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Netflix, Disney+ Face Calls For Greater Transparency As French Regulators Herald Streamer Integration
Streamers Netflix, Disney+ and Amazon Prime have invested more than $900 million in France since 2021 and are facing calls for greater transparency.
With global SVOD expenditures now accounting for 20% of France’s National Film Board funding – marking a staggering increase from the 4% of 2019 – local authorities are eager to keep the wider directive in place, all while integrating newer players like Sony’s Crunchyroll, AppleTV+ Max. Responding to concerns from local producer unions – who feel that negotiating without a fuller economic understanding levies them with an unfair disadvantage – administrators from France’s broadcasting regulatory authority ( Arcom) are currently examining a legislative workaround to the trade secrets protections that keep streaming data opaque. That Netflix has already agreed to share 2023 financial data gave the regulator reason for optimism as he called for a wider lift on the trade secrets omerta, while the regulatory body also proposed an anti-inflationary and skill-shortage measure that would see SVOD services earmarking minimum portions of their annual obligations towards professional training programs.
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