UK culture secretary Andy Burnham has confirmed he will create a â€œco-regulatory body, led and funded by the industry, to take on responsibility for regulating programme content on video-on-demand servicesâ€. Under the new rules, â€œall UK providers of VOD services will need to notify the co-regulator that they are providing a serviceâ€, Burnhamâ€™s department for culture, media and sport said. The department had previously said such a body could cost Â£1.72 million annually to run.
Ah marvellous. Another competitive advantage in the UK ceded to non-UK companies. Brilliant.