U.S. Motion Picture Association slams CRTC rules on Canadian content investment - BNN Bloomberg
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Article Excerpt
OTTAWA — The industry lobby group representing big American streaming services slammed new revenue rules on Friday forcing them to invest in Canadian content while some Canadian industry organizations said the rules are in line with what this country has required for decades.
The groups are reacting after Canada’s broadcast regulator, the CRTC, said Thursday large TV streaming services must contribute 15 per cent of their Canadian revenues to Canadian content.
That’s three times the initial contribution requirement the CRTC set out in 2024, which is being challenged in court by streamers inc…
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