Business News | Digital Platforms Drive Media Growth, Account for 30% of Revenue: I & B Secretary
Get latest articles and stories on Business at LatestLY. Advertising revenue continues to be the backbone of the media and broadcast industry, with digital platforms contributing nearly 30 per cent of total earnings, Secretary of the Ministry of Information and Broadcasting Sanjay Jaju said on Wednesday.
New Delhi [India], March 18 (ANI): Advertising revenue continues to be the backbone of the media and broadcast industry, with digital platforms contributing nearly 30 per cent of total earnings, Secretary of the Ministry of Information and Broadcasting Sanjay Jaju said on Wednesday.
Speaking to the media on the sidelines of the Ad Trust Summit 2026, organised by the Advertising Standards Council of India (ASCI), Jaju highlighted the rapid evolution of the agency model, driven by new entrants and increased monetisation linked to the broader digital ecosystem.
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"All systems are investing to adapt to this changing landscape. The agency model is evolving with new players, enhancing monetisation and commerce. Advertising remains central to media growth, with digital platforms accounting for around 30 per cent of revenues," he said.
He noted that the ecosystem has become increasingly democratised, enabling wider participation. "Today, even a small business owner or an individual creator can directly reach consumers. Digital advertising is also transforming through live streaming, short videos, and innovative formats," he added.
Emphasising responsible communication, Jaju said freedom of speech must not be misused to spread misinformation. He described artificial intelligence as a significant disruptor in the sector, offering benefits such as targeted advertising and fraud detection, while also posing risks.
"AI can make misleading content appear authentic. There are growing concerns around deepfakes, synthetic identities, and highly targeted scams, including fabricated testimonials and fraudulent job schemes," he said.
Addressing concerns over gambling advertisements, Jaju said such promotions, especially those targeting youth, remain a serious issue. He added that the ministry has issued advisories and is strengthening cyber enforcement mechanisms to tackle cross-border challenges.
On regulatory aspects, he stressed that compliance should be viewed as a driver of responsible growth. "Legal compliance is pro-growth and ensures accountability. It should not be treated as a secondary function," he said.
Highlighting the role of influencers, Jaju said they carry significant responsibility and must avoid undisclosed sponsorships or associations with unlawful activities. He added that the ministry has introduced frameworks to guide the industry, with a focus on innovation and safeguarding children.
Underscoring the importance of trust, he said, "Even as digital spending grows, authenticity and transparency remain crucial. That is what ultimately connects with audiences." (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)