giants. It proposes the formation of individual content evaluation committees with members from various social groups who will review and sign off on shows before they are released.
This is an audio transcript of the Life and Art from FT Weekend podcast episode: ‘Culture Chat — Netflix’s ‘The Crown’’Lilah RaptopoulosWelcome to Life and Art from FT Weekend. I’m Lilah Raptopoulos and this is our Friday chat show.
Netflix (NFLX) closed the most recent trading day at $473.97, moving -0.67% from the previous trading session.