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European Producers Praise New Czech Investment Obligation for Major Streamers, Say Trump Tariffs Turned U.S. Market ‘Stone Cold’
European producers say streamers investment obligation will improve local content, increase competitiveness against 'stone cold' U.S. market.
Within the main changes to the national funding structure, that now extends to series and games, is a 3.5% investment obligation on all streaming platforms operating in the Czech Republic, including international majors like Netflix, Amazon Prime Video, and Disney+. The investment obligation will be combined with a parafiscal levy (taxes on a specific product or service employed to fund a particular purpose, in this case supporting the Czech audiovisual industry). Petr Dvořák, chairman of the Czech Audiovisual Fund, said that if there is more demand than offer in the European market, the prices of services will go up and crews can be better paid.
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