The National Post reports in its Thursday, July 20, edition that streaming giants, including Netflix, Amazon, Spotify, Apple and Disney, are objecting to the CRTC'S proposal to require them to pay into the Canadian content system before the commission fully figures out how it will regulate Canadian content (Cancon) for streamers, and before it has even defined what qualifies as Cancon.
The Post's Anja Karadeglija
writes that the regulator has begun a series of consultations on how to implement Bill C-11, which became law in April. The Online Streaming Act sets up the CRTC to begin regulating streaming platforms, requiring them to showcase Canadian content on their platforms, and to make them pay into the Cancon fund for the creation of Canadian movies, TV shows and music.
The regulatory process could take years to fully play out, but in written submissions, the platforms opposed the CRTC'S suggestion to have them pay an "initial base contribution," in which they would pay a percentage of their Canadian revenues toward funding in support of Canadian content.
The CRTC is holding written consultations and will hold an in-person hearing in November on contribution toward Canadian and Indigenous content.
© 2024 Canjex Publishing Ltd. All rights reserved.