07:53:23 EDT Tue 01 Jul 2025
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Post/CP say Amazon, Apple get support from Adams

2024-10-10 09:00 ET - In the News

Also In the News (C-AAPL) Apple CDR (CAD Hedged)

The National Post reports in its Thursday edition that Canadian rocker Bryan Adams is adding his voice to opposition over new federal regulations on streaming. A Canadian Press dispatch to the Post says Mr. Adams released a video on social media saying elements of the Online Streaming Act would make it harder for Canadian musicians to break through globally. The complaint echoes points raised by a national campaign by the Digital Media Association, which represents the world's leading music-streaming companies including Amazon, Apple Music, Feed.fm, Pandora, Spotify and YouTube. The group says Ottawa's requirement that big foreign streamers financially contribute to Canadian content could result in higher subscription prices, making those services less affordable. Federal Heritage Minister Pascale St-Onge says she is glad Mr. Adams jumped into the debate but disputes his description of the rule as a "streaming tax." She says the changes are meant to help emerging Canadian artists, many of whom complain about the difficulty of finding an audience on global digital platforms.

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