Canada Orders Streamers to Spend 15% of Revenue on Local Content
Updated
Updated · Bloomberg · May 21
Canada Orders Streamers to Spend 15% of Revenue on Local Content
1 articles · Updated · Bloomberg · May 21
The CRTC said streaming platforms including Netflix and Spotify must direct 15% of their annual Canadian revenue to domestic content under new Online Streaming Act regulations.
The rules extend Canada’s broadcasting framework to global digital services, requiring them to contribute to funds that support Canadian programming and music.
Ottawa is pressing ahead despite US objections: the US Trade Representative has already flagged the law as a trade irritant, setting up potential cross-border friction over digital market rules.
Will forcing Netflix and Spotify to fund Canadian content create global hits or just higher prices for subscribers?
With the US threatening tariffs, will Canada's push for local content spark a North American digital trade war?