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Updated: May 07, 2025 17:44
Spotify has voiced concerns over proposed regulatory changes that could bring music streaming platforms under the same framework as video-based OTT services. The company argues that music streaming operates differently from video content and should not be subjected to identical compliance measures.
Industry Concerns and Regulatory Debate
- The Indian government has been considering extending the Digital Media Ethics Code to music streaming platforms, a move aimed at increasing accountability.
- Spotify’s Chief Public Affairs Officer, Dustee Jenkins, cautioned that such regulations could raise compliance costs and stifle creativity within the industry.
- The company highlighted that Indian artists were discovered over 11 billion times globally on Spotify in 2024, demonstrating the platform’s role in expanding India’s cultural influence.
- Spotify has introduced initiatives like RADAR and EQUAL to support emerging artists and promote diversity in music.
Market Impact and Future Outlook
- The streaming giant emphasized that the current ecosystem has helped reduce piracy and improve monetization for artists.
- While Spotify welcomed the government’s ₹1,000 crore Creator Fund to support media and entertainment industries, it urged policymakers to consider the unique nature of music streaming before implementing broad regulations.
- The company remains in dialogue with Indian authorities, advocating for a balanced approach that fosters growth without imposing unnecessary restrictions.
Sources: CNBC-TV18, Economic Times, Business Standard, Silicon India, Storyboard18