Global Streaming Giants Challenge Canadian Court Over Streaming Levy

Reported about 1 year ago

The Motion Picture Association-Canada (MPA-Canada), representing companies like Netflix, Paramount, and Disney, is urging a Canadian court to halt legislation that would require streaming services to pay for local news. The MPA-Canada argues that this requirement exceeds regulatory authority and fails to acknowledge the significant contributions made by these companies to the Canadian market. The disputed levy, part of the C-11 Bill, would mandate streamers to invest 5% of their local revenues into a fund for local news, an issue that has sparked debate in various countries.

Source: YAHOO

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