Two-sided platforms are business models that facilitate interactions between two distinct user groups, typically consumers and producers, creating value primarily through network effects. They thrive by balancing the interests of both sides, often subsidizing one side to attract the other, thereby enhancing the overall platform's value and competitiveness.
Digital Media Policy refers to the rules and guidelines established to govern the creation, distribution, and consumption of digital content. It addresses issues such as copyright, privacy, data protection, and the ethical use of digital platforms to ensure a fair and secure online environment.
Platform ecosystems are dynamic, interdependent environments where multiple stakeholders, including users, developers, and service providers, collaborate and create value through the core interactions enabled by a digital platform. They rely on network effects to grow, meaning the platform's value increases as more participants engage and contribute to the ecosystem's resources and services.