OTTAWA — Online streaming services such as Netflix and Spotify are being told they must start contributing money toward local news and the production of Canadian content.
On Tuesday, the Canadian Radio-television and Telecommunications Commission directed foreign streamers to pay five per cent of their annual Canadian revenues into a fund.
Companies that are not affiliated with a Canadian broadcaster, and that make at least $25 million from Canadian broadcasting, would be required to pay. It forces streaming platforms to contribute to and promote Canadian content — a requirement traditional broadcasters already follow. Motion Picture Association — Canada, which represents platforms including Disney+, Netflix, HAYU, Sony's Crunchyroll, Paramount+ and Pluto TV, said the new mandate doesn't take into account the contributions these companies already make within the Canadian media industry.
"Today’s discriminatory decision will make it harder for global streamers to collaborate directly with Canadian creatives and invest in world-class storytelling made in Canada for audiences here and around the world." "The contributions the commission has set out for foreign streamers begin to rebalance the obligations between all players who benefit from their access to Canadian audiences and advertisers."
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Foreign online streaming services must now pay into fund for Canadian news, contentOTTAWA — Online streaming services such as Netflix and Spotify are being told they must start contributing money toward local news and the production of Canadian content.
Read more »
Tornado warnings in Ottawa Valley lifted, severe storms still in area; Ottawa under thunderstorm watchTornado warnings that were issued in parts of eastern Ontario have been lifted but a storm system is still moving across the region. While there is no tornado warning for the city of Ottawa, a severe thunderstorm watch is in effect.
Read more »
Ottawa firefighters extricate driver after single-vehicle rollover in south OttawaFirefighters extricated a trapped driver from his car on Saturday evening in a rural area in south Ottawa.
Read more »
Ottawa firefighters extricate driver after single-vehicle rollover south of OttawaFirefighters extricated a trapped driver from his car on Saturday evening in a rural area south of Ottawa.
Read more »
Ottawa police investigating reported hijab-pulling at Israeli flag ceremony in OttawaThe Ottawa Police Service says its hate crime unit is investigating a reported hijab-pulling incident at Tuesday's protest at Ottawa City Hall when the Israeli flag was raised for the country's independence day.
Read more »
'Not the Ottawa Pancakes': NFL player wonders if logo represents an Ottawa teamThe NFL schedule was released Wednesday night, with all 32 teams posting videos on social media to unveil their schedules for the 2024 season. Teams used fans, computer models and players to create videos for the schedule release.
Read more »