High costs and limited returns- Ad spends on LinkedIn likely to go down 20%

LinkedIn’s CPM rates in India are up to 15-20% higher than other social media platforms. (Image source: Unsplash)

Brands are rethinking their advertising investment in LinkedIn ads as CPM rates on the platform have more than doubled in the past two years. The rates currently stand at 15-20% higher than other social media platforms.

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MeitY warns social media cos to remove hoax bomb threats or else be held liable

This measure is part of a broader strategy by Albanese's center-left Labor government to tackle the growing influence of technology giants, which have been linked to a rise in misinformation and mental health issues among young people.

The Ministry of Electronics and Information Technology (MeitY)’s advisory also asked social media platforms to provide information on the matter to law enforcement agencies within 72 hours.

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Ministry of I&B schedules pre-bid conference for FM Radio Phase-III auction on October 28

Radio industry requested TRAI for subsidies, minimum costs for hardware upgradation, a phased transition, and the usage of existing spectrum to also do digital in a simulcast mode.

On October 14, the Ministry of Information and Broadcasting issued a notice inviting applications for e-auctions of third batch of Private FM Radio Phase III channels in 234 cities with 730 channels.

I&B Ministry ‘suspends’ work on draft Broadcasting Bill

In a letter to the Ministry of Information and Broadcasting, AIDCF stated, "Unlike traditional distribution platform operators (DPOs), these services do not seem to be subject to the same regulatory scrutiny, potentially creating an uneven playing field for Pay TV operators.

While the first draft was made public, the second draft of the Broadcasting Services Regulation Bill was circulated among select stakeholders in July 2024. It eventually was withdrawn by MIB saying it will ‘soon release the fresh draft’.