Jill Goldsmith Co-Business EditorCanada has proposed an amendment to its national Broadcasting Act to require streaming services from Netflix and Disney+ to Amazon and Spotify to invest a portion of revenue in local production.Steven Guilbeault, Minister of Canadian Heritage, tabled the bill yesterday.
It establishes a new class of players called “online undertakings” including U.S.-based streaming platforms operating in the country that would be required to contribute to the local industry alongside Canadian broadcasters, which are already required to do so under current broadcast law.A government briefing note cited by the CBC said that if the law applied the same requirements around Canadian content to streamers that it applies to.
Read more on deadline.com