Comment on Canada demands 5% of revenue from Netflix, Spotify, and other streamers

Canada demands 5% of revenue from Netflix, Spotify, and other streamers

Enlarge (credit: Getty Images | NurPhoto /) Canada has ordered large online streaming services to pay 5 percent of their Canadian revenue to the government in a program expected to raise $200 million per year to support local news and other home-grown content. The Canadian Radio-television and Telecommunications Commission (CRTC) announced its decision yesterday after a public comment period. "Based on the public record, the CRTC is requiring online streaming services to contribute 5 percent of their Canadian revenues to support the Canadian broadcasting system.

 

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