Social Media Platforms Should Give Fair Share Of Revenue To Content Creators, Says Ashwini Vaishnaw

Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, has emphasized the need for social media platforms to adopt fair revenue-sharing models that benefit content creators. Speaking at a recent event, Vaishnaw highlighted the growing importance of digital content and the role of creators in driving engagement on these platforms. He stated that it is crucial for platforms to ensure that creators receive a just share of the revenue generated from their content. This call for equitable monetization follows global trends where content creators are advocating for better compensation for their work. Vaishnaw's remarks reflect a broader shift towards recognizing the economic contributions of digital creators, which is essential for fostering a sustainable and vibrant online ecosystem. He urged platforms to align their monetization strategies with the principles of fairness, ensuring that all stakeholders are rewarded adequately for their contributions. This initiative aligns with the Indian government's focus on promoting the digital economy and supporting local talent in the content creation space, aiming to enhance the overall growth of the sector.
Originally reported by NDTV Profit. Read original article
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