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Global Streaming Giants Call On Canadian Court To Shelve Streaming Levy
Global streaming giants such as Netflix and Disney have called on a Canadian court to stop plans to introduce a 5% levy to pay for local programs.
The global streaming giants have called on a Canadian court to stop plans to introduce a 5% levy to pay for local programs. The CRTC also said that streamers would have “some flexibility to direct parts of their contributions to support Canadian television content directly.” The regulator couldn’t be contacted before press time today. The same argument is happening in many countries around the world, but Canada has become a flashpoint and a potential canary in the coal mine should the regulation lead to streamers pulling back on investment.
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