Canada Tripling “Netflix Tax” on U.S. Streamers Draws Skepticism From Local Unions, Creatives
Canada's recent decision to increase the 'Netflix tax' on U.S. streaming platforms has sparked skepticism among local unions and creatives. The Canadian Radio-television and Telecommunications Commission (CRTC) has mandated that these platforms contribute 15 percent of their Canadian revenues to support local production. Concerns have been raised about the potential impact on Canadian programming and the lack of protections for original storytelling.
- ▪The CRTC has imposed a 15 percent levy on U.S. streaming platforms to fund local film and TV production.
- ▪Local creative guilds are questioning the effectiveness of the new regulations in protecting Canadian content.
- ▪There are concerns that the changes may lead to a shift in investment away from original Canadian programming.
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Netflix co-CEO Ted Sarandos Andrew Leyden/Getty Images Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment After the American studios criticized Canada for raising its cash call on large U.S. streamers, skeptical local creative guilds and unions have raised questions around the CRTC’s latest Online Streaming Act ruling.
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