Foreign streamers must pay into fund to boost Canadian content, CRTC says
Foreign streamers must pay into fund to boost Canadian content, CRTC says
Money will be put toward funding for local, Indigenous broadcasting, per briefing
it's gonna suck when foreign streamers pull content because of it. Or when, instead they raise their rates inside canada.
I guess somebody has to pay for LTT's fancy new lab.
Nah, LTT is almost certainly too small of a company to benifit from something like this. They want to help those really in need, like Bell and Rogers.
Is a Canadian in Canada not already streaming Canadian content?
This is the best summary I could come up with:
Online streaming services operating in Canada will be required to contribute five per cent of their Canadian revenues to support the domestic broadcasting system, the country's telecoms regulator said on Tuesday.
"Today's decision will help ensure that online streaming services make meaningful contributions to Canadian and Indigenous content," wrote CRTC chief executive and chair Vicky Eatrides in a statement.
"It increases the offer of great international productions that they have now available to them, as well as shows that get made here, and that reflect their own experience a little bit more closely," he told CBC News.
While Forget noted that the directors guild has worked extensively with U.S. and international streamers, helping build up a talent pool and creating employment opportunities, "we have stories to tell as Canadians."
It said the new measure "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 CMPA was among 20 screen organizations from around the world that signed a statement in January asking governments to impose stronger regulations on streaming companies operating in local markets.
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