Major Studios Slam Canada For Slapping “Discriminatory Investment Obligations” on U.S. Streamers
Major Hollywood studios have criticized Canada's new regulations requiring U.S. streamers to invest 15 percent of their Canadian revenues into local production. The Motion Picture Association argues that these obligations are discriminatory and violate trade agreements. The Canadian Radio-Television and Telecommunications Commission's ruling aims to support local content creation but has faced backlash from American companies.
- ▪The CRTC has mandated that American streaming services contribute 15 percent of their Canadian revenues to local media production.
- ▪The Motion Picture Association claims this decision unfairly targets global streamers and violates USMCA obligations.
- ▪The Online Streaming Act aims to balance support for local production while benefiting from foreign investment in Canada's media landscape.
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Netflix's Ted Sarandos (left) with actor Noah Schnapp at the company's Toronto office opening event. Courtesy of George Pimentel/Netflix 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 Hollywood studios have slammed Canada’s TV watchdog for ordering American streamers to direct 15 percent of their Canadian revenues into local indie production as part of the country’s Online Streaming law.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hollywood Reporter.
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