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Netflix, Amazon Must Invest 25% of French Revenues in Local Content, France Government Decrees

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variety.com

Elsa Keslassy International CorrespondentStreaming services, including Netflix, Amazon and Disney Plus, will soon have to invest between 20%-25% of their French revenues in French content under a new decree that was just unveiled by the French government following an 18-month process.The French decree is a stepping stone in the implementation of the Audiovisual Media Services Directive (AVMS), a legislation put forth by the European Commission to place streaming giants on an even playing field with existing players across Europe.

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