The CRTC mandates foreign streaming platforms like Netflix and Spotify to contribute 5% of Canadian revenues to support local and Indigenous broadcasting, projected to raise C$200m annually.
Canada's telecoms regulator, the Canadian Radio-television and Telecommunications Commission (CRTC), has mandated foreign streaming platforms such as Netflix and Spotify to contribute 5% of their Canadian revenues to support the domestic broadcasting system. The funding will boost local and Indigenous broadcasting, with the measure estimated to raise approximately C$200m ($146m) annually. The CRTC aims to ensure online streaming services make meaningful contributions to Canadian and Indigenous content.
June 04, 2024
35 Articles