Canada To Force Streaming Services To Pay For Local Content
Canada has announced new legislation that requires US streaming services like Disney+ to subsidise the development, production and distribution of local entertainment and cultural content.
“We’re not asking these companies to do things they’re not already doing,” said Minister of Canadian Heritage Steven Guilbeault.
“They are investing in Canada. What we’re doing is putting a regulatory framework on how those investments should be made in light of things we’re already asking from Canadian broadcasters.”
“A separate system for online broadcasters simply doesn’t work. This outdated regulatory framework is not only unfair for our Canadian businesses. It threatens Canadian jobs and it undermines our ability to tell our own Canadian story,”
Local broadcasters and cable players contribute a share of their revenues to subsidise local TV production in Canada.
If this new law is introduced, it could result in online broadcasters being required to invest more than $800 million in local content creators by 2023. Before then, the CRTC, Canada’s telecom and broadcast regulator, will determine how much companies like Disney will be compelled to invest in local content, whether through the creation of new production funds or the imposition of quotas on individual companies, among other options under consideration.
If Disney+ has to have a quota, more content will have to be created in Canada to allow the streaming service to continue to operate. This would follow similar quota rules in Europe.
This new rule would apply to all the major big tech companies such as Netflix, Amazon, Spotify, YouTube etc.
What do you think of Canada’s potential new rule?
Source – Hollywood Reporter
Roger Palmer
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Another dictatorial, money grab move that at the end, costumers will pay for, not enough using taxpayers money to pay for liberal propaganda media like CBC, CTV, etc? Sick of this socialists and all we needed now, a leftist taking over USA to team up with the clown we already have in here.
Leave it to the CRTC to interfere with something that works just fine now as it stands. If the CRTC wanted to do this, then they should have done so at the introduction of these apps and businesses into Canada. When it come to the CRTC, they have a reputation to mess up a good thing and sit on their hands when new technologies are waiting approval to operate in Canada. If there CRTC is looking to do some good for the residents of Canada, maybe get off your butts and get things moving on things that actually help Canadians. The government of Canada makes statements that Canadians need good reliable internet in Canada and here they are, putting the cart before the horse yet again. Before the government of Canada gives the CRTC powers to make these kind of decisions, maybe they should be making sure that the CRTC can actually handle what they have in front of them at the time. Canadians have been waiting for the government to keep their promises on reliable rural Internet for 15 years now and we have a company (spacex) knocking on the door and (I might add) not asking for money from the taxpayers of Canada to operate in our country, the government can keep their promises to Canadians by simply giving approval for spacex to operate in Canada. But here we are, waiting on government to give such approvals, and they are trying to figure out a way for Canadians to have less access by implementing new taxes on companies already operating in Canada. Time for the leaders of this country to open their eyes and keep promises make to Canadians living in rural Canada.
I honestly think all streaming companies should have the same content every where. Example Canada should have the same content just like the states and so on and so fourth.