

President Joko Widodo on Wednesday has signed a long-awaited regulation that will require tech giants including Google and Meta, to pay local media outlets for news content presented on their platforms.
The rule aims to address publishers’ long standing complaints that they are losing revenue to online platforms, as tech giants’ benefit from using news content in search results and other features without compensation.
The presidential regulation will come into force in August, six months after its announcement, and paves the way for media firms to negotiate partnerships with tech platforms that could take the form of paid licensing, revenue sharing and data sharing among other arrangements.
MITV is a broadcast TV brand intended for international and local English speaking consumers, launched on 31st March 2010 based in Yangon.